Restaurant for Sale in Kolar, India
Franchise restaurant for sale on Bangalore-Kolar highway for urgent sale; immediate takeover.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 5 thousand |
| Run Rate Sales | USD 63 thousand |
| EBITDA Margin | 40 % |
| Industries | Restaurants |
| Locations | Kolar |
| Local Time | 4:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
23.4 thousand
(Native Currency: INR 2,000,000)
Reason: The owners are located in a different location and find it difficult to manage the business and need...
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Includes physical assets worth
USD
21 thousand
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Business Name
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Documents
FSSAI License
(454.4 KB)
Business Overview
- The business is a branded franchise of a popular biriyani place, offering Nati style non-vegetarian food.
- All food materials are directly delivered from the company, ensuring high quality and taste consistency.
- The restaurant is running as of now.
- The restaurant has both indoor and outdoor seating capacities of 46 and 40 respectively.
- Situated on the Bangalore-Kolar highway, the restaurant benefits from its location with a daily influx of customers. Additionally, it receives bulk orders from a nearby medical college and government office and is located next to a bar and lodge.
- The average product price range is INR 150 - 200, with almost no focus on Swiggy since it is a highway restaurant.
- The business has a 5-year franchise agreement, having paid a one-time brand fee of INR 10 lakh. A royalty of 4% on sales is payable monthly.
- The restaurant is fully compliant with all necessary regulatory licenses including the FSSAI license.
- The business has only been operational since the end of last year, hence there are no reported revenue figures.
- All food materials are directly delivered from the company, ensuring high quality and taste consistency.
- The restaurant is running as of now.
- The restaurant has both indoor and outdoor seating capacities of 46 and 40 respectively.
- Situated on the Bangalore-Kolar highway, the restaurant benefits from its location with a daily influx of customers. Additionally, it receives bulk orders from a nearby medical college and government office and is located next to a bar and lodge.
- The average product price range is INR 150 - 200, with almost no focus on Swiggy since it is a highway restaurant.
- The business has a 5-year franchise agreement, having paid a one-time brand fee of INR 10 lakh. A royalty of 4% on sales is payable monthly.
- The restaurant is fully compliant with all necessary regulatory licenses including the FSSAI license.
- The business has only been operational since the end of last year, hence there are no reported revenue figures.
Products & Services Overview
The restaurant sells Nati-style non-vegetarian food with the highlight being a Nati-style biriyani combo and chicken lollipop.
Assets Overview
Tangible assets include the complete restaurant interiors with furniture and kitchen equipment.Intangibles include the brand of the franchise as a part of the sale.
Facilities Overview
The restaurant is located in a rental property with a rent of INR 55,000 per month.The built-up area is 1,500 sqft (restaurant space) with wide parking.
Capitalization Overview
The business has a single owner with no loans and liabilties. 100% funded by the owner. If anyone owning this franchise may need to pay 3% royalty to franchise/company directly.
Recent Activity
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Earlier than 15 daysAdmin Manager, Healthcare, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Kitchen Equipment Trading, Bangalore, Corporate Investor / Buyer connected with the Business
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·Buy Newly Established Casual Restaurant in Kolar, India
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·Purchase Newly Established Restaurant in Kolar, India
·Buy Newly Established Restaurant in Kolar, India
·Newly Established Fine Dine Restaurant for Sale
·Newly Established Casual Restaurant for Sale
·Newly Established Restaurant for Sale
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