Restaurant Seeking Loan in Gurgaon, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | 20 - 30 % |
Industries | Restaurants |
Locations | Gurgaon |
Local Time | 4:37 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The previous owners have achieved substantial financial success from the business, allowing them to invest in larger ventures and relocate to pursue new opportunities.
- The food joint has been non-operational for the past 4 months since the current lease ended and it needs funds to relocate to a new location with higher footfall.
- The business provides catering services for house parties, corporate events, and other functions, accommodating 50 to 200 guests, with the capability to handle larger events based on requirements.
- The joint attracted customers immediately upon inception, achieving average daily sales of INR 25,000 to 35,000, with some days exceeding INR 1 lakh.
- The business maintains a loyal customer base that consistently places orders both in-person and over the phone organically.
- The original staff has remained with the business since its inception, with the main chefs having gained valuable experience and exposure in Germany, South Africa, and other countries.
- Marketing efforts have been limited, with growth driven mainly through organic phone and counter sales.
- There is substantial potential to further enhance visibility by utilizing platforms like Swiggy, Zomato, and various other marketing channels.
- Need funds for relocating and expansion.
- Additionally, the business provides catering services for house parties, corporate events, and large gatherings, serving groups ranging from 50 to over 200 people.
While it was operational, we paid a rent of INR 40,000 for a 200 sq. ft. area with an outdoor seating arrangement.