Restaurant for Sale in Bengaluru, India
Business featuring an Andhra cuisine restaurant alongside a party hall is seeking a complete sale.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 8 thousand |
| Run Rate Sales | USD 100 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Bengaluru |
| Local Time | 11:04 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
33 thousand
(Native Currency: INR 3,000,000)
Reason: The owner is looking to sell the business due to plans to relocate out of state.
Includes physical assets worth
USD
33 thousand
Interested to connect with advisors
Documents
Registration Certificate
(124.4 KB)
Business Overview
- The business operates a multi-cuisine restaurant in Bangalore, specializing in authentic Andhra cuisine with a small offering of Chinese dishes and Indian dishes, catering to both non-vegetarian and vegetarian preferences.
- Ground floor setup includes seating for 40 guests, with potential for expansion.
- Generates around 10% of its sales through online platforms such as Zomato and Swiggy.
- Additionally, the first floor of the property is utilized as a party hall, accommodating up to 150 people for various events and gatherings.
- During three specific months each year, characterized as peak event periods for event gatherings, the business experiences heightened activity, resulting in monthly revenues ranging from INR 3-5 lakh.
- The restaurant is a registered establishment and holds a valid FSSAI license.
- Ground floor setup includes seating for 40 guests, with potential for expansion.
- Generates around 10% of its sales through online platforms such as Zomato and Swiggy.
- Additionally, the first floor of the property is utilized as a party hall, accommodating up to 150 people for various events and gatherings.
- During three specific months each year, characterized as peak event periods for event gatherings, the business experiences heightened activity, resulting in monthly revenues ranging from INR 3-5 lakh.
- The restaurant is a registered establishment and holds a valid FSSAI license.
Products & Services Overview
Restaurant's top-selling products prominently feature chicken dishes.
Assets Overview
The collective worth of all these physical assets, including a chest freezer, visi cooler, air conditioner, industrial exhaust fans, tables & chairs, glass doors, mixer grinder, burner stoves, computer, music system, billing machine, kitchen racks, and storage racks, amounts to INR 30 lakh.
Facilities Overview
The business operates across two floors of a rented property spanning over 5000 sq ft in Bangalore, with a monthly rent of INR 75,000.
Capitalization Overview
It is a self-funded sole proprietorship with some minor loans, which the owner will settle. There are no shareholders involved.
Recent Activity
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Earlier than 15 daysFounder And CEO, IT, Bengaluru, Corporate Investor / Buyer connected with the Business
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