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Restaurant for Sale in Hiriyur, India

Selling a restaurant in Hiriyur, offering North Indian cuisine, with 40-50 daily customers.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 240 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Hiriyur
Local Time 8:21 PM Asia / Kolkata
Listed By Management Member
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: INR 25,000,000)
Reason: The owners have some financial requirements and are hence looking to sell the business.
Includes physical assets worth USD 300 thousand
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Business Name
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Business Overview
1. The restaurant is located in Hiriyur and primarily offers North Indian cuisine, with a focus on both vegetarian and non-vegetarian options.
2. With an average daily footfall of 40-50 customers, the restaurant has established a steady customer base.
3. The business is situated on a Mumbai highway and relies solely on offline sales channels for revenue generation.
4. The restaurant currently employs 12 individuals, contributing to its operational capacity.
5. The business has experienced a decline in sales attributed to the owners' inability to dedicate sufficient time to its management.
6. The owner is seeking to sell the restaurant in its entirety, presenting an opportunity for potential investors or entrepreneurs looking to enter the restaurant industry.
7. Given the popularity of North Indian cuisine, the restaurant's primary selling point lies in its menu offerings, catering to a diverse customer base.
8. The strategic location on a Mumbai highway presents potential for increased sales and growth with effective management and marketing efforts.
9. We have all the required certificates.
Products & Services Overview
North Indian food is the best selling cuisine at the restaurant.
Assets Overview
Tangible assets include-: The restaurant and the equipment that comes along with the restaurant.
Facilities Overview
Beautiful restaurant with a good and ambient garden. It is a 20,000 square feet rented facility.
Capitalization Overview
The owners hold 100% of the company, there is only one owner and there are some loans on the business which will be paid off.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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