Restaurant for Sale in Chennai, India
Fine-dining Chettinad restaurant in Chennai with 88 seats experiencing consistent month-on-month sales growth.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 210 thousand |
| Run Rate Sales | USD 250 thousand |
| EBITDA Margin | 15 % |
| Industries | Restaurants |
| Locations | Chennai |
| Local Time | 4:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
104 thousand
(Native Currency: INR 9,000,000)
Reason: The owners have to shift their focus to the family business of granite exporting.
Includes physical assets worth
USD
58 thousand
Interested to connect with advisors
Documents
GST Certificate
(113.2 KB)
MSME Certificate
(531.0 KB)
Business Overview
- At present, we offer a buffet that includes 38-40 items, featuring mutton biriyani.
- Our staff is well-trained and experienced, as evidenced by our glowing reviews on Google (4.4 with 700+ reviews), Zomato (4.1), and Swiggy (4.3).
- We are selling the business with the full set-up and brand, allowing potential buyers to run the place profitably from day one.
- The owners are shifting their focus to their family business of granite exporting and therefore cannot focus on the restaurant.
- The restaurant has a seating capacity of 76.
- The business has a valid MSME and GST certificate.
- Our staff is well-trained and experienced, as evidenced by our glowing reviews on Google (4.4 with 700+ reviews), Zomato (4.1), and Swiggy (4.3).
- We are selling the business with the full set-up and brand, allowing potential buyers to run the place profitably from day one.
- The owners are shifting their focus to their family business of granite exporting and therefore cannot focus on the restaurant.
- The restaurant has a seating capacity of 76.
- The business has a valid MSME and GST certificate.
Products & Services Overview
- We specialize in Chettinad cuisine, focusing on a buffet at present, which is really popular.- Our clientele ranges from IT professionals during the week to families and college students on the weekends.
Assets Overview
- The entire restaurant set-up includes:- 6-ton Blue Star centralized AC.
- High-quality wooden tables and chairs (76-seating capacity).
- 3 HP exhaust motor with ducting.
- Fresh air cooler for the kitchen with ducting.
- Four Western (Hoshizaki) freezers, including two under-counter freezers.
- Two chest freezers (Blue Star).
- All cutlery and utensils (100+ SS plates, melamine cups and plates, spoons, forks, etc. ).
- All kitchen burner ranges.
- A dosa tawa.
- Dish washing area with sinks and hot water facility.
- RO unit with tank.
- Classy Chettinad-inspired interior.
Facilities Overview
- The restaurant is spacious, with 2800 sq ft of built-up area. It is on the first floor and has a separate entrance and elevator.- The area is very posh, with many well-to-do clients. There is a dearth of non-veg restaurants in this particular area, which serves as a plus point for us.
- The rent is INR 1.8 lakhs for the restaurant. We have signed a 3-year lease with the landlord, who is supportive and more than willing to extend it.
- The new owner can operate from the same location.
Capitalization Overview
- The restaurant is funded through our own funds. There are no loans.- It is a sole proprietorship.
Recent Activity
-
Earlier than 15 daysIndividual, Investor, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Marketing And Branding, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, IT And Software Services, Hyderabad, Individual Investor / Buyer connected with the Business
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