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Restaurant for Sale in Udupi, India

A fine dining restaurant in Udupi, serving Indian, Chinese, and coastal cuisines, 50-60 daily footfall.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 25 %
Industries Restaurants
Locations  Udupi
Local Time 2:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 52 thousand (Native Currency: INR 4,500,000)
Reason: Busy with other business. So unable to give time to the existing business.
Includes physical assets worth USD 41 thousand
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Business Overview
- Fine dining restaurant, located in Udupi.
- Cuisines served are Indian, Chinese, tandoori and coastal cuisines.
- Seating capacity is 50pax. Can be expanded to another 20 pax.
- Average daily footfall is 50 to 60.
- Peak season is during the year-end/Christmas months when the daily footfall goes up to >100.
- Average bill value is INR 200 to 500.
- We have also partnered with surrounding homestays and guest houses where we deliver our food.
- Restaurant attracts a lot of tourists & local customers as it is located on the NH66 highway and it’s the only fine dining restaurant in that locality.
- Business has FSSAI, GST and trade license.
Products & Services Overview
Cuisines served are Indian, Chinese, tandoori and coastal cuisines.
Top selling is coastal cuisine.
Most of our customers are tourists.
Assets Overview
Furniture, kitchen equipment, air-conditioners, grinders, computers etc.
Facilities Overview
Rented facility of 2,000 sq ft located in Santhekatte, Udupi.
Rent is INR 60k per month.
The rooftop has separate staff rooms and also has a sufficient car parking area.
Capitalization Overview
Funded by sole proprietor.
No loan on the restaurant.
All vendor payments are smooth and clear.
Cash flows are well maintained.
Recent Activity
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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.
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