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 53 thousand |
| EBITDA Margin | 30 % |
| Industries | Foodservice Outlets |
| Locations | Mumbai |
| Local Time | 10:24 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
53 thousand
for
80.0%
stake
(Native Currency: INR 5,000,000)
Reason: Working capital and new equipment
Interested in connecting 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.
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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