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Restaurant Investment Opportunity in Mumbai, India

Award-winning veg thali restaurant with experienced promoters seeks investment at a 1.11x revenue multiple valuation.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 220 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Mumbai
Local Time 9:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 50.0% stake (Native Currency: INR 5,000,000)
Reason: Looking for someone who can expand this brand with a franchise model while having funds and expertis... View More
Includes physical assets worth USD 36 thousand
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Business Overview

- Started with monthly sales of INR 2.5 lakh in Nov last year to now INR 16 lakh in June this year.

- Majority of revenue is from dine-in sales, with an average revenue of 80:20 between dine-in and online sales respectively.

- Promoters have experience of more than 30 years in the catering industry.

- We want to leverage the promoter's experience and have entered the catering industry as well. The aim of entering catering also is to diversify our revenue stream.

- Awarded as Top 5 Veg Thali restaurants in Mumbai by Mid-Day newspaper this year.

Products & Services Overview

We offer authentic Saurashtra Food in a rural village environment.

Top-selling products are the Gujarati Thali and Sunday Buffet Breakfast. 80% of the customers are dine-in.

Assets Overview

Business owns:

- Furniture and fixtures for 79 sittings.

- 5 air-conditioners and music systems.

- Complete kitchen equipment.

- Interior and other decor.

Facilities Overview

This is 2,400 Square feet property on lease for 5 years. We are located in Ken's Corner, South Mumbai. The lease started in October last year.

This is a 79 pax/covers/sitting restaurant with a rural/village environment ambiance.

Capitalization Overview

- The business is funded with partners' capital and there is no loan right now.

- In the ownership of the restaurant, there are 4 partners in a 50:30:10:10 split.

Everyone is some propr.

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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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