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  5. SL004382
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Petoo Outlet for Sale in Bangalore (A Qsr Restaurant Franchise)

Listing ID: SL004382
Posted By: Owner
Last Active: 1+ year ago
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About Business

The Petoo Outlet in CV Raman Nagar Bangalore is for sale. Its a franchise of one of the well-known brands named PETOO. It is a Multi cuisine dine-in restaurant which can accommodate a seating space of 35 people. The area measurement is 850 sqft in total out of which 650 sqft space is operational (Rest covers washroom, storage and a room behind the kitchen which can be used as office cabin for the owner to sit and relax). The total monthly rent is INR 50,000 (Including GST). The business was started in 2018 and has started generating revenue from the first month itself. The average daily footfalls is up to 20 orders during weekdays and around 30-35 orders during the weekends. The marketing activity is being carried out well by the team of skilled marketing professionals from Petoo itself. It was advertised on FM Radio as well. Petoo also organizes different fun activities between every Friday to Sunday to attract more customers and also provides surprise coupons to the returning customers hence increasing the customer base. There are 2 salaried employees working in the restaurant which are sufficient to carry out the daily operations. It is already having strong ratings on Zomato, Fooodpanda, Swiggy and Ubereats. As a brand there are around 15 outlets (13 in Bangalore, 1 in Hyderabad and 1 in Varanasi) but only one of the outlet is available for sale in Bangalore. The Asking price is INR 35 lakhs (negotiable). The price includes all the fittings and fixtures, business and the refundable security rent deposit of INR 4.5 lakhs which will be refunded by the place owner at the time of exit from the premises.

Reason

Owner is moving out of Bangalore hence unable to manage

Keywords

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Business Tags

bengali restaurant Brand Brand name business ready for sale cuisine Emerging Brand Famous Brand Famous Brand Franchise fine dine Restaurant Fine-Dine Restaurant food franchise oulet FOR SALE franchise Full-Fledged Operational Fully Functional Fully functional kitchen Fully Operational Good Average Customer Footfalls Good Customer Footfall Good Customer footfalls Good Location Good Market Reputation Good Sales Growing Sales growth in sales High Custom Footfall high customer footfall High Customer footfalls Increasing Customer Footfalls Indian cuisine restaurants Large Customer Footfalls Location Advantage multi cuisine multi cuisine restaurant multi cuisine restaurants Multi-Cuisine multi-cuisine restaurant Multicuisine Restaurant Multiple shops at various locations Multiple stores at various Location North Indian Cuisine franchise restaurant North Indian Cuisine Restaurant PAN Asian cuisine Premium Location Prime Location QSR QSR business QSR Facility QSR Services ready ready to move-in facility Renowned Brand renowned franchise resale restaurant sale smooth operations Spacious Spacious set-up Very Well-known Brand well maintained operations well marketed Well-known Brand Well-known established Brand Well-known Franchise Brand Well-recognized Brand

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a Petoo Outlet for Sale in Bangalore (A Qsr Restaurant Franchise), check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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