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Restaurant for Sale in Vellore, India

For sale: Restaurant serving both veg and non-veg multi-cuisine food and has fully air-conditioned facility.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 64 thousand
Run Rate Sales USD 66 thousand
EBITDA Margin 14 %
Industries Restaurants
Locations  Vellore
Local Time 3:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 21 thousand (Native Currency: INR 2,000,000)
Reason: Promoter is relocating and is also finding it challenging to manage the labor force.
Includes physical assets worth USD 21 thousand
Interested to connect with advisors
Documents
Business Overview
- Restaurant serving both veg ad non-veg cuisine.
- About half our revenue comes from orders through Swiggy and Zomato.
- The restaurant is fully air-conditioned and located in a well known commercial area.
- The premises can also be converted to a bar if the buyer is interested as there are no other bar cum restaurants in a 10 km radius.
Products & Services Overview
Veg and non-veg multi-cuisine including biryani.
Assets Overview
Physical assets owned by the business include kitchen equipment, furniture.
Facilities Overview
Leased facility of 2,200 sq. ft. The facility is fully air-conditioned and can seat around 40 pax.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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