Newly Established Restaurant Looking for Sale/strategic Investment
Product / Service
This business was started in 2018. This is a sole proprietary business with a 1 active promoter. This is located at a prime commercial place with a lot of offices in the vicinity.
The area of the premises is 400 sq.ft with a monthly rent of INR 20k. This is a multi cuisine restaurant which serves North Indian,South Indian and Chinese cuisines. They are particularly well known for their Andhra cuisines. They are in the process of getting listed with Zomato and other online portals.They receive catering orders from time to time but they are not able to serve them currently. They are in talks with some corporates for catering services.
Since one of the promoter is facing health issues,the other promoter is not able to manage this restaurant single handedly. They are open for both complete exit and strategic investment. The Asking price for complete exit is INR 6 Lakhs. The details regarding strategic investment can also be discussed with the promoter.
Reason
Management Issues
Keywords
Business Tags
₹10 to ₹200 Cr
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