Restaurant Investment Opportunity in Vadodara, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 230 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Restaurants |
Locations | Vadodara |
Local Time | 11:42 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Creative gourmet bistro that serves vegetarian Indo-European fusion food.
- Restaurant is truly a vegetarian paradise and is located in a commercial complex in Vadodara.
- We are also into franchising our brand and have a franchised outlet in Bangalore.
- We generally receive 130-140 daily customers daily.
- Have a seating capacity for 80 customers.
- Partnered with Swiggy and Zomato for online deliveries and we have a 4.3 / 5 rating on Zomato. Online orders generate 12-15% of our total revenue.
- We get an 8% monthly royalty on gross sales generated by the Bangalore outlet.
- Our restaurants were temporarily closed during the COVID lockdown and all orders were completely online. We restarted operations at the Vadodara restaurant with dine-in services last month and have had a slight drop in revenue since reopening, but the business is picking back up. The outlet in Bangalore is still closed due to lockdown.
- Business owned assets include interior furnishings and kitchen equipment.
Pan Asian, modern Indian, continental, pantry, mocktails.
Rented 2,200 sqft area on the ground floor for INR 2.8 lakh / month under a 9-year contract.