Restaurant for Sale in Miri, Malaysia
Authentic North Indian restaurant serving local diners through dine-in, takeaway, and delivery with loyal patronage.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 108 thousand |
| Run Rate Sales | USD 88 thousand |
| EBITDA Margin | 30 % |
| Industries | Restaurants |
| Locations | Miri |
| Local Time | 1:22 PM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
19.6 thousand
(Native Currency: MYR 80,000)
Reason: The owner is moving to KL for their son's health treatment and enrollment in a school for special ne...
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Includes physical assets worth
USD
17 thousand
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Business Overview
- Business is an established North Indian restaurant in Miri, Sarawak, offering a unique dining experience without any competition around.
- The menu boasts tasty dishes like Pani Puri, Samosa, Chicken Tikka Masala, Butter Chicken, Palak Paneer, and Cheese Naan, giving you a taste of real North Indian cuisine.
- Restaurant has a dedicated team of six employees focused on providing excellent service and maintaining food quality.
- The loyal customers keep coming back, thanks to our strong reputation that spreads by word of mouth.
- We enjoy a complete monopoly in the area, ensuring a consistent flow of diners.
- The revenue mostly comes from dine-in, with 95% from takeout services and online delivery, catering to the growing demand for authentic dining experiences.
- Average operating cost is MYR 18,800 to MYR 19,200, per month including the salaries, rent, electricity and the raw materials cost.
- With a seating capacity of 52 and an average daily intake of around 30 to 35, this is a ready-to-go business opportunity.
- The prices have been reduced, which has led to a decrease in revenue. We noticed in the localities, food intake quantity was lower, resulting in wasted food. The quantity served also decreased along with the food price, causing revenue to drop compared to the previous year.
- The menu boasts tasty dishes like Pani Puri, Samosa, Chicken Tikka Masala, Butter Chicken, Palak Paneer, and Cheese Naan, giving you a taste of real North Indian cuisine.
- Restaurant has a dedicated team of six employees focused on providing excellent service and maintaining food quality.
- The loyal customers keep coming back, thanks to our strong reputation that spreads by word of mouth.
- We enjoy a complete monopoly in the area, ensuring a consistent flow of diners.
- The revenue mostly comes from dine-in, with 95% from takeout services and online delivery, catering to the growing demand for authentic dining experiences.
- Average operating cost is MYR 18,800 to MYR 19,200, per month including the salaries, rent, electricity and the raw materials cost.
- With a seating capacity of 52 and an average daily intake of around 30 to 35, this is a ready-to-go business opportunity.
- The prices have been reduced, which has led to a decrease in revenue. We noticed in the localities, food intake quantity was lower, resulting in wasted food. The quantity served also decreased along with the food price, causing revenue to drop compared to the previous year.
Products & Services Overview
The business operates a North Indian restaurant in Miri, Sarawak, offering authentic dishes such as Pani Puri, Samosa, Chicken Tikka Masala, Butter Chicken, Palak Paneer, and Cheese Naan. Its primary customers are local residents and returning patrons who seek authentic North Indian cuisine, with services provided through dine-in, takeaway, and online delivery channels.
Assets Overview
- Tangible assets:The entire setup includes all furniture, aircons, counter, dual screen POS, complete kitchen setup, the kitchen exhaust itself costs RM10k+, includes all cutleries and cookware.
(The mural artwork, along with the Bollywood posters and frames, are personal assets added to the restaurant and therefore not included in the sale)
- Intangible assets:
The sale does not include licenses; and can discuss the price for the licenses separately with interested buyers. (The license available are occupational permit, AP Kota- for hiring foreign workers, council license, Bomba license)
Facilities Overview
The monthly rent is MYR 2,800 for a 1,319 sq. ft space, with a three-month deposit required.The lease runs until July next year, after which the tenant can discuss renewal with the owner.
Capitalization Overview
Fully bootstrapped, with a single director owning the entire company.
Tags:
Casual Dining Restaurant for Sale in Miri, Malaysia
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