Restaurant for Sale in Erode, India
Restaurant offering Chettinad cuisine with 110 seating capacity and 70+ daily orders for full sale.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | USD 270 thousand |
| Run Rate Sales | USD 270 thousand |
| EBITDA Margin | 18 % |
| Industries | Restaurants |
| Locations | Erode |
| Local Time | 3:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
85 thousand
(Native Currency: INR 7,500,000)
Reason: The business partners are unable to manage the business due to other commitments.
Includes physical assets worth
USD
85 thousand
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Business Name
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Business Overview
- Business type: Full-service restaurant in Erode offering Indian, Chinese, and Chettinad cuisine with dine-in, takeaway, and POS/food-ordering operations.
- Location & visibility: Located in a high footfall area suitable for local restaurants and casual dining.
- Premises & capacity: Rented 5,000 sqft built-up space with 3,000 sqft parking, seating capacity 110 covers (sofas/tables), 6 staff rooms, operation hours are from 11 am to 11 pm.
- Team & operations: The business has 20 dedicated employees (head chef, 4 masters, captains, service staff, cashier, helpers, security), turnkey handover enables immediate restaurant operations and kitchen management. The business is listed on Swiggy, Zomato as well.
- Assets & equipment: Sale includes modern kitchen equipment, generator, water tank, CCTV, top-quality interiors, 7 Mitsubishi ACs, 5 air coolers, POS system, signage, and hence reduces capex for buyer.
- Location & visibility: Located in a high footfall area suitable for local restaurants and casual dining.
- Premises & capacity: Rented 5,000 sqft built-up space with 3,000 sqft parking, seating capacity 110 covers (sofas/tables), 6 staff rooms, operation hours are from 11 am to 11 pm.
- Team & operations: The business has 20 dedicated employees (head chef, 4 masters, captains, service staff, cashier, helpers, security), turnkey handover enables immediate restaurant operations and kitchen management. The business is listed on Swiggy, Zomato as well.
- Assets & equipment: Sale includes modern kitchen equipment, generator, water tank, CCTV, top-quality interiors, 7 Mitsubishi ACs, 5 air coolers, POS system, signage, and hence reduces capex for buyer.
Products & Services Overview
We offer Indian, Chinese, Chettinad cuisine.The top selling item is chicken biryani.
We have around 70+ daily orders.
Assets Overview
Tangible assets:Modern kitchen equipment, 110 chairs, sofas and tables, generator, water supply and tank, modern CCTV, top quality interiors, 7 Mitsubishi ACs, 5 air coolers, POS system and signage.
Intangible assets:
GST Registration and FSSAI License.
Facilities Overview
The business is operating from a rented facility with an built-up area of 5,000 sqft with additional 3,000 sqft area available for parking. There are 6 staff rooms in total.The rent is INR 2.5 lakh/month with 8 years lease tenure remaining and INR 15 lakh is the refundable advance amount.
The business also has staff quarters which can accommodate 20 people. These quarters are also included in the transaction.
Capitalization Overview
The business has been self-funded by the partners so far and has no loans or debt. The business has 4 partners in total with 25% stake each.
Recent Activity
-
4 days, 5 hours agoHedger, Wealth Management Services, Chennai, Individual Investor / Buyer connected with the Business
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