Restaurant for Sale in Erlangen, Germany
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | General Partnership |
Reported Sales | USD 400 thousand |
Run Rate Sales | USD 800 thousand |
EBITDA Margin | 20 % |
Industries | Restaurants |
Locations | Erlangen |
Local Time | 3:34 AM Europe / Berlin |
Listed By | Business Owner / Director |
Status | Active |
- Famous and renowned Indian food business in Erlangen.
- We just started our journey as a take-away Indian restaurant almost two years ago and recently opened our first dine-in location in the city center.
- We used to get daily sales of about EUR 1,000 in our takeaway model.
- The sales were affected by our business model transition. However, we forecast our daily sales to reach the EUR 2,000 level soon.
- Our team is extremely competent and the powerhouse of the business. One service staff can easily handle 20-30 customers at a time.
- The business owner is an executive at Capgemini and another founder is an executive at Siemens.
We serve authentic Indian Food that includes famous like Chole Bhatura, Dal Makhani, Naan, also have Biryani and Rogan Josh.
Our top-selling items are mostly the North Indian items on the menu.
Tangible assets include all the equipment, furniture, and fixtures in our new location.
We have rented a 1,000 sq meter restaurant in the city center with a monthly rent of EUR 3,000. The restaurant can seat 70 pax. The rent contract is for 10 years. Restaurant is surrounded by hospitals and Siemens offices.
- From the bank, the outstanding amount of EUR 200k will be cleared.
- The business has a sole owner.
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Earlier than 15 daysConsultant, Management Consultancy, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Stuttgart, Business Broker connected with the Business