Restaurant for Sale in Candolim, India
Restaurant and Bar established in Candolim, Goa with diverse cuisines and event hosting.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 205 thousand |
| Run Rate Sales | USD 170 thousand |
| EBITDA Margin | 40 % |
| Industries | Restaurants |
| Locations | Candolim |
| Local Time | 8:07 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
640 thousand
(Native Currency: INR 55,000,000)
Reason: The owner is moving to another country.
Includes physical assets worth
USD
640 thousand
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Business Overview
- The business is a well-established restaurant and bar located in Candolim, Goa, catering to both local and tourist clientele.
- Variety of cuisines including North Indian, Continental, Chinese and Goan is served.
- It offers a range of products and services including a bar, restaurant, drinks, cocktail parties, and corporate events.
- The business caters to an average of 15-20 tables daily and has the capacity to host parties and corporate events as well.
- The sale includes the total land as the owner has a tie-up with the landlord who wishes to sell it, providing added value.
- The business has a strong online presence with a 4.4 Google review rating and over 16,000 followers on Instagram, indicating a loyal customer base.
- The pricing for products and services ranges from INR 100-400, offering a diverse range of options for customers.
- With both outdoor and indoor seating options, the business provides a versatile and appealing environment for patrons.
- It has the necessary FSSAI license to operate, ensuring compliance with food safety and quality standards.
- Despite the off-season average run rate sales given for this year, the business projects an increase in revenue, with the total revenue expected to be similar to the previous year's performance.
- Variety of cuisines including North Indian, Continental, Chinese and Goan is served.
- It offers a range of products and services including a bar, restaurant, drinks, cocktail parties, and corporate events.
- The business caters to an average of 15-20 tables daily and has the capacity to host parties and corporate events as well.
- The sale includes the total land as the owner has a tie-up with the landlord who wishes to sell it, providing added value.
- The business has a strong online presence with a 4.4 Google review rating and over 16,000 followers on Instagram, indicating a loyal customer base.
- The pricing for products and services ranges from INR 100-400, offering a diverse range of options for customers.
- With both outdoor and indoor seating options, the business provides a versatile and appealing environment for patrons.
- It has the necessary FSSAI license to operate, ensuring compliance with food safety and quality standards.
- Despite the off-season average run rate sales given for this year, the business projects an increase in revenue, with the total revenue expected to be similar to the previous year's performance.
Products & Services Overview
- Serves a variety of cuisines including North Indian, Continental, Chinese, and Goan.- Includes both veg and non-veg options.
- Offers a range of products and services including a bar, restaurant, drinks, cocktail parties, and corporate events.
Assets Overview
The tangible assets included as a part of this sale are the complete furniture, fixtures and kitchen equipment in the restaurant that is owned by the business which is around INR 15 Lakhs.It also includes the property in which the restaurant is situated that is owned by the landlord who is separate from the business.
Facilities Overview
The restaurant has 2 floors of a 4,000 sqft area in a sundowner location at Candolim, Goa.
Capitalization Overview
The business is run by a sole proprietor with 100% ownership.There are no loans and liabilities under the business.
Recent Activity
-
Earlier than 15 daysDirector, Consultancy, Belagavi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Raipur, Business Broker connected with the Business
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Earlier than 15 daysDirector, Oil & Gas, Delhi, Individual Investor / Buyer connected with the Business
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·Newly Established Casual Restaurant for Sale
·Newly Established Restaurant for Sale
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