Reputed Restaurant Business Looking for Investment in Hyderabad

Listing ID: SL003556
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

This profitable business was established in 2016. This is one of the most well reputed South Indian restaurants in Hyderabad. It is situated at one of the IT hubs in the city which is densely populated.
The area of the premise is 3000 sq.ft with a monthly rent of INR 3 Lakhs. Currently, 25 people work over here. The seating capacity is 72. They serve more than 150 customers in a day at an average. They mainly serve South Indian and Andhra cuisines. They are well known for their Andhra cuisines. They also provide catering services for corporate events and parties etc. They are active on social media and are highly rated on major portals like Zomato etc.
The revenue of the last financial year is INR 1.2Cr with a profit of INR 12 Lakhs. The promoter is looking for equity investment for diversification. They are interested in opening more outlets and creating a brand name. The Asking price is INR 60 Lakhs(for investments). They are also open for outright sale which can be discussed with the promoter.

Reason

Diversify

Business Tags

Good customer base Good Customer Footfall Good Location Good reputation Strong online presence Very Popular

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