Petoo Outlet for Sale in Bangalore (A Qsr Restaurant Franchise)
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The Petoo Outlet in CV Raman Nagar Bangalore is for sale. Its a franchise of one of the well-known brands named PETOO. It is a Multi cuisine dine-in restaurant which can accommodate a seating space of 35 people. The area measurement is 850 sqft in total out of which 650 sqft space is operational (Rest covers washroom, storage and a room behind the kitchen which can be used as office cabin for the owner to sit and relax). The total monthly rent is INR 50,000 (Including GST). The business was started in 2018 and has started generating revenue from the first month itself. The average daily footfalls is up to 20 orders during weekdays and around 30-35 orders during the weekends. The marketing activity is being carried out well by the team of skilled marketing professionals from Petoo itself. It was advertised on FM Radio as well. Petoo also organizes different fun activities between every Friday to Sunday to attract more customers and also provides surprise coupons to the returning customers hence increasing the customer base. There are 2 salaried employees working in the restaurant which are sufficient to carry out the daily operations. It is already having strong ratings on Zomato, Fooodpanda, Swiggy and Ubereats. As a brand there are around 15 outlets (13 in Bangalore, 1 in Hyderabad and 1 in Varanasi) but only one of the outlet is available for sale in Bangalore. The Asking price is INR 35 lakhs (negotiable). The price includes all the fittings and fixtures, business and the refundable security rent deposit of INR 4.5 lakhs which will be refunded by the place owner at the time of exit from the premises.
Reason
Owner is moving out of Bangalore hence unable to manage
Business Tags
₹10 to ₹200 Cr
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