Bar for Sale in Bangalore, India
For Sale: Restaurant & pub in Electronic City, Bangalore spread on 2 floors with 180 seating.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 27 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 28 % |
| Industries | Restaurants + 1 more |
| Locations | Bangalore |
| Local Time | 11:19 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
81 thousand
(Native Currency: INR 7,000,000)
Reason: Owner is moving into another business.
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Documents
GST Certificate
(68.6 KB)
ROC-Verification.pdf
(61.1 KB)
Business Overview
- Restaurant & pub set up on an area of 4,800 sq ft which is spread on 2 floors (4th & 5th floor). The 5th floor also has a rooftop area. Total seating capacity is 180 pax.
- We have CL9 and RVB (Retail Vending Beer) license. Our business has been in operations for 2 years and our last year's sales grew by 25% (from approx. INR 18 lakh to INR 23 lakh)
- The business is temporarily closed due to COVID-19 and we are also in the process to negotiate a new rental agreement with the existing landlord to reduce the rent.
- While operational, we used to receive 200+ customers per day during weekdays and 600+ customers per day during weekends.
- Have over 2,000 followers on Facebook and 170 followers on Instagram.
- We have tie-ups with online food aggregators such as Swiggy and Zomato.
- We also have the facility for live music and have tie-ups with 4 bands.
- We have CL9 and RVB (Retail Vending Beer) license. Our business has been in operations for 2 years and our last year's sales grew by 25% (from approx. INR 18 lakh to INR 23 lakh)
- The business is temporarily closed due to COVID-19 and we are also in the process to negotiate a new rental agreement with the existing landlord to reduce the rent.
- While operational, we used to receive 200+ customers per day during weekdays and 600+ customers per day during weekends.
- Have over 2,000 followers on Facebook and 170 followers on Instagram.
- We have tie-ups with online food aggregators such as Swiggy and Zomato.
- We also have the facility for live music and have tie-ups with 4 bands.
Products & Services Overview
- Multi cuisine veg & non-veg food. This include Indian, Chinese and Continental cuisines.- Serves alcoholic and non-alcoholic beverages.
- Live music performed by 4 different bands.
Assets Overview
Furniture to accommodate 180 customers, 2 computers, 12 CCTV cameras, complete kitchen utensils & cooking equipment, bar equipment and glassware.
Facilities Overview
Rented facility of 4,800 sq ft spread on 4th and 5th floor. The 5th floor also has a rooftop area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Trident Smart Solutions, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Resort, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Parking And Mechanical Services, Bangalore, Individual Investor / Buyer connected with the Business
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