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Newly Established Bar for Sale in Bangalore, India

Premium pub in Koramangala with 800 customers weekly.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 650 thousand
EBITDA Margin Nil
Industries Bars
Locations  Bangalore
Local Time 7:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: INR 60,000,000)
Reason: The owners are relocating.
Includes physical assets worth USD 600 thousand
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Business Overview

- Located in the prime locality of Koramangala, known for its upscale ambiance and vibrant atmosphere.

- Recognized as the recipient of the prestigious "Best Outdoor Sitting" award in South India, enhancing its appeal and drawing in patrons seeking a unique dining experience.

- Attained distinction by securing a spot among the top 100 bars in the nation, signifying excellence in service, ambiance, and offerings.

- Maintains a steady weekly footfall averaging between 700 to 800 customers, indicative of a strong and loyal customer base.

- Boasts an impressive average order value (AOV) of INR 2,000, reflecting the establishment's ability to cater to discerning clientele and offer premium services.

- Hold essential licenses including GST, FSSAI, and alcohol licenses, ensuring compliance with legal regulations and fostering trust among customers.

- Hosts lively DJ nights on weekends, adding an extra layer of entertainment and attracting crowds seeking vibrant nightlife experiences.

- Distinguished by its premium ambiance, offering patrons a sophisticated and upscale environment for socializing and relaxation.

- With a successful operational tenure spanning 5 years, the establishment has built a solid reputation and brand presence within the local community and beyond.

- Boasts a generous seating capacity of 200, accommodating both intimate gatherings and larger events with ease.

Products & Services Overview

Premium pub serving global food and cocktails.

DJ and music nights.

Catering primarily to youngsters.

Assets Overview

Assets include:

High end furniture and fixtures, kitchen equipment and electronics.

Facilities Overview

6,150 sqft facility of 3 floors.

Rent is INR 4 lacs/ month.

Located in Koramangala.

Capitalization Overview

Family owned business.

No loans or debts.

Self funded operations.

90-10 split between 2 shareholders.

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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