Multi-Cuisine Restaurant Raising Funds In Mumbai

About Business

The business runs a casual dining restaurant that offers a mix of vegetarian and non-vegetarian dishes from various cuisines. It aims to provide familiar flavors with a modern twist, all in a comfortable and welcoming setting.

Location
The restaurant is located in a well-known, busy area of Mumbai that draws a mix of residents, working professionals, and visitors. Over time, it has developed a loyal base of repeat customers and receives high ratings on online platforms.

Dining Setup
The space is designed for a relaxed and stylish vibe, perfect for casual dining. The restaurant seats about 65 guests, enabling it to serve both dine-in customers and delivery orders effectively.

Menu and Offering
The menu features a range of dishes from different cuisines, including both vegetarian and non-vegetarian options. Some dishes have gained popularity among regular customers, leading to repeat orders.

Revenue Mix
The business earns money from dine-in customers and online food delivery services. Currently, around 20% of sales come from walk-in and dine-in guests, while approximately 80% comes from online orders and delivery channels.

Market Position
With consistent food quality and customer service, the restaurant has built a solid reputation in its local community and continues to attract both new and returning customers.

Clientele type

The restaurant primarily attracts affluent local residents from nearby premium neighborhoods who are looking for a quality neighborhood dining experience.

It also draws food enthusiasts who are interested in trying creative dishes and unique menu offerings, especially those that stand out in presentation and taste.

A significant portion of the customer base includes young professionals and individuals from creative industries who prefer a relaxed and stylish setting for casual dining, social meetups, or evening outings.

In addition, families and small social groups frequently visit the restaurant to celebrate occasions or enjoy a comfortable meal together in a welcoming environment.

Premises

LEASED

Lease per month (in INR): 2.55 L

Security Deposit (in INR): 10.00 L

Carpet Area: 1,300 sq ft

Asking Price Includes

An investment opportunity is being offered with 20% equity in the new restaurant entity in exchange for an investment of ₹2 crore.

Asking Price

INR 2.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The opportunity focuses on unlocking the full potential of an already successful and profitable restaurant concept that has so far operated under certain limitations. The promoters are planning to expand by opening a new restaurant in Goa, with a premises in South Goa currently close to being finalized.

Licenses

FSSAI license, Health Department license, and Fire Safety NOC.

More Details

The business was recognized with the Emerging Casual Dining award at the 2024 NDTV Food Awards.