Lucrative Restaurant Seeks Funds For Expansion In Hyderabad
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About Business
The journey began as a cloud kitchen and tiffin service, offering a delightful array of biryanis. However, their culinary evolution reached a significant milestone on August 15th, 2023, with the inauguration of their very own restaurant. In the restaurant, they now proudly serve a diverse menu that includes a delectable range of dishes such as South Indian meals, biryani, pulao, and bagara rice. Additionally, their offerings extend to a variety of veg and non-veg curries, flavored rice, non-veg starters, juices, desserts, beverages, squash, khichdi, and more
Clientele type
Their customer base comprises residents from the nearby locality, corporate professionals, singles, as well as families. On any given day, they welcome a substantial daily footfall of 100-150 customers.
Premises
LEASED
Lease per month (in INR): 35.00 K
Security Deposit (in INR): 1.05 L
Carpet Area: 1,100 sq ft
The establishment is in a prime location that harmoniously integrates both residential and commercial elements, with a thriving corporate presence nearby. Currently, they have a seating capacity of 32 people.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Reason
They are seeking funds to support their expansion goals.
More Details
In the beginning, the owner strategically chose a second-floor location to minimize rent expenses due to limited funds. To their pleasant surprise, the business grew faster than anticipated, quickly outgrowing the available space and staff. Unfortunately, the owner had depleted their savings and couldn't afford to relocate the outlet to the ground floor. Now, they are seeking investment opportunities or potential partnerships to fuel the expansion and promotional efforts, and they are keen to collaborate with individuals who recognize the untapped potential of the business and are willing to invest in its growth. The Cloud Kitchen is operated from the same premise, and it receives approximately 50 orders in a day. Since the restaurant's grand opening on August 15th, 2023, they have achieved impressive sales exceeding 6 lakh Rupees, despite having been in operation for just over one month. They aspire to expand their seating capacity and have identified a suitable establishment that can comfortably accommodate 50-70 people at a time. However, they require financial support to secure the necessary rental for this new space.
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₹10 to ₹200 Cr
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