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Restaurant for Sale in Bangalore, India

For sale: Family restaurant with glowing online reviews having 2 branches in Mandya and Bangalore.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 346 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Bangalore
Local Time 4:57 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 98 thousand (Native Currency: INR 8,500,000)
Reason: The owner wishes to focus on their job in the USA and they wish to sell both branches of their resta... View More
Includes physical assets worth USD 81 thousand
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Business Name
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Documents
GST Certificate
Food License
Business Overview
- We have two restaurants under our brand name in Bangalore and Mandya offering the same delicacies.
- We serve both veg and non-veg delicacies.
- The one in Mandya is a three-year-old restaurant that has top-notch reviews.
- Our restaurant in Bangalore is just three months old.
- We receive around 200+ walk-ins on a daily basis in Mandya and in Bangalore we receive around 25+ footfall in a day.
- We have tied up with online food delivery platforms.
- Our sales per day in Mandya come to about INR 70,000 per day, with major percentage revenue of about 60% offline and the rest 40% online.
- Since our restaurant in Bangalore is quite new, we make sales of about INR 25,000 per day, and 90% of our sales are offline and the remaining 10% online.
- We have a seating capacity of 120 in Mandya and 68 in Bangalore.
- Our restaurant is the top most-rated restaurant in Mandya.
Products & Services Overview
- Chinese.
- South Indian.
- North Indian.
- Mocktail.
- Fresh juices and many more.
Assets Overview
- Interiors of both restaurants.
- kitchen equipment of the restaurants.
- Deposit to be paid to the land owner.
Facilities Overview
- Our restaurant in Mandya is 5,000 sq ft. and it is opposite the govt boys college on a connecting road.
- We have rented 2 floors in Mandya and we are paying a rent of INR 1,04,000.
- Our restaurant in Bangalore is 2,500 sq ft. occupying the first floor near Jayanti nagar signal.
- We pay a rent of INR 1 lakh for this place.
Capitalization Overview
- This is a family business and all the shareholding is within the family itself.
- No loans have been taken by the business and it is running in good condition.
Recent Activity
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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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