↩ Go Back
Need help?

Restaurant for Sale in Bangalore, India

For Sale: Multicuisine fine dining AC restaurant with 5,700 sq ft area and 200+ seats.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 500 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Bangalore
Local Time 10:27 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 140 thousand (Native Currency: INR 12,000,000)
Reason: Due to Covid lockdown, the business was closed. We are unable to invest money to restart operations.
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
Documents
Business Overview

- Multicuisine restaurant that serves cuisines such as Indian, Continental, Italian, Chinese, Asian, tandoor items.

- We offer veg and non-veg food along with buffet options.

- Facility can accommodate more than 200 customers.

- We used to receive 150-200 walk-ins per day at the time when we were operational.

- Business has 4.4-star ratings on Zomato and Google reviews.

- Location of the restaurant is packed with IT companies, corporates and apartments.

- Operations were stopped at the beginning of the pandemic. Sales report and GST invoices are available till Covid lockdown.

Products & Services Overview

We serve Indian, Continental, Italian, Asian, Chinese, grill and tandoors, desserts.

Assets Overview

2 heavy AC units, brand trademark, 200+ chairs and tables, office items, computers, printers, billing counters, all kitchen equipment for all cuisines (Indian, Continental, Italian, Asian, grilling and tandoors, desserts, Chinese), kitchen cooking items, double doors & triple doors refrigerators, storage fridges, working tables, live grill station and kitchen, tandoor section, chimney for 5 sections with chimney motors and fresh air ventilation for the entire kitchen, all cutlery sets, dining area service items to accommodate 400 customers during lunch/dinner.

Facilities Overview

- Leased 5,700 sq ft area on the 3rd floor. Lease agreement is registered for 10 years.

- Restaurant has a storeroom, kitchen, dining area, separate washing area, dishwasher area.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more