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Restaurant for Sale in Chennai, India

Acquire a well-known restaurant franchise in Chennai with potential to generate 4x sales through promotions.

Established 1-5 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 700 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Chennai
Local Time 8:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 290 thousand (Native Currency: INR 25,000,000)
Reason: The primary partner wants to start a different venture.
Includes physical assets worth USD 234 thousand
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Business Overview
- Franchisee outlet of a famous restaurant chain in Chennai, paying a royalty of 5% to the franchisor monthly.
- The franchisee agreement is valid for 9 years, out of which 4 years are remaining. The agreement can be extended easily.
- Located in the bustling streets of OMR, the restaurant is in a prime, high footfall location.
- Our restaurant is equipped with premium interiors, a modern kitchen, and ample parking space.
- We have a seating capacity of 250.
- Since our franchise is well-reputed in Chennai, we have always enjoyed regular and repeat customers, reflecting a strong and loyal customer base.
- The business has a potential to generate more than INR 2 crore in a month with targeted marketing and event promotion.
- We have an FSSAI and fire safety license.
Products & Services Overview
Renowned for our expansive barbeque buffet, we offer over 150 vegetarian and non-vegetarian delicacies that delight every palate.
Assets Overview
Tangible assets: Furniture and fixtures, kitchen appliances, utensils, service equipment (cash registers, point-of-sale systems), interiors, and artwork.
Intangible assets: Goodwill, FSSAI license and fire safety license.
Facilities Overview
The restaurant is located on the first floor and spans 11,000 sq ft. The monthly rent is INR 7 lakh. The rental agreement is valid for a total of 10 years, with 6 years remaining on the lease.
Capitalization Overview
Our restaurant is entirely funded by the partners using personal capital. There are 2 partners with 60:40 ownership. No outstanding loans.
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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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