A Renowned Restaurant Is Up for Sale.
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Product / Service
Chinese, Italian, continental
Clientele type
Retail industry
Premises
Zomato, Swiggy, and Ubereats
Asking Price Includes
Land worth 3.5 crore, price per sqyard 70k/sqyard+ all the assets of the business
Reason
Owner is moving abroad.
Other Details
This well-known restaurant was started in February 2018.
Average per day customer footfall is 150.
Average cash sale per day is INR 25,000+online delivery.
Seating capacity of 60 people at a time.
Area of the land is 500sqyard, the price per sq yard INR 70,000.
Area constructed is 300sqyard+ sooner new area is under construction for outdoor sitting with draught beer with approx 1 month period.
The business has expanded rapidly with 2X growth in the last 12 months.
Average monthly sales are INR 7 lakh.
Asking price is INR 3.8 cr
Keywords
₹10 to ₹200 Cr
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
