Profitable Restaurant and Catering Business for Sale in Roorkee

Listing ID: SL003465
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

This Profitable Business was setup in July 2017. This is a 2 storeyed restaurant located at a prime location in Roorkee with almost 25-30k people living in the vicinity. This attracts a large number of students as there are a large number of Educational institutions in the surroundings and they serve affordable thalis which are very popular. Their catering business is also getting famous and receiving great reviews from customers.
The built-up area of the Premise is 2700 sq.ft and is owned by the promoter. The current valuation of the land is almost 1.2Cr. The seating capacity of the restaurant is 50 which can be increased. Currently, 12 people work over here. They receive more than 100 customers in a day. They are mainly popular for their thalis but they also serve Chinese cuisine as well. The restaurant is fully air conditioned and there is no competition in the surroundings.
The turnover for last month was almost INR 4.5 Lakhs with a margin of more than 35%. Due to health issues, the promoter has to sell this off. The Asking price of the restaurant including the land and catering business is INR 1.7Cr(Negotiable)

Reason

Health Issues

Keywords

Business Tags

Good customer base Good Customer footfalls Good Location High Potential Very Popular Wide area of Land

₹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 Team

You may also like

Frequently 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 works

Note: 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?
Most of the above questions should be answered when you are evaluating any business opportunity for acquisition/investment.

What support can I expect from IndiaBiz?

If you have any queries or need help, our team is here for you! You can email us at [email protected]
Our Advisory team also provides support related to business valuation, business plan documents, and franchise expansion plans at a fee. Contact our sales team for more details based on your requirements.

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.