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Newly Established Restaurant for Sale in Visakhapatnam, India

For Sale: Non-operational restaurant that used to receive around 50 customers daily.

Established 0-1 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales USD 24 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Visakhapatnam
Local Time 10:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: INR 6,000,000)
Reason: Want to sell the business due to partnership issue.
Includes physical assets worth USD 70 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
FSSAI License
Business Overview

- Non-operational business for 10 days.

- Location: The restaurant is located in Visakhapatnam, a bustling city with a growing population, making it an attractive location for a restaurant business.

- Capacity: The restaurant has a seating capacity of 50, providing ample space for customers to dine in comfortably.

- Previous Performance: Prior to ceasing operations, the restaurant was receiving approximately 50 customers on a daily basis, indicating a steady flow of patrons.

- Cuisine: The restaurant offered a diverse menu featuring Chinese and Indian cuisine, catering to a broad range of tastes and preferences.

- Revenue Potential: The average order value at the restaurant was INR 1,000, reflecting a favorable revenue potential, especially with the potential for increased operational efficiency.

- Have an FSSAI license and PAN card of the business.

Products & Services Overview

We used to serve Chinese and Indian food.

Assets Overview

Tangible assets include tables, chairs and kitchen equipment.

Facilities Overview

Restaurant is located in the south of the city on a 2,400 sqft area with a monthly rent of INR 80,000.

Capitalization Overview

- Business has 3 partners with equal partnership.

- No Loan.

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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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