Newly Established Bar Investment Opportunity in Bangalore, India
Established | 0-1 year(s) |
Employees | 50 - 100 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 550 thousand |
EBITDA Margin | Operating at loss |
Industries | Restaurants + 1 more |
Locations | Bangalore |
Local Time | 12:49 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The business operates two outlets inside an IT park in Bangalore: a craft beer taproom and a South Indian fine-dine restaurant with liquor (both operational), along with three more outlets in the pipeline (2 small-format cafes and chaat, and 1 North Indian fine-dine).
- One of the facilities has a seating capacity of 200, and the fine-dine restaurant can accommodate 100 people.
- The investor will acquire a majority stake in the entire business.
- The business is listed on Zomato and Swiggy.
- Approximately 10% of orders are received through online channels, with 80% from dine-in, where corporate parties form the majority of revenue. Additionally, the business caters lunch daily to two offices, serving a total of 300 people.
- Serving an average of 50 customers per day across both outlets.
- The craft beer taproom opened in May last year, and the South Indian restaurant opened in December last year, both leading to significant sales growth.
- Both outlets serve vegetarian and non-vegetarian dishes, with liquor available at both locations.
- FSSAI, CIN, liquor license, and GST registration are in place.
- No marketing efforts have been made so far, which is why the business is operating at a loss, but profitability is expected within a few months with marketing and the launch of new outlets.
- Seeking funds to exit existing investors with a low appetite for growth and patient capital, as well as working capital to make both units profitable within the next 2-3 months and to open the next three outlets.
- Taproom.
- Restaurant.
- Catering.
- Banquets.
- Corporate parties.
- Corporate gatherings.
- Bestselling product is our beers.
Our clientele primary consists of IT employees.
Intangible assets include liquor license, brand value, repeat of 70% and goodwill.
The rent is INR 14 lakhs per month for both the spaces, combined.
The company has outstanding dues of INR 90 lakhs due to partners who infused capital as a loan No other liabilities exist.
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1 week, 2 days agoExecutive Director, New Delhi, Financial Consultant connected with the Business