Profitable Restaurant for Sale in Visakhapatnam, India
One of a kind Gourmet, fine-dine restaurant with exclusive private dining, set in a heritage location in Vizag up for sale.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 500 thousand |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 60 % |
| Industries | Restaurants |
| Locations | Visakhapatnam |
| Local Time | 3:07 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
470 thousand
(Native Currency: INR 40,000,000)
Reason: Promoter not able to give enough time to the business.
Interested to connect with advisors
Business Overview
One of a kind Gourmet, fine-dine restaurant with exclusive private dining, set in a heritage location in Vizag up for sale.
Set in a picturesque location, in an upmarket Vizag, and hence thronged by the elite community.
Truly one-of-kind luxury facilities and gourmet cuisine matching foreign standards.
Spread over three floors, the restaurant has private dining areas, a 120 seater gourmet restaurant, balconies, set in elegant style.
1,700 Sq Ft in each floor, totaling to 5,100 Sq Ft, and a total dining capacity of 400 people. Balcony of 600 Sq Ft and dining at the grounds at an area of 1,200 Sq Ft. Car parking facility for up to a 100 cars at a time.
Monthly rent of Rs. 3 lakhs with a rental advance of Rs. 12 lakhs.
Authentic Indian and European cuisine, sought after by the aficionados.
Set in a picturesque location, in an upmarket Vizag, and hence thronged by the elite community.
Truly one-of-kind luxury facilities and gourmet cuisine matching foreign standards.
Spread over three floors, the restaurant has private dining areas, a 120 seater gourmet restaurant, balconies, set in elegant style.
1,700 Sq Ft in each floor, totaling to 5,100 Sq Ft, and a total dining capacity of 400 people. Balcony of 600 Sq Ft and dining at the grounds at an area of 1,200 Sq Ft. Car parking facility for up to a 100 cars at a time.
Monthly rent of Rs. 3 lakhs with a rental advance of Rs. 12 lakhs.
Authentic Indian and European cuisine, sought after by the aficionados.
Products & Services Overview
Authentic Indian and European cuisine, sought after by the aficionados.
Facilities Overview
1,700 Sq Ft in each floor, totaling to 5,100 Sq Ft, and a total dining capacity of 400 people. Balcony of 600 Sq Ft and dining at the grounds at an area of 1,200 Sq Ft.Monthly rent of Rs. 3 lakhs with a rental advance of Rs. 12 lakhs.
Capitalization Overview
Not Disclosed
Recent Activity
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