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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 180 thousand
Run Rate Sales USD 440 thousand
EBITDA Margin 25 %
Industries Restaurants
Locations  Chennai
Local Time 2:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 110 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 28 thousand
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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.

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.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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