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Restaurant and Bar for Sale in Mumbai, India

Trendy upscale Bar & Restaurant in South Mumbai seeking investment partners
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 120 thousand
Run Rate Sales USD 270 thousand
EBITDA Margin 25 %
Industries Restaurants and Bars
Locations  Mumbai
Local Time 9:48 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 260 thousand (Native Currency: INR 19,000,000)
Reason: Outright sale preferred option however we are open to other options if the buyer/investor would like... View More
Interested to connect with advisors
Documents
investor plan
Business Overview

We are the only upscale Pub styled bar & restaurant in this posh locality in South Mumbai area surrounded by many offices. We are a destination in the evening for office crowd post working hours and for youngsters later in the night. Our all day menu keeps the customers coming at any given time in the day. With state government seriously considering making certain areas(commercial areas)open for 24 hour business we see a potential windfall coming our way. The core team consists of experienced restaurateurs with a tremendous track record & other successful restaurants behind them. Mid day, Afternoon, DNA, Indian Express, Mirror and most other publications have given us a favorable rating and the reviews are available online.

Products & Services Overview

We specialize in European &; American cuisine and have a fantastic bar menu to offer.There's something for everyone. We have events almost every other night. Ladies nights, Retro nights, EDM, Live gigs, etc on different nights.Our in house DJ keeps spinning tracks from retro to the latest international chart busters all through the week.

Facilities Overview

Approx built up area including the back office is about 2000 sq.feet of which serviceable area will be around 1800 sq feet.We have an Indoor bar area and outdoor Al Fresco seating area, both are air conditioned areas,the outside has a lot of greenery to add to the experience. Property is on a 9 year lease.(5 plus 4) and leaves ample scope for the business to grow over the years.This is ideal fora long term investor looking at sustained growth.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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