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Restaurant Investment Opportunity in Chennai, India

Multi-cuisine restaurant constructed on 5,000 sq. ft. open garden space in Chennai is seeking equity.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Chennai
Local Time 2:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 29.5 thousand for 50.0% stake (Native Currency: INR 2,500,000)
Reason: Business expansion and working capital requirements. Looking for an equity partner to help manage th... View More
Includes physical assets worth USD 47 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- This is a restaurant that is located in Pallavaram Radial Road just 900 meters away from Embassy IT park in Chennai.
- We have a seating capacity of 30 pax for AC dining, 36 pax for bamboo huts, and another 16 for the grass huts.
- Currently, we are not operating for a month due to Vaastu but will resume operations from next month onwards hence have not reported any sales and margin for this month.
- We have recently signed contracts with major IT firms for food court establishment.
- On average, we had 100 to 150 walk-ins per day and we are also listed on Swiggy.
- We generated total revenue of INR 30,000 per day.
- The business does not have any loans and is run by a sole owner.
- We are registered as a private legal entity and have different brands running under it. This restaurant is one of the brands under it and this investment is required for this particular brand.
Products & Services Overview
It is a multi-cuisine restaurant serving North Indian, South Indian, Arabic and Italian cuisines.
Assets Overview
Own customized restaurant construction, fully loaded kitchen and furniture.
Facilities Overview
Built-up area of 5,000 sq. ft. with bamboo huts and AC dinning with seating capacity of 80 pax. We pay a monthly rent of INR 25,000.
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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