Bar for Sale in Bangalore, India

- A budget-friendly bar located in the bustling area of Jakkasandra signal in Bangalore, spanning across a spacious 15000 square feet.

- The bar caters to the IT and budget-conscious clientele, offering a variety of liquors and focusing on serving Indian cuisine, with popular products such as Chicken Tikka, Paneer Tikka, and Chicken Seekh Kebab among other cuisines and dishes.

- The property's strategic advantages include very affordable land rent compared to the HSR Layout locality and a sizable plot, making it accessible to a wide range of customers.

- With a monthly footfall ranging between 6,000-8,000 people, the bar maintains an average order size of INR 500, making it an attractive investment opportunity in this industry.

- The bar has a significant capacity, accommodating up to 800 people, with seating for 500 and standing room for 300, providing a large and versatile space for patrons.

- Possessing a CL 9 with RVB license renewed annually, Animal bar is well-equipped to serve a diverse range of alcoholic beverages, including draught beer & other varieties of hard liquor catering to a broad spectrum of preferences.

- Additionally, the property offers convenient parking facilities, with the capability to accommodate up to 50 cars in the basement, enhancing the overall customer experience and accessibility.

Budget friendly bar targeting at IT and small pocket customers. The bar serves all types of liquor & focuses on Indian cuisine.

Popular products include-:

- Chicken Tikka.

- Paneer Tikka.

- Chicken seekh kebab.

Tangible assets -: Complete MS structure, kitchen equipment, furniture and bar equipment.

Intangible assets -: CL 9 with RVB license (renewed annually)

The physical assets were purchased by the owners for about INR 7.5 crores but the value of these assets have depreciated over the course of time.

The building is constructed by the owners - a size of 15,000 sq ft + area. Basement, ground, and first floor in MS structure. Rent on land is INR 3.5 lakh with an increase every two years.

Self funded, with 2 directors holding 50% share. No loans are active for the bar at the moment, debt free.