Profitably Running Chinese Restaurant for Sale in Chennai

Listing ID: SL006035
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

Chinese restaurant serving Veg & Non-veg foods. We serve authentic Chinese & Thai cuisine.

Clientele type

Most of the customers are from IT industry which is situated opposite the street. restaurant is listed in Swiggy, Zomato, Uber and Food panda

Premises

Marketing through newspaper inserts and through various diner apps.

Asking Price Includes

Complete interior, furniture's, kitchen equipment's, Freezers, Coolers, Computers with POS renewed, Central AC with additional split AC, all the asset worth INR 40 lakhs, Security deposit INR 10 lakhs

Reason

Owner relocating overseas and selling the business at very low price

Other Details

42 seat Posh Restaurant situated in OMR and opposite to IT parks enjoying regular local and overseas customers with no competitors.
Business has good potential for growth as many IT companies are located opposite the restaurant. Buyer can continue with the existing franchise or use his own brand. Introducing Japanese and other Asian exotic foods may increase sales tremendously. Full team of chefs, waiters can be retained. They are listed on Zomato, Swiggy for online ordering. Daily customer footfall is 60 and on weekends it goes up to 80 .
Monthly rent is INR 75,000, security deposit paid is INR 10 lakhs.
Monthly revenue is INR 5.5 - 7 lakhs and net profit margin is 20%.
Asking price is INR 32 lakhs. (Negotiable)

Keywords

₹10 to ₹200 Cr

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