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Restaurant for Sale in Chennai, India

For Sale: Non-veg restaurant in Mannivakkam with a seating capacity for 50 pax.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 56 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Chennai
Local Time 2:33 AM 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: The promoter has brought a new plot of land and is need of capital to develop it hence he intends to... View More
Includes physical assets worth USD 1.8 thousand
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Business Overview

- Restaurant serving Indian, Chinese, and Arabian non-vegetarian cuisine.

- Have a seating capacity for 50 customers at a time.

- Have air-conditioned as well as a non-air-conditioned section.

- The air-conditioned section has 5 tables and the non-air-conditioned section has 6 tables.

- Around 20% of our revenue comes from online orders through Swiggy.

- Located in a prime area near an important junction.

- Fully furnished facility with a well-equipped kitchen.

- Have just restarted operations after the lockdown and our revenue has dropped due to lower footfalls.

- We have also reduced the number of employees from 16 to 6 and are now only open during the evenings.

Products & Services Overview

Indian, Chinese, and Arabian non-vegetarian cuisine. We serve chicken, mutton, fish, and prawn.

Assets Overview

Furniture including 50 chairs and 11 tables, kitchen equipment, petrol generator, RO water purifier.

Facilities Overview

2,000 sq. ft. of leased space spread across G+1 floor. The ground floor is not air-conditioned and the first floor is air-conditioned. The monthly rent is INR 20,000.

Capitalization Overview
Not Disclosed
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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