Reputed Qsr Franchise Outlet for Sale in Chennai
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This profitable Restaurant was established in Dec 2014. It is located at one of the main roads in the heart of the city. There are residential as well as commercials hubs surrounding the outlet. There are more than 10 educational institutions in the vicinity. This is an outlet of a very famous brand with more than 100 outlets presently. They have a presence all over South India.
The area of the premise is 800 sq.ft with a monthly rent of INR 42000. Currently, 5 people work over here. The seating capacity is 35. They serve fried chicken, burgers, wraps, sandwiches etc. They are active on social media and rated highly on various portals like Zomato, Food Panda etc. They receive more than 15 orders through these platforms per day. The footfall is generally around 70-80 per day.
There is no royalty or profit sharing involved since it was a one-time payment arrangement with the parent franchise. The turnover of the last financial year is INR 30 Lakhs with a profit of INR 10 Lakhs. Since the promoter needs funds for his other venture, he is looking to sell this off. The Asking Price is INR 25 Lakhs(including 5 Lakhs property deposit)(Negotiable)
Reason
Funds needed for another venture
Business Tags
₹10 to ₹200 Cr
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