Food Court Business Available For Lease/Sale In Chennai

Listing ID: BB025731
Posted By: Third party
Last Active: 5 days ago
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About Business

Food Outlet Business for Lease

The business is being offered for lease by four partners. It is situated on a prime main road, surrounded by five colleges, ensuring high foot traffic and visibility.

The property spans a total area of 23,000 sq. ft. Currently, 14 outlets are in operation, with the potential to expand to 20 outlets along with an additional rooftop space. The individual outlet sizes are as follows:

- 216 sq. ft – 10 outlets
- 335 sq. ft – 4 outlets
- 1,008 sq. ft – 3 outlets
- 80 sq. ft – 3 outlets

The property features open terrace dining equipped with tables and chairs, as well as private sitting cabanas on the first floor. Additionally, 3,500 sq. ft is available for common or shared use.

There is further potential for expansion, allowing the business to grow to 20 outlets, including the rooftop area.

Currently, the 14 operational outlets benefit from consistent customer traffic, driven by the strategic location near educational institutions and commercial hubs.

Clientele type

The business consists of food stalls serving customers of all age groups.

Premises

The entire property is currently leased.

Asking Price Includes

The business is available for a full sale at an asking price of ₹4 crore. Alternatively, if an investor prefers a lease, the monthly rental would be ₹3 lakh.

Reason

The property is currently leased, and the owners are looking for a new investor to take over the management of both the business and the property.

Business Tags

Food Court Business Available For LeaseSale In Chennai

₹10 Cr to ₹200 Cr

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  • 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?

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