Bar and Club Raising Seed Funds In Mumbai
Product / Service
Nightclub offerings consist of music and lighting setups, beverage services, VIP experiences, security, and event coordination.
Clientele type
Upper middle class, corporates, youth, friends, couples, etc.
Premises
They are yet to lease the premise.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 2.00 Cr
Minimum ticket size
INR 25.00 L
Reason
They are looking to raise funds to develop the pub and restaurant.
Other Details
About the founding team: Founder 1: He has an MBA in Logistics & Supply Chain Management from the Institute of Logistics and Aviation Management. He started his career as an intern with Sohum Logistics, Process Logistics, and Embark Logistics wherein he gained logistical experience through all three modes of transport. His corporate journey started with Apple as a supply chain executive and he was promoted to an Assistant Supply Chain Manager within 5 years. After Apple, he worked with Patanjali as a Pan India Supply Chain Manager for 3 years. With all the corporate experience that he gained, he moved on to become an entrepreneur and established a Supply Chain Agency that provided custom supply chain solutions as per the requirements of the clients. Along with this, he ventured into the Hospitality industry in January 2023. Founder 2:She has done her PGPM in Core Marketing from ICFAI University. She started her career as a Corporate Customer Acquisition Intern with Divine Solitaires. Her corporate journey started with Course5 Intelligence as an Associate Project Manager for 21 months. From there she moved on to Torfac for 9 months (previously known as Wiseworks) as a Senior Project Manager. To gain more exposure in her current role she took up an opportunity with Nepa as a Global Data Procurement and Panels Analyst for a year. After Nepa, she has been currently working with Wolf Insights, a Canadian-based market Research Industry as an Account Manager. She ventured into the hospitality industry on 2nd October 2022 under the guidance and experience of her family.
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
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?