Restaurant for Sale in Chennai, India
24-year restaurant with exclusive recipes, unique dishes and strong customer loyalty in Chennai, for sale.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 78 thousand |
| Run Rate Sales | USD 88 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Chennai |
| Local Time | 7:22 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
177 thousand
(Native Currency: INR 17,000,000)
Reason: - The partners plan to retire and hand over the business while it’s performing well.
- We believe t...
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Includes physical assets worth
USD
5.2 thousand
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Business Name
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Business Overview
- Business is a popular fusion continental restaurant located in Chennai, thriving for 24 years, with a reputation for sizzlers, steaks, pastas, and desserts.
- The menu is creatively crafted in-house, featuring unique dishes of steak and of mushroom & Corn, making it difficult for others to replicate.
- Business caters to an up-market crowd, with a typical bill averaging around INR 1800 for two people, providing a casual yet upscale dining experience.
- With a seating capacity of 54 pax and 15 tables, we primarily focus on dine-in customers but also offer delivery options through aggregators like Zomato and Swiggy.
- The average daily orders range from 20 to 25 on weekdays and peak at 35 to 50 during weekends, showcasing our strong demand.
- The revenue model boasts a healthy 66% gross margin, with around 80% of our customers being walk-ins and 15% ordering online.
- Awarded as the Best Sizzler Restaurant in Chennai 10 years ago, we have been featured in renowned publications like India Today and Outlook, gaining significant recognition.
- While we previously had a presence in Bengaluru and Coimbatore, we are currently focused on our operations in Chennai, ensuring quality and consistency.
- The menu is creatively crafted in-house, featuring unique dishes of steak and of mushroom & Corn, making it difficult for others to replicate.
- Business caters to an up-market crowd, with a typical bill averaging around INR 1800 for two people, providing a casual yet upscale dining experience.
- With a seating capacity of 54 pax and 15 tables, we primarily focus on dine-in customers but also offer delivery options through aggregators like Zomato and Swiggy.
- The average daily orders range from 20 to 25 on weekdays and peak at 35 to 50 during weekends, showcasing our strong demand.
- The revenue model boasts a healthy 66% gross margin, with around 80% of our customers being walk-ins and 15% ordering online.
- Awarded as the Best Sizzler Restaurant in Chennai 10 years ago, we have been featured in renowned publications like India Today and Outlook, gaining significant recognition.
- While we previously had a presence in Bengaluru and Coimbatore, we are currently focused on our operations in Chennai, ensuring quality and consistency.
Products & Services Overview
Most of our dishes are created and named in-house, with Steak, Mushroom & Corn, and Chicken being among our best sellers. We’re a fusion continental restaurant specializing in sizzlers, steaks, pasta, and desserts. Our primary clientele is an upmarket crowd looking for a casual yet upscale dining experience, with most guests walking in and a smaller portion ordering online.
Assets Overview
Tangible Assets:- Furniture: 15 tables, @60 chairs.
- Freezers: 3.
- Fridges: 3.
- Air conditioners: 5 (Capacity about 10 tonnes)
- Kitchen burners-4, Larger Burners - 3, Sizzlers Burner-1.
- Kitchen Exhaust with 3 HP Motor.
- Salamander - 1.
- Microwave Oven - 1.
Intangible assets:
- FSSAI license,
- GST certification,
- Health license,
- Catering license,
- Fire license,
- Social media handles,
- Brand name,
- Trademark (expired)
Facilities Overview
The built-up area is 1,600 sq. ft. , accommodating 54 covers for fine dining on the ground floor, with a rental outflow of Rs 80,000 per month. The lease expires in December this year.
Capitalization Overview
The business is entirely self-funded, with no debts, and the two partners are the sole shareholders.
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