Restaurant for Sale in Bangalore, India
For Sale: Biriyani franchise close to a tech park with seating capacity of 30 pax.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 111 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Bengaluru |
| Local Time | 11:39 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
58 thousand
(Native Currency: INR 5,000,000)
Reason: The promoter cannot focus on running the business due to a domestic commitment.
Includes physical assets worth
USD
41 thousand
Interested to connect with advisors
Documents
GST Certificate
(108.6 KB)
ROC-Verification.pdf
(60.8 KB)
Business Overview
- Franchise restaurant of a popular biryani brand.
- About 80% of our revenue comes from walk-in customers and the remaining orders come through Swiggy and Zomato.
- The restaurant is located in a well known commercial area right next to a tech park where over 70,000 people work.
- The franchise agreement can be renewed every 5 years for a nominal fee and it is to be renewed next in 2024.
- The parent brand does not charge a royalty but we are obligated to buy the biryani masala and the kabab masala from them.
- Physical assets owned by the business include kitchen equipment and furniture.
- The buyer will get the operational business, all the physical assets, and the franchise agreement.
- Sale price also includes the building deposit and the buyer will not have to pay an additional amount to continue using the premises.
- About 80% of our revenue comes from walk-in customers and the remaining orders come through Swiggy and Zomato.
- The restaurant is located in a well known commercial area right next to a tech park where over 70,000 people work.
- The franchise agreement can be renewed every 5 years for a nominal fee and it is to be renewed next in 2024.
- The parent brand does not charge a royalty but we are obligated to buy the biryani masala and the kabab masala from them.
- Physical assets owned by the business include kitchen equipment and furniture.
- The buyer will get the operational business, all the physical assets, and the franchise agreement.
- Sale price also includes the building deposit and the buyer will not have to pay an additional amount to continue using the premises.
Products & Services Overview
We serve authentic nati style cuisine (biriyanis and kebabs)
Assets Overview
The buyer will get the entire assets such as furniture for 30 customers, kitchen equipment and utensils. It also include building advances and franchise fee.
Facilities Overview
Rented ground floor premises of 950 sq. ft. Monthly rent of INR 55,000 and maintenance fee of INR 2000/ month. The facility has a 24hr power and water supply and has a security guard and a CCTV surveillance system.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Retail, Food & Beverages, Technology, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Technology, Kolkata, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAdvisor, Newspaper Agency, New Delhi, Individual Investor / Buyer connected with the Business
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