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Restaurant for Sale in Canacona, India

Non-operational high-end Italian restaurant with imported setup and licenses, offered for sale as turnkey opportunity.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Canacona
Local Time 10:20 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 160 thousand (Native Currency: INR 14,500,000)
Reason: Following the recent passing of our promoter, we are seeking an interested buyer to take over the bu... View More
Includes physical assets worth USD 160 thousand
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Business Overview
• Operated a high-end Italian restaurant specializing in sourdough bread and artisanal pizzas.
• Offered both vegetarian and non-vegetarian menus with premium dine-in experience.
• Held excise permission to serve beer, enhancing average ticket size and customer appeal.
• Previously recorded strong footfall with average daily walk-ins of 150–200 customers.
• Featured imported kitchen machinery and curated antique furniture.
• Designed with a seating capacity of approximately 50–70 covers.
• Recently initiated online sales channels to complement dine-in operations.
• Business has been non-operational for the past three months following the unfortunate passing of the promoter.
• Operations were paused despite demand due to absence of active management.
• Holds valid FSSAI license, supporting regulatory compliance.
• Well-suited for immediate relaunch as a turnkey fine-dining or premium casual concept.
Products & Services Overview
Sourdough breads, pizzas, and curated beverages served to urban diners seeking a premium European dining experience.
Assets Overview
Tangible assets:
- Oven woodstone (imported) - INR 50 lakh.
- Blow jet oven (imported) - INR 20 lakh.
- Grillers, mixers, refrigerators and other kitchen equipment - INR 40 lakh.
- Furniture, fixtures and interiors.
Facilities Overview
Rent - INR 3 lakh per year.
Seating capacity - 50 to 70 pax.
Area - 750 sq m.
Located near beach with high footfall.
Buyer can continue operations here.
Capitalization Overview
- Has no loans.
- Sole owner business.
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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