Famous Restaurant Brand for Sale with Outlets in Bangalore and Kochi
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This Popular brand was established in 2016. They have outlets currently in Kochi and Bangalore.
Kochi Outlet : This outlet was established in 2016. It is located at one of the most prime locations in Kochi. They are a reputed and trusted brand and have a huge clientele. The area of the premise is 1600 sq.ft with a monthly rent of INR 60k. Currently, 14 people work over here. They serve authentic Kerala and Mangalorean cuisine. The seating capacity is 60. They serve more than 80-100 customers in a day at an average. They are listed on Zomato and have received great reviews. They are one the most famous restaurants in Kochi. They also provide catering for major corporate events and parties.
Bangalore Outlet : This outlet was established in Feb 2017. It is located at Electronic city which is one of the major IT Hubs in the city. They have AC as well as Non AC sections. There are just 3-4 well established airconditioned restaurants in this area thus there is not much competition and the market size is huge. The area of the premise is 2000 sq.ft with a monthly rent of INR 65k. Currently, 10 people work over here. They serve authentic Chinese,North Indian, and Tandoor along with their specialty i.e Kerala and Mangalorean cuisine. The seating capacity is 70. They serve more than 60-70 customers in a day at an average. They are listed on Zomato, Food Panda etc. and have received a positive response till now. They also provide catering for major corporate events and parties.
The monthly revenue of the Kochi outlet is around INR 7.5 Lakhs while that of Bangalore outlet is INR 6 Lakhs. The net profit margins are generally 20-25%. Since the promoter is not able to manage both at the same time, he is looking to sell the Bangalore outlet off. The Asking price of the Bangalore outlet is INR 30 Lakhs. The Promoter is also open for selling both outlets. The Asking price for both outlets is INR 80 Lakhs(Negotiable)
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₹10 to ₹200 Cr
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