Lucrative Restaurant Seeks Funds For Expansion In Bangalore
Product / Service
The restaurant boasts a diverse menu featuring an extensive range of offerings, including refreshing beverages, both vegetarian and non-vegetarian curries, sizzling sizzler dishes, delectable stuffed breads, authentic shawarma, indulgent desserts, seafood delicacies, egg-based specialties, comforting soups, and a variety of biryanis.
Clientele type
Their clientele primarily comprises local residents and nearby working professionals, resulting in a consistent daily footfall of 50 to 70 occupied tables.
Premises
The owner has leased the land and personally financed the construction of the infrastructure.
The building spans 5,000 square feet, while the land occupies approximately 20,000 square feet.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Reason
The goal is to grow the business and utilize the remaining available land for expanding and enhancing the establishment.
Other Details
The business was launched in early 2023, and as of September 2023, it has been operational for seven months.
During weekends, the establishment experiences a significant increase in customers, with a remarkable 120 tables occupied by enthusiastic diners.
With a comfortable seating capacity for 56 individuals distributed across 12 well-appointed tables, the restaurant ensures a pleasant dining experience for its guests.
Impressively, the restaurant consistently achieves daily online sales ranging from 3,000 to 5,000, a testament to its popularity among digital customers.
When considering monthly performance, the restaurant maintains a noteworthy track record with an average monthly sale of 12 lacs, further solidifying its position as a favored dining destination.
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?