Need help?

Restaurant for Sale in Mumbai, India

Acquire a non-operational multicuisine restaurant in Chembur, Mumbai, seating 200+; ready for immediate relaunch.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 420 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Mumbai
Local Time 10:45 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 234 thousand (Native Currency: INR 20,000,000)
Reason: The restaurant is being sold due to operational challenges. The promoter, primarily an investor, fac... View More
Includes physical assets worth USD 234 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Prime location in Chembur, Mumbai, with a large seating capacity exceeding 200, offering significant foot traffic potential.
- Diverse menu featured popular Asian, Thai, and Indian cuisines along with a buffet, catering to a wide range of dining preferences.
- Extensive beverage offerings, including a selection of cocktails, and beer supported by a full-service bar setup.
- Versatile dining options with comprehensive vegetarian and non-vegetarian dishes, attracting varied customer demographics.
- The business is currently for sale following its closure in May of the previous year due to operational challenges and management transitions.
- Established 8 years ago and rebranded 2 years prior, the restaurant achieved an impressive average monthly revenue of INR 30 lakh before ceasing operations.
- Equipped with extensive facilities including a fully operational kitchen, walk-in cold storage, chiller zone for draught beers, and segregated grocery and smoking areas.
- The restaurant holds GST certification, FSSAI and liquor license.
Products & Services Overview
Top-selling menu items featured Asian, Thai, Indian, and buffet categories, alongside cocktails.
The restaurant offered both vegetarian and non-vegetarian options.
Assets Overview
Tangible assets:
- Chillers for draught beer - INR 40 lakh.
- All kitchen equipment, crockeries, and furniture.
- The entire restaurant set-up, with all the fixtures and fittings.
These assets are valued at INR 2.3 crore and are being offered at a discounted price of INR 2 crore.
Facilities Overview
Operates from a rented fully furnished facility, with a well-equipped bar, state-of-the-art kitchen, walk-in cold storage, chiller zone for draught beers, grocery storage, and smoking zones.
The restaurant was renovated 6 months back.
Rent - INR 10 lakh/month.
Carpet area- 5,000 sq ft.
Seating capacity - 200+.
Security deposit - INR 50 lakh.
Capitalization Overview
Outstanding loans of INR 1.5 crore, will be cleared after the sale.
Ownership rests solely with a single individual.
Recent Activity
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.
Contact Business
9 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more