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Small Restaurant for Sale in Chamba, India

Business with two successful revenue streams: restaurant and organic product sales seeks a buyer.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 88 thousand (Native Currency: INR 7,500,000)
Reason: Promoter is 72 years old and now wish to retire. The promoter travels a lot and is unable to focus f... View More
Includes physical assets worth USD 88 thousand
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Business Overview
- LLP business involved in the production and sale of value-added organic products and operating a restaurant.
- 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.
Products & Services Overview
The business has two verticals:
- 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.
Assets Overview
Tangible assets include all the machines and equipment used for production of the organic products and equipment of the running kitchen and seating, AC, vizi coolers, deep freezers, TVs, entertainment, sleeping facility for kitchen staff.
Intangible assets include the legal entity, brand name, and goodwill in the market.
Facilities Overview
An area of 3,000 sq ft of entire leased 1 floor building. The basement is used for the production of the organic products, the basement is about 1,200 sq. ft. The ground floor with about 1,000 sq. ft. has the restaurant seating and the 1st floor has the kitchen. We pay a monthly rent of INR 50,000 for the entire building. The ground floor has a separate place for small gatherings of 12 persons.
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.
Capitalization Overview
No loan, self funded. Only 2 partners with 95% with me and with an old employee 5% with zero contribution, only for records. Very clean business. No overdue payments to anyone. Carry forward losses and input credit of GST is available to buyer.
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.
Recent Activity
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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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