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Restaurant for Sale in Chennai, India

For Sale: Multi-cuisine restaurant serving Biryani, North Indian, Chinese & Tandoori items.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 194 thousand
Run Rate Sales USD 178 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Chennai
Local Time 1:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 51 thousand (Native Currency: INR 4,500,000)
Reason: Promoter wants to look after his other business.
Includes physical assets worth USD 51 thousand
Interested to connect with advisors
Documents
Sale Proposal
Food License
Business Overview
- We are a multi cuisine restaurant that specializes in Biryani.
- Also serve North Indian, Chinese and Tandoori cuisine.
- Customers who visit us are usually from the IT Hub in OMR and we have a few corporate tie ups which helps in generating business.
- Have a total seating capacity of 75 pax and receive around 40 customers per day.
- We have tie ups with third party food portals like Zomato, Swiggy and Foodpanda.
Products & Services Overview
Biryani, North Indian, Chinese, Barbeque & Tandoori.
Facilities Overview
Rented property of 2,400 Sq Ft. Total rent is Rs 1.2 Lakhs / Month. Valet parking space is available. Restaurant is on the ground floor and there is space for 2 wheeler parking. First floor is covered and utilized by staff members and to store groceries and packaging materials.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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