Running Fast Food Outlets For Sale In Panaji
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Product / Service
It is a fast food restaurant serving variety of pizza, pasta, rolls, sandwiches, mock-tails, and cold beverages.
Clientele type
80% of their sales come from online food platforms with 20% from offline customers. They have a national tie-up with Zomato and Swiggy.
Premises
LEASED
Lease per month (in INR): 1.35 L
Security Deposit (in INR): 6.50 L
Carpet Area: 850 sq ft
They have 2 outlets running:
- 1 outlet located in the Food Court of a mall in South Goa, in close proximity to 5 star properties, air BNBs and upcoming highway connecting North Goa to South Goa.
Largely Delivery with Dine in facility taken care of by Food Court Management. Movie Theatre and Kids Play Zone next door. Rent/month or Revenue Share – as per Buyers negotiation directly with Food Court Management. Rental Agreement to be reissued in March 2024.
- 1 outlet located in North Goa’s Tourist destination, close proximity to beaches, hotels, air BNBs, residential areas, party clubs and several famous eateries. Ground Floor with indoor and outdoor seating. Main road facing.
- Outlet is a 16-seat restaurant with attached bathroom, serving a variety of veg and non veg pizza, pasta, rolls, sandwiches, mocktails and cold beverages.
Rent-INR 1,10,000/month. The rental agreement is valid till 2025.
Asking Price Includes
Franchise Fees, Rental Deposits, Tangible Assets (All Kitchen Equipment, Stock, Dining Area Fittings, Signages) Intangible Assets (Licenses, Noc's)
Reason
The owners have multiple businesses and are not able to look after the outlets.
Other Details
They have a 7 member team and a manager looking after the operations of both the outlets. They have a well seasoned staff that contributes to great customer retention ratio. Due to time constraints the current owners are not able to tap the full potential of catering services and events.
Business Tags
₹10 to ₹200 Cr
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