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Restaurant Investment Opportunity in Erode, India

Cloud kitchen business that is well known the area seeks investment to start a restaurant.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.3 thousand
Run Rate Sales USD 13.5 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Erode
Local Time 2:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 45 thousand for 40.0% stake (Native Currency: INR 4,000,000)
Reason: We wish to set up a restaurant and need funds for renting the unit, marketing, providing salaries, i... View More
Includes physical assets worth USD 5.6 thousand
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Business Name
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Business Overview
- Currently, we operate a cloud kitchen of 500 Sq Ft and have a house set up.
- We are famous in the area for providing nonveg box meals.
- We only operate in the afternoon for about 3-4 hours.
- We have a small seating capacity which is used by family members mostly but is also given to customers if needed.
- Average daily order is 10-15.
- We have been serving food since Covid till date.
- The in-house facility has an FSSAI registration.
- We have our own website and provide free delivery.
- Promoter has 30 years of work and business experience and is service minded.
- We want to start a restaurant under the same brand with a kitchen setup of 1,000 sq ft.
- The setup will initially have a seating capacity of 16 pax and later can be increased to 32 pax.
- One of the locations that is identified in the market is 3,000 Sq Ft located in the heart of the city.
Products & Services Overview
Cloud kitchen that serves box meals of Tamilian and Chinese cuisine. It includes mutton and chicken biryani, mutton and chicken varuval, chicken 65, chinthamani chicken, fish curry and fry, tripe cow and goat, duck fry, goat head gravy, etc.
Assets Overview
Tangible:
Cooking ranges, vessels, fridges, grinders, gas cylinders.
Facilities Overview
Ultra modern kitchen with 3 cooking ranges. We have a home setup.
For the restaurant we have identified 2 places which are rented location in a market and the other is in a hospital.
Capitalization Overview
Self funded business with no loans. Owner has the 100% ownership.
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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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