Restaurant for Sale in Mylapore, India
For Sale: Multi-cuisine restaurant that serves pure vegetarian cuisine with fully air conditioned halls.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Mylapore |
| Local Time | 11:05 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
170 thousand
(Native Currency: INR 15,000,000)
Reason: Unable to devote sufficient time to other businesses, so want to sell the restaurant.
Includes physical assets worth
USD
170 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
GST Certificate
(38.2 KB)
FSSAI License
(101.5 KB)
Business Overview
- Restaurant is located near the Kapaleeswarar temple in Mylapore.
- The restaurant is fully set up ready to move in.
- We have a party hall that has the capacity of catering to 200 pax with a seating capacity of 75 pax.
- The restaurant can cater to a maximum of 100 individuals at a time.
- Whole restaurant is spread over 3 floors which include terrace kitchen, non-ac hall, ac hall. The basement is excluded.
- The restaurant has not been operational since the beginning of this year.
- We also had tie-ups with food delivery apps such as Zomato and Swiggy.
- The restaurant is fully set up ready to move in.
- We have a party hall that has the capacity of catering to 200 pax with a seating capacity of 75 pax.
- The restaurant can cater to a maximum of 100 individuals at a time.
- Whole restaurant is spread over 3 floors which include terrace kitchen, non-ac hall, ac hall. The basement is excluded.
- The restaurant has not been operational since the beginning of this year.
- We also had tie-ups with food delivery apps such as Zomato and Swiggy.
Products & Services Overview
Used to offer a vast variety of vegetarian cuisines and dishes such as Indian cuisine, coffee, south indian cuisine, Chinese, North Indian food, Chaat and juices.
Assets Overview
Physical assets of the business include - all restaurant equipment, seating chairs, tables and includes an advance payment of INR14 lakhs given to the landlord.
Facilities Overview
The build up area of the restaurant is 10,000 Sq. Ft. This includes 2 floors, terrace kitchen and basement parking.The property is on rental agreement.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Construction Material Distributorship, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Restaurant, Trichy, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOperations Head, Oil & Gas, Chennai, Individual Investor / Buyer connected with the Business
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