Reputed Bakery with Banquet Hall for Sale in Hyderabad
About Business
This profitable business was started in Jan 2017. This is located at one of the main roads adjoining the cantonment area. They have peaceful and serene surroundings. They have a lot of residential colonies in the vicinity. They have established themselves as a brand name in a short span of time. It is known for its ambiance. Their North Indian sweets are a rage and they get a lot of appreciation for that.
The area of the premises is 2000 sq.ft with a monthly rent of INR 3.1 Lakhs. Currently, 12 people work over here. This is built in 2 floors. The ground floor serves as the bakery and the seating area while the first floor houses the banquet hall. They also have a cake room and an open kitchen on the roof. The seating capacity is 35. They mainly serve Pizza, Burgers etc along with Icecreams and coffee of different varieties. They have cakes, pastries and a large variety of North Indian sweets in the bakery. They have hosted more than 10 major parties / corporate events in the Banquet Hall till now.
They are highly rated on various online portals like Zomato etc. and also provide home delivery services.
The revenue per month range from INR 10-15 Lakhs with a margin of more than 40%. Since the promoters are based abroad, they are not able to concentrate on this business and are hence looking to sell this off. The Asking price is INR 1.5Cr(Negotiable)
Reason
Owners living abroad, not able to devote time
Keywords
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₹10 to ₹200 Cr
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