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Restaurant for Sale in Chennai, India

For sale: Causal rooftop dine-in restaurant in the midst of the city overlooking Chennai airport.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 103 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Chennai
Local Time 8:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: INR 3,500,000)
Reason: Due to the relocation of 4 out of 5 partners abroad for professional career advancements, the restau... View More
Includes physical assets worth USD 40 thousand
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Business Overview
- Established 4 years ago, this successful rooftop restaurant in Chennai has quickly gained popularity for its delightful Continental and Asian cuisine, boasting a high Google rating of 4.5.
- Positioned in a prime location with a breathtaking view of Chennai airport, this restaurant offers an exceptional dining experience with its relaxing ambiance and diverse menu.
- With a seating capacity of 50, the restaurant accommodates roughly 50 guests daily, showcasing its ongoing demand and customer loyalty in Chennai's vibrant dining scene.
- Renowned for its continental pizzas and delicious Asian offerings, the restaurant caters effortlessly to both veg and non-veg preferences, ensuring wide customer appeal.
- The restaurant operates with a proficient and efficient team of 10 employees, ensuring attentive service and smooth operations.
- It holds a valid FSSAI license, assuring customers of its strict adherence to safety and health guidelines.
- This well-rated establishment is an ideal investment opportunity for investors seeking an established and successful venture in Chennai's bustling restaurant sector.
Products & Services Overview
The restaurant is renowned for its delightful assortment of Continental and Asian cuisine, with pizzas being the standout crowd favorite.
Assets Overview
The tangible assets include:
- Pure wood and metal furniture for 50 people.
- Fully functional floor setup with washroom.
- Fully functional kitchen setup with all equipment.
- Complete crockery and utensils.
The entire setup is ready for immediate use and is in running condition. An investment of approximately INR 55 lakhs has been made, inclusive of the setup, interior, machinery, and crockery. The total value of the assets is INR 55 lakhs, but the others wish to sell it at a discounted valuation of INR 40 lakhs.
Facilities Overview
The restaurant operates from a 1,700 sq. ft. rented area, including a 600 sq. ft. fully equipped kitchen space.
Capitalization Overview
The business is owned by a group of 5 partners, each holding an equal 20% share. There are no outstanding loans or debts, and the business has been fully funded by the shareholders.
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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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