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Small Fast Food Restaurant for Sale in Lucknow, India

Fast food restaurant with potential for profitability in a prime location and diverse menu.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 25 thousand
Run Rate Sales USD 27 thousand
EBITDA Margin Nil
Industries Fast Food Restaurants
Locations  Lucknow
Local Time 5:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 20.4 thousand (Native Currency: INR 1,800,000)
Reason: The owner has decided to sell the current business as he isn't able to give enough time, as he is bu... View More
Includes physical assets worth USD 17 thousand
Documents
FSSAI License
Business Overview
- The business is a fast food restaurant located in Lucknow, with a 30 seating capacity and a diverse menu featuring top-selling items such as pizza, burgers, footlongs, sandwiches, and fried chicken.
- Despite being currently at break-even, the business has demonstrated profitability in the past but faced a decline in operations due to the owner's other business commitments during the COVID-19 pandemic.
- With the potential for increased profitability within 3-6 months, especially with the recent opening of a nearby hotel that has resulted in a significant increase in daily orders, there is an opportunity for the business to regain its previous profitability.
- The business receives customers predominantly from the nearby residential area and the hotel above the restaurant, with an average of 20 walk-ins daily, 15 online orders, and an additional 10 orders from the neighbouring hotel on a daily basis.
- The business is a self-owned establishment, offering the potential for a new owner to continue operations at the current location by paying rent to the existing owner, with all necessary documents readily available for review.
- Given the right attention and full-time commitment, there is a strong potential for the business to regain profitability within a relatively short timeframe, particularly with.
Products & Services Overview
Out top selling items include pizza, burger, footlongs, sandwich, and fried chicken.
We receive most of our customers from the nearby residential area and the hotel above us.
Assets Overview
Tangible assets include: 3 ACs, Sofas, 16 tables and chairs, and complete Interiors, and a full kitchen set up.
Intangible assets:
Possist billing software.
Facilities Overview
The business operates from a self owned place with a 200 sqft seating area, a 600 sqft kitchen, 1,200 sqft area for parties and celebrations.
Capitalization Overview
The business is completely self funded, and does not have any loans.
There is a single owner for the business.
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This transaction has concluded. View similar business opportunities on SMERGERS
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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