Restaurant for Sale in Chennai, India
Continental bistro for sale with flexible pricing, serving 35–40 daily walk-in customers.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 135 thousand |
| Run Rate Sales | USD 150 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants |
| Locations | Chennai |
| Local Time | 2:23 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
45 thousand
(Native Currency: INR 4,000,000)
Reason: The company is going to focus in a different verticle and hence selling off this business model.
Includes physical assets worth
USD
45 thousand
Interested to connect with advisors
Documents
GST Certificate
(154.8 KB)
Food Served 1
(69.2 KB)
Food Served 2
(86.0 KB)
Floor
(61.7 KB)
Exterior View
(85.6 KB)
Gas Bill
(174.1 KB)
Business Overview
- Located in the bustling IT corridor of OMR, Thoraipakkam, Chennai, this renowned bistro is strategically situated opposite a major tech company, Cognizant, ensuring high foot traffic.
- The restaurant specializes in a diverse range of continental cuisine, prominently featuring Italian dishes such as pizzas, pastas, steaks, risottos, and various baked options to cater to a wide audience.
- With a cozy and contemporary decor, the bistro offers a warm and inviting atmosphere, ideal for both casual dining and corporate gatherings.
- The eatery attracts 35 to 40 walk-in customers daily, along with corporate groups, indicating a steady stream of clientele and strong market demand.
- Fully equipped with all necessary licenses and permits, including a valid FSSAI certificate, the restaurant is poised for smooth and compliant operations.
- Operating hours are from 11 am to 11 pm, allowing for flexibility and maximizing customer reach throughout the day.
- The restaurant specializes in a diverse range of continental cuisine, prominently featuring Italian dishes such as pizzas, pastas, steaks, risottos, and various baked options to cater to a wide audience.
- With a cozy and contemporary decor, the bistro offers a warm and inviting atmosphere, ideal for both casual dining and corporate gatherings.
- The eatery attracts 35 to 40 walk-in customers daily, along with corporate groups, indicating a steady stream of clientele and strong market demand.
- Fully equipped with all necessary licenses and permits, including a valid FSSAI certificate, the restaurant is poised for smooth and compliant operations.
- Operating hours are from 11 am to 11 pm, allowing for flexibility and maximizing customer reach throughout the day.
Products & Services Overview
Cuisine focus: Primarily Italian, offering a variety of pizzas, pastas, steaks, risottos, and baked dishes.Ambience: Features contemporary, cozy décor with a warm and inviting atmosphere.
Best-selling items: Include signature Italian dishes such as handcrafted pizzas, creamy pastas, and flavorful risottos.
Assets Overview
The tangible assets include.- Complete kitchen setup includes deep freezers (multiple units), an exhaust machine, 2 refrigerators, SS tables, a grill counter, and a microwave oven range worth INR 12 lakhs.
Restaurant:
- 45 pax seating with sofa cabana, cushioned wooden chairs, Italian marble tables, mirror wall panelling, wooden wall, 3 cassette ACs (6 tons), reception counter, dessert display station, service functional counter, and coffee machine, cumulative at INR 48 lakh.
These assets are worth INR 55 lakh and are being offered at a discounted price of INR 40 lakh.
Intangible assets include GST and FSSAI registration.
Facilities Overview
We operate from a 1,500 sq. ft. space located on the 2nd floor of a 4-story building, with a monthly rent of ₹90,000.Rental advance to be paid separately to the landlord.
Capitalization Overview
The restaurant is jointly owned by two partners, fully funded by them, with no outstanding loans or debts.
Recent Activity
-
Earlier than 15 daysDirector, Ecommerce, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Fashion Retail, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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