Restaurant for Sale in Chennai, India
|Employees||10 - 50|
|Legal Entity||General Partnership|
|Reported Sales||USD 180 thousand|
|Run Rate Sales||USD 440 thousand|
|EBITDA Margin||25 %|
|Local Time||2:59 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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.
Authentic Chinese foods and fine dining services.
Fixed assets - Furniture, AC, projector, laptops & computers, kitchen equipment, interiors.
Intangible assets include the brand, license, and franchises.
Rented 1,000 sq ft with kitchen and dine-in space.
Earlier than 15 daysNon-Executive Director, Customer App (Electronic Payments), Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysManaging Director, Civil Contractors, Chennai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysCEO, Marketing And Branding, Chennai, Individual Investor / Buyer connected with the Business