Sold

Products/Service

They serve Hyderabadi cuisines, Biryanis & North Indian.

Clientele Type

General eaters

Premises

For online ordering, they have tie-ups with Zomato, Swiggy, Food Panda

Asking Price Includes

20% stake in the Entire set up with 3 months running expenses

Reason

One of the partners is moving abroad

Other Details

Well known franchise brand restaurant based in Kharadi, Pune that has been successfully running since Feb 2019. - This is primarily an online model but we also experimented by accommodating 12 covers in this restaurant. - On an average, we receive 50-70 customers / orders on a daily basis. - The Online to Footfall ratio is 70:30. - Daily revenue generated varies between INR 10,000 to 25,000. - It is a franchise of a well known biryani brand. - We pay 6% royalty and we still have 5 years 6 months to go before franchise license comes up for renewal. - Our restaurant has crossed INR 4 Lakh per month in sales and expected to cross INR 10 lakh - 12 lakh in next 5-6 months. - We need to expand this restaurant and raise the seating to 24-30 as a lot of customers go back seeing the restaurant full. - There has been a month on month increment on sales - We have a chain of 5 outlets in Pune - Kharadi, Magarpatta, Deccan, Wakad, and Hinjewadi. - We want to raise funds for this business, which has shown a lot of poise and promise since inception. - we serve Veg & non-veg starters, curries, biryani, breads, desserts. - we have opened 4 outlets in the last 5 months

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