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Restaurant and Bar Investment Opportunity in Mumbai, India

Successful restaurant entrepreneur looking for investors to start a unique concept restaurant in Mumbai or Pune
This transaction has concluded.

Established Undisclosed
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 60 thousand
EBITDA Margin 30 %
Industries Restaurants and Bars
Locations  Mumbai
Local Time 5:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 80.0% stake (Native Currency: INR 5,000,000)
Reason: Working capital and new equipment
Interested to connect with advisors
Business Overview

I was running a restaurant & bar serving European cuisine in the heart of south Mumbai for 5 years. Veg/Nonveg 65 seater completely air conditioned 2 levels with a lounge on the first floor. Restaurant had an average of 50 billings a day which went upto 75 on the weekends. Successfully sold this restaurant to a strategic acquirer as one of the partners had to relocate.

I am now looking to set up a new restaurant with a unique concept and European/Continental cuisine with the help of an investor. With my previous experience in 3 different restaurant formats as a business owner, I have developed several good contacts with chefs, vendors, and government agencies. There are nearly 21 licenses required to set up a restaurant with bar and I will be able to get these are minimal cost and on time. I would like to take a minority stake in this business and the investor remains the majority shareholder. I'm also open to doing the same for a fee instead of minority stake. In the long run I would like to open multiple outlets in Mumbai and Pune along with the investor.

Products & Services Overview

European/Continental Cuisine

Facilities Overview

Suitable location to be decided in discussion with investor. In Mumbai or Pune

Capitalization Overview
Not Disclosed
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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