Well Established Restaurant for Sale in Vadodara
Product / Service
This 75 seater restaurant was established in Feb 2017. It is located at a prime commercial place near Vadodara Station. This is a partnership business with 3 active partners currently. This has already created a strong customer base and is very popular in the city.
The area of the premises is 2300 sq.ft with a monthly rent of INR 1.1 Lakhs. They currently serve Indian cuisines and are looking to add other cuisines in the menu too. They have a staff of 22 people including a manager. They provide home delivery through online and direct means. They are also active on social media and have received great reviews on various online portals like Zomato etc. They also receive orders for catering in various social events in the city.
The Revenue of the last financial year(Feb to Feb) was INR 85 Lakhs with a margin of approx 20%. Since the promoters are also involved with other ventures they are not able to provide sufficient time for this restaurant.Therefore,they are looking to sell this off. The Asking price is INR 50 Lakhs(Negotiable)
Reason
Busy with other ventures
Keywords
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?