Small Restaurant for Sale in Chamba, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 20 - 30 thousand |
Run Rate Sales | USD 42 thousand |
EBITDA Margin | Nil |
Industries | Restaurants |
Locations | Chamba |
Local Time | 7:57 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The business has 2 verticals.
- One is a running multi-cuisine restaurant with 80 seats serving and the other produces and sells organic products under a unique brand name.
- Restaurant bring in 80% of the revenue while the rest is from the organic products.
- GST & IT are up-to-date. The business has FSSAI registration as well.
- Kitchen staff has been with us for the last 2 years. The high retention rate is an advantage as restaurants usually suffer from a high attrition rate.
- Workforce of 10 employees is needed to operate both verticals.
- We clear all dues on 7th of every month. This has led to a high credibility for our business among suppliers and vendors.
The business has experienced a tumultuous journey, facing numerous ups and downs. From achieving INR 29 lakhs in revenue within the first two months to being betrayed by two partners, and even expanding into a third hotel vertical, the path has not been easy. Yet, through resilience and determination, the business has persevered, emerging stronger and finally seeing the light at the end of the tunnel. Today, it has bounced back with renewed strength and vision.
- One vertical sells branded value added local products like Walnuts, Walnut Kernel, Walnut edible Oil, Walnut oil based anti-dandruff oil, Walnut based Scrub, face cream. These products are sold through Amazon and retail stores in our region. Our hair oil is especially famous for being prescribed by homeopathic doctors in the region for its anti-hair fall proprieties. This vertical constitutes 20% of the revenue.
- The second vertical is a multi-cuisine restaurant serving South Indian (one of the first ever in city), North Indian and Chinese. Non-veg (Chicken only) and veg in pure Desi Ghee. This vertical contributes to 80% of the revenue.
Intangible assets include the legal entity, brand name, and goodwill in the market.
The building is on NH 154A with 4 car parking in front of restaurant and over 15 cars opposite side. Clear visibility from far with illuminated signboards.
This business has accumulated losses just inder INR 60 lakh. This is a major benefit because if an LLP has accumulated losses of INR 60 lakh and in the future generates profits of INR 50 lakh, these profits can be fully offset by the previous losses, resulting in zero tax liability for that financial year.
- The business also has GST input credit of INR 8 lakh.
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Earlier than 15 daysEVP, Shipping & Logistics, Noida, Individual Investor / Buyer connected with the Business