A Profitable Pub / Restro-Bar for Part Sale in Prime Location in Bangalore

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Listing IDSL000619 Ticket Size50 Lakh-1 Crore Last Year TurnoverAvailable on request Verification Status Pending

Business Details

A beautifully constructed restro-bar / pub is looking for investor who can purchase 15-25% part of the business. The development of the pub started in May 2014 and it was launched in mid-December 2014, making a news in local edition of one of the most prominent English newspapers in India. The restro-bar is located in Indiranagar on 3rd and 4th floor (terrace) of the building, covering 6000 Sqft. space including dance floor and the bar area. The ambience is very much contemporary classic European style and serves contemporary European cuisines and a few Indian dishes. Revenue in January 2015 was ₹ 22 Lacs. Rent of the place: ₹ 3.5 Lacs. Employees: 29 - including kitchen staff, chefs, security guys, bartenders and other staff members. Currently 3 partners who have invested a total of ₹ 3 Crores in the business. Due to overheads to be cleared, need investment. For 1% stake, ₹ 3 Lacs to be invested. 15-25% stake for sale.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views4724 Last Active2+ months ago
IndustryPub, Bar & Restaurant LocationBangalore
Entity typePartnership Started in NA
Transaction TypeInvestment Employees26-50
ReasonFunds required for business operations

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Verification of the listing does not imply that Asking price reflects the valuation of the business

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