Restaurant for Sale in Hyderabad, India
Company selling an Airbus 320 airplane which is currently being customized into a restaurant.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | 0 - 10 % |
| Industries | Restaurants |
| Locations | Hyderabad |
| Local Time | 3:48 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
520 thousand
(Native Currency: INR 45,000,000)
Reason: Selling the airplane due to shortage of funds. We are also open to an investment for completing the ...
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Includes physical assets worth
USD
230 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Certificate of Incorporation
(523.7 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- Business was involved in setting up an airplane restaurant and purchased an Airbus 320 plane in an auction from a private aviation company.
- However, the funding required exceeded our expectations and we are in shortage of funds to complete the project.
- Currently, the airbus 320 is being customized for restaurant purpose and the interior furnishings are underway. The customization is done by the same company which did an airplane restaurant in another city.
- Once operations begin, this would be one of its kind restaurant in South India.
- The airplane would have a seating capacity for 70 customers, and the land we plan to take on a lease will have a seating capacity for another 300-400 customers.
- The customization is underway in Bangalore and is expected to be completed in 2 months.
- Buyer will have to further spend on kitchen equipment, and licenses to get the restaurant operational.
- We are also open to an investment for completing the project.
- Business owned assets include the airplane.
- However, the funding required exceeded our expectations and we are in shortage of funds to complete the project.
- Currently, the airbus 320 is being customized for restaurant purpose and the interior furnishings are underway. The customization is done by the same company which did an airplane restaurant in another city.
- Once operations begin, this would be one of its kind restaurant in South India.
- The airplane would have a seating capacity for 70 customers, and the land we plan to take on a lease will have a seating capacity for another 300-400 customers.
- The customization is underway in Bangalore and is expected to be completed in 2 months.
- Buyer will have to further spend on kitchen equipment, and licenses to get the restaurant operational.
- We are also open to an investment for completing the project.
- Business owned assets include the airplane.
Products & Services Overview
Airplane themed restaurant, air lounge, and air bar.
Facilities Overview
The minimum required area is 1 acre to park the airplane, and we are in discussions to take a land on lease with an agreement for 20 years at a prime location in Gachibowli, Hyderabad.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Aviation, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Insurance, Hyderabad, Individual Investor / Buyer connected with the Business
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