↩ Go Back
Need help?

Restaurant Assets for Sale in Chennai, India

For Sale: Complete kitchen set up in Semmenchery of a well-known multi-cuisine restaurant brand in Chennai.
This transaction has concluded.
This Business is on a Premium Plan
Ownership Duration 10-20 year(s)
Industries Restaurants
Locations  Chennai
Local Time 5:02 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Asset Sale
Asking Price: USD 30 thousand (Native Currency: INR 2,500,000)
Reason: The promoter has another branch of the restaurant near by and wants to dismantle the assets of this ... View More
Interested to connect with advisors
Documents
Assets Description

- Our Semmenchery restaurant that covers and area of 2,000+ sq. ft. and has all the complete interiors.

- Kitchen and complete interior set-up including chairs, refrigerators, tables, and kitchen equipment.

- Company operates a multi-cuisine restaurant with 4 branches in Chennai.

- All our branches are profitable.

- Average billed customers for every branch are 50 on weekdays and 100+ on weekends.

- Two branches have party halls and host 5-6 events every month.

- Provide catering services on demand but 95 % of revenue comes from the restaurant billed orders.

- Have been growing strong for the past 10 years and accumulated a big fan base all over Chennai for our food.

- We are currently focusing on one branch and wish to sell the assets of this restaurant branch.

- The company suffered a drop in sales due to the lockdown.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more