Need help?

Restaurant for Sale in Nellore, India

For Sale: Multicuisine restaurant on a highway in Nellore with 100+ seats.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 420 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Nellore
Local Time 10:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 140 thousand (Native Currency: INR 12,000,000)
Reason: We have a big opportunity in another state so selling this business.
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
We are pleased to present an acquisition opportunity for a well-established multicuisine restaurant located on a prime highway in Nellore. Below are some key points for your consideration:
Location: The restaurant is strategically located on a busy highway in Nellore, offering high visibility and easy access for both locals and travellers.
Diverse Menu: The restaurant offers a diverse range of cuisines including South Indian, North Indian, Chinese, pure vegetarian tiffins, bakery products, and non-vegetarian items, catering to a wide customer base.
Revenue: The restaurant has an impressive annual sales turnover of INR 3 crores, with daily walk-in sales averaging INR 1 lakh, demonstrating a strong and consistent revenue stream.
Facilities: With over 100+ seats available both indoors and outdoors, the restaurant also features a dedicated party hall suitable for various events such as birthdays, engagements, meetings, and conferences.
Quality and Service: The business prides itself on providing high-quality food with a focus on taste and cleanliness, creating a favorable dining experience for its customers.
Climate: The restaurant boasts a pleasant climate, enhancing the overall dining atmosphere and attracting patrons seeking a comfortable and enjoyable dining experience.
Products & Services Overview
South Indian, north Indian Chinese, pure veg tiffins, bakery products, non veg items.
Assets Overview
Fully furnished kitchen, dining tables, party hall, garden, open top, interiors, lighting and furniture.
These assets are worth INR 2.5 crore but are being offered at a discounted price of INR 1.2 crore.
Facilities Overview
Nealy 10,000 sqft area on lease with two dining halls, one party hall. Near a National Highway in Kavali.
Property has been leased for 9 years and we have built the hotel.
Capitalization Overview
Presently no debts.
Have 2 partners with 50% stake each.
Recent Activity
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.
Contact Business
2 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more