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Restaurant for Sale in Jangareddigudem, India

Fully functional well-known restaurant with good market reputation located in a prime area for sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 190 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 23 %
Industries Restaurants
Locations  Jangareddigudem
Local Time 4:26 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: INR 5,900,000)
Reason: The owner is a software professional and is shifting to Canada.
Includes physical assets worth USD 65 thousand
Name, Phone, Email
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Business Name
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Billing Counter
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Label
GST Certificate
Business Overview

- We receive min around 70-100 customers daily.

- The seating capacity of the restaurant is 70-75 pax.

- We use local food delivery apps and receive around 15-20 orders daily.

- 10-15% of revenue is generated by online food delivery.

- 70% of the revenue is generated by the sale of non-veg food.

Products & Services Overview

Multicuisine restaurant that serves veg and non-veg authentic food.

- Biryani.

- Arabian mandi.

- Indian.

- Chinese.

- Tandoori.

- Grill items.

- North Indian.

Assets Overview

Tangible assets include tables, chairs, POS system, TV, and kitchen equipment.

Facilities Overview

- Leased space of 2,475 sqft with direct access from the main road with a huge parking space.

- We have built the restaurant in an open lease plot. The same commercial space in the market is being charged more than 1lack as rent per month. But Buyer needs to pay 65k as a monthly rent for the property.

- Own water motor available for water supply. No scarcity of water at all.

- As it is on the ground floor and has direct access to the main road, it has a lot of demand as it got good parking space which other competitors do not have.

- We are challenging that, you can check out in the market about our Brand value and reputation before you consult us. The restaurant's feedback will not disappoint you.

- Because we have reached here after a lot of struggles in meeting customer expectations. Our success has lot many stories.

- With a heavy heart, we had to take this decision as there is no other option left with us rather than selling the property.

- Only genuine parties - contact us. Time is precious for both parties.

Capitalization Overview

- Business is owned 100% by the sole owner and managed by one owner.

- This business has no loans or debts.

Recent Activity
  • Earlier than 15 days
    Proprietor, Visakhapatnam, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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9 Buyers viewed this Business this month.
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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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