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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 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Chennai
Local Time 12:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 23 thousand (Native Currency: INR 1,800,000)
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 12 thousand
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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.

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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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