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Restaurant for Sale in Chennai, India

For Sale: 19 year old vegetarian restaurant generating an average revenue of INR 15,000 daily.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 62 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Chennai
Local Time 7:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 35 thousand (Native Currency: INR 3,000,000)
Reason: This is 98% cash business. Promoter only wants to sell the business due to the retirement (age and i... View More
Includes physical assets worth USD 10.4 thousand
Interested to connect with advisors
Business Overview
- The restaurant operates with 5 full-time employees and generates an average daily billing of INR 10,000.
- There are 4 tables and 16 chairs and 4 tables with a maximum seating capacity of 16 people at one time.
- We are listed on Zomato and Dunzo, and currently receive an average of 22 daily orders.
- However, most of the revenue we receive is from the dine-in section.
- Before the lockdown, we used to provide services for outdoor catering services and generated a revenue of INR 48,000 from these operations per month.
- 9 experienced workers are working with us.
- The restaurant was operating with average billing of INR 15,000 daily from the dine-in segment daily before the COVID-19 which has now dropped to INR 14,500.
- Physical assets include business, furniture, and kitchen equipment.
- The buyer will get the full-fledged running business, physical assets, rental agreement along with the accounts with Dunzo and Zomato.
Products & Services Overview
Pure veg south Indian cuisine including breakfast, meals, variety of rice items and evening tiffin.
Assets Overview
All hotel equipments & furniture & advance.
Facilities Overview
600 sq. ft. built-up area which can accommodate 16 customers at a time. The monthly rental is INR 12,000 and the deposit for the place is INR 2,00,000 which is to be renewed every two years. The place is well connected to water supply and drainage systems.
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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