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Newly Established Nightclub Investment Opportunity in Hosur, India

Seeks Investment: Upcoming resto bar in Hosur with ample amount of open area and landscaping.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Nightclubs
Locations  Hosur
Local Time 1:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 180 thousand for 40.0% stake (Native Currency: INR 15,000,000)
Reason: Funds will be used for construction and interiors. initially, we planned only for 3,000 sqft of buil... View More
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
Documents
Business Overview
- The brand highlights itself as the first Restobar in the heart of the city located along the outer ring road Hosur and features a water body, landscaping, and outdoor event space with ample parking space.
- The resto-bar will have 320 seats with a retractable roof system and large open space for outdoor seating and parking.
- We intend to target corporate's for the business.
- The resto-bar and club industry has grown exponentially in the past five years. It is also added fact that open-space resto-bar usurped the market despite the pandemic.
- Pre-construction is in progress, we have constructed the compound wall, borewell, soil filling, and road formation.
- We are in talks to get the license which will be received in a month or two.
- The business should be operational in 7-8 months.
Products & Services Overview
We would serve Multicuisine in the fine dining, and in the resto-bar, we would serve our signature cocktails and liquor in ample open space along with seating for 320 individuals.
Assets Overview
Bar and kitchen equipments, construction steel, liquor license, furniture and fixtures.
Facilities Overview
The land of 27,000 sqft is owned by the partner. We have leased the premises for 9 years under the company with 6,500 sqft of built-up area.
Capitalization Overview
The company has two partners right now. We would dilute it and the stake will be given to the new partner.
The company doesn't have any outstanding loans.
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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