Restaurant and Lounge Business Raising Funds In Kanpur
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This multifaceted establishment boasts a diverse range of services, encompassing a hookah lounge, restaurant, and discotheque. Patrons can savor a menu that caters to both vegetarian and non-vegetarian preferences, featuring an array of culinary delights spanning Continental, Chinese, and Indian cuisines.
Clientele type
Their customer base spans a broad spectrum of demographics, with a significant preference for individuals who appreciate alcoholic beverages.
They consistently achieve a commendable daily sales volume of around 15,000 INR on weekdays, with additional revenue streams stemming from party bookings, which average around 20,000 INR per booking.
Premises
LEASED
Lease per month (in INR): 85.00 K
Security Deposit (in INR): 1.23 L
Carpet Area: 1,500 sq ft
This business is nestled in the upscale district of Kanpur, enveloped by an array of high-end bars, fine dining restaurants, and various other entertaining establishments.
Asking Price Includes
The asking price includes a 49% partnership stake, which encompasses part-ownership of all assets and a share in sales profits.
Reason
Need a partner to manage operations of the business, effectively.
Other Details
The team is composed of a well-structured staff, including 1 manager, 1 floor manager, 3 captains, 3 chefs, and 2 housekeeping personnel.
The promoter's primary objective is to find a working partner, however, if someone is interested in completely acquiring the business, then the terms can be discussed.
They currently manage the business during the daytime, but due to their nightshift commitments as a software developer, it has become exceedingly difficult to handle both responsibilities effectively.
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₹10 to ₹200 Cr
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