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Restaurant for Sale in Waghodia, India

Multi-cuisine fine-dine buffet restaurant with seating capacity of over 350, along with separate banquet area.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 830 thousand
Run Rate Sales USD 830 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Waghodia
Local Time 12:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 220 thousand (Native Currency: INR 19,000,000)
Reason: The reason for the sale is that the owner is relocating to another city and is looking to sell the b... View More
Includes physical assets worth USD 220 thousand
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Business Overview
- Situated in Waghodia, this multi-cuisine fine dining restaurant offers an expansive buffet with more than 200 varieties, catering to diverse palates and enhancing the local dining scene.
- Launched 3 years ago, the restaurant was established with an investment of INR 3.80 Crore, reflecting a strategic financial commitment to high-quality dining and high quality interior, which contributes to its high asset value.
- The restaurant is equipped with a state-of-the-art kitchen setup valued at INR 1 Crore, showcasing modern culinary capability and aiming to ensure efficient operation and high-quality food production.
- With a potential to reach monthly sales of INR 60 Lakh, the restaurant positions itself strongly in the food and beverage sector, targeting significant revenue growth.
- The luxurious and comfortable fine-dine seating provides an upscale dining experience, enhancing customer satisfaction and attracting repeat visits.
- As an employer of 10 staff, the restaurant maintains an intimate and focused team, promising personalized service and attention within the bustling food service industry.
Products & Services Overview
The restaurant offers an unlimited multi-cuisine buffet spread featuring over 200 varieties of dishes.
Assets Overview
The restaurant is equipped with high-quality furniture including sofas, sofa chairs, and tables. It features Mitsubishi Heavy Duty VRF A/C systems, elegant chandeliers, and imported modern kitchen equipment. The kitchen is also equipped with a softy machine, ice cream maker, Celfrost deck ovens, wood-fired ovens, blast freezers, a large mocktail bar, live tandoors, and buffet display equipment. Additionally, there is cold room storage, dedicated storage rooms, and fresh air ducting with chimneys. Intangible assets include all the necessary licenses for operations.
These assets are valued at INR 3.8 crore but are being offered at a discounted price of INR 1.9 crore.
Facilities Overview
A rented restaurant with a carpet area of 10,000 sqft and a super built-up area of 18,000 sqft. It includes a 3,000 sqft live kitchen and buffet area, a 2,000 sqft spacious and luxurious banquet hall, and 5,000 sqft of luxe, comfortable seating with step-up platforms. The property also features separate, dedicated, and exclusive lifts, as well as spacious, separate washrooms.
Capitalization Overview
The business is self-funded there are no outstanding loans or debts.
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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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