Restaurant for Sale in Chennai, India
For Sale: Well established authentic Chinese restaurant brand with 3 franchises in Chennai.
| Established | 50-60 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 152 thousand |
| Run Rate Sales | USD 380 thousand |
| EBITDA Margin | 25 % |
| Industries | Restaurants |
| Locations | Chennai |
| Local Time | 10:40 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
98 thousand
(Native Currency: INR 9,000,000)
Reason: The owner is shifting abroad and we consider this a fair valuation to close the deal soon as possibl...
View More
Includes physical assets worth
USD
24 thousand
Interested to connect with advisors
Business Overview
- One of the first authentic Chinese restaurants in Chennai.
- Our brand is well-established with over 5 decades of operations.
- We have 1 company-owned outlet and 3 franchisee-owned company-operated outlets in Chennai.
- Company-owned outlet has a seating capacity of 42 pax.
- We get 70% of our sales through food delivery platforms (Swiggy & Zomato) and generate 30% of sales from dine-in orders.
- For franchised outlets, we have a profit-sharing agreement and we receive 65% of the profits and the franchise partner gets 35%.
- Received award for the Best Chinese Cuisine from Times Now.
- Business has 4 partners, with the promoter holding the majority shares (40%) and the rest of the shares are split equally between the other partners.
- Our sales were affected during the pandemic but have recovered with the easing of restrictions.
- There are no debts or liabilities.
- Our brand is well-established with over 5 decades of operations.
- We have 1 company-owned outlet and 3 franchisee-owned company-operated outlets in Chennai.
- Company-owned outlet has a seating capacity of 42 pax.
- We get 70% of our sales through food delivery platforms (Swiggy & Zomato) and generate 30% of sales from dine-in orders.
- For franchised outlets, we have a profit-sharing agreement and we receive 65% of the profits and the franchise partner gets 35%.
- Received award for the Best Chinese Cuisine from Times Now.
- Business has 4 partners, with the promoter holding the majority shares (40%) and the rest of the shares are split equally between the other partners.
- Our sales were affected during the pandemic but have recovered with the easing of restrictions.
- There are no debts or liabilities.
Products & Services Overview
Authentic Chinese foods and fine dining services.
Assets Overview
Fixed assets - Furniture, AC, projector, laptops & computers, kitchen equipment, interiors.Intangible assets include the brand, license, and franchises.
Facilities Overview
Rented 1,000 sq ft with kitchen and dine-in space.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPurchase Manager, Adhesives & Coatings Manufacturer, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysArea Sales Manager, Food And Beverage, Kannur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysNon-Executive Director, Customer App (Electronic Payments), Bengaluru, Individual Investor / Buyer connected with the Business
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