Restaurant for Sale in Visakhapatnam, India
For Sale: Non-operational restaurant that used to receive around 50 customers daily.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | USD 23 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Visakhapatnam |
| Local Time | 5:06 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
70 thousand
(Native Currency: INR 6,000,000)
Reason: Want to sell the business due to partnership issue.
Includes physical assets worth
USD
70 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
FSSAI License
(107.3 KB)
Business Overview
- Non-operational business for 10 days.
- Location: The restaurant is located in Visakhapatnam, a bustling city with a growing population, making it an attractive location for a restaurant business.
- Capacity: The restaurant has a seating capacity of 50, providing ample space for customers to dine in comfortably.
- Previous Performance: Prior to ceasing operations, the restaurant was receiving approximately 50 customers on a daily basis, indicating a steady flow of patrons.
- Cuisine: The restaurant offered a diverse menu featuring Chinese and Indian cuisine, catering to a broad range of tastes and preferences.
- Revenue Potential: The average order value at the restaurant was INR 1,000, reflecting a favorable revenue potential, especially with the potential for increased operational efficiency.
- Have an FSSAI license and PAN card of the business.
- Location: The restaurant is located in Visakhapatnam, a bustling city with a growing population, making it an attractive location for a restaurant business.
- Capacity: The restaurant has a seating capacity of 50, providing ample space for customers to dine in comfortably.
- Previous Performance: Prior to ceasing operations, the restaurant was receiving approximately 50 customers on a daily basis, indicating a steady flow of patrons.
- Cuisine: The restaurant offered a diverse menu featuring Chinese and Indian cuisine, catering to a broad range of tastes and preferences.
- Revenue Potential: The average order value at the restaurant was INR 1,000, reflecting a favorable revenue potential, especially with the potential for increased operational efficiency.
- Have an FSSAI license and PAN card of the business.
Products & Services Overview
We used to serve Chinese and Indian food.
Assets Overview
Tangible assets include tables, chairs and kitchen equipment.
Facilities Overview
Restaurant is located in the south of the city on a 2,400 sqft area with a monthly rent of INR 80,000.
Capitalization Overview
- Business has 3 partners with equal partnership.- No Loan.
Recent Activity
-
Earlier than 15 daysCEO, FMCG Retail And Supplier, Visakhapatnam, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Restaurant, Visakhapatnam, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSoftware Engineer, IT, Visakhapatnam, Individual Investor / Buyer connected with the Business
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