Restaurant for Sale in Indore, India
One of the oldest historic rooftop restaurants in Indore with steady revenue stream from events.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 42 thousand |
| Run Rate Sales | USD 42 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Restaurants |
| Locations | Indore |
| Local Time | 1:24 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
10.4 thousand
(Native Currency: INR 900,000)
Reason: The owner wants to sell the business due to mismanagement and staff exploitation.
Includes physical assets worth
USD
9.2 thousand
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Business Overview
- Restaurant located in Indore with a rich history as one of the oldest rooftop restaurants in the area.
- The establishment boasts a rooftop setting with a banquet hall, offering a great view and a pleasant setting, catering to the preferences of the youth and student population in the vicinity.
- The business has a seating capacity of 50 on each of its two floors, allowing for large gatherings.
- Events comprise the majority of its revenue stream, with an average of 1-2 events per week contributing significantly to the overall income.
- The proximity of colleges and hostels in the area presents an opportunity for a consistent customer base, with the potential for collaborations and partnerships with educational institutions.
- The business has a steady stream of revenue from daily orders, amounting to INR 3,000-4,000 from dine-ins and online platforms such as Zomato.
- Has all essential licenses including FSSAI and GST.
- The establishment boasts a rooftop setting with a banquet hall, offering a great view and a pleasant setting, catering to the preferences of the youth and student population in the vicinity.
- The business has a seating capacity of 50 on each of its two floors, allowing for large gatherings.
- Events comprise the majority of its revenue stream, with an average of 1-2 events per week contributing significantly to the overall income.
- The proximity of colleges and hostels in the area presents an opportunity for a consistent customer base, with the potential for collaborations and partnerships with educational institutions.
- The business has a steady stream of revenue from daily orders, amounting to INR 3,000-4,000 from dine-ins and online platforms such as Zomato.
- Has all essential licenses including FSSAI and GST.
Products & Services Overview
Cuisines served - Continental, Chinese, Italian, beverages, snacks.Top selling are Italian food and cold beverages.
Majority of revenue is from event hosting.
Sold through dine-ins and Zomato.
Assets Overview
Whole setup including kitchen equipment, crockery, furniture and fixtures.
Facilities Overview
Operating from a 2 floor facility, rooftop is a cafe and restaurant below which is the banquet.Rent is INR 70k/month.
Location is Vijay Nagar, Indore.
Capitalization Overview
Self-funded.No outstanding loans.
Sole proprietorship business.
Recent Activity
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Earlier than 15 daysQuality Manager, Medical Equipment Manufacturer, Troy, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Restaurant, Red Deer, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Real Estate Development, Indore, Individual Investor / Buyer connected with the Business
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