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Restaurant for Sale in Vissannapetaa, India

For Sale: Restaurant in Vissannapeta with 4 cents of land at a low monthly rent.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 57 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Vissannapetaa
Local Time 2:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 23.6 thousand (Native Currency: INR 2,000,000)
Reason: The owner is planning to migrate abroad.
Includes physical assets worth USD 9.4 thousand
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Business Name
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User Verification
Documents
GST Certificate
FSSAI License
Business Overview
- Restaurant is located close to the highway, a government office, and the mango markets.
- The restaurant gets a regular clientele due to its proximity to a government office and the mango markets.
- Daily footfall of around 50-75 customers.
- The buyer can continue on the same premises.
- Buyer will get the entire restaurant setup, FSSAI license, GST certificate, and an ICICI bank account.
- Vissannapeta is located in the Krishna District, AP, and is famous for its mangoes.
- We receive seasonal visitors who come as mango purchasers. Visitors tend to have a long stay spanning months as well.
Products & Services Overview
Sell south Indian breakfast, veg meals, and biryani.
Assets Overview
Deep refrigerator, all kitchen equipment, furniture - chairs and tables for 50 pax, shutter.
Facilities Overview
Rental land of 4 cents, but all construction was built by the owner for the restaurant's easy and secured operations. Have a low monthly rent of INR 8,000.
Capitalization Overview
Not Disclosed
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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