Listing IDBB000383 Asking PriceRs. 1 Crore - 2 Crore Last Year TurnoverRs. 0 Verification Status Pending

Business Details

A 3 star running restaurant in Medavakkam, Chennai serving Continental, Chinese and Indian food is for sale. The restaurant opened in December 2013 and has great interiors with centralized Air Conditioning, computer Wi-Fi and automated payment systems. Area of the restaurant: 3000 sqft. Total seating capacity is 90+ people. There are 30 employees working including different cooks for different cuisines. Revenue for the month of July, 2014 was around Rs. 5.5 Lakhs, expected to reach Rs. 7.5 Lacs from August. The restaurant has good potential to grow. The owners have actively started promoting the restaurant through various social media channels since a month. Investment made by the owners: Rs. 2 Crores (approx). The premise is currently rented. Rent Amount: Rs. 1.5 Lacs per month.

Total Views1057 Buyers Contacted7
Reason For SaleAs one of the partners is in Dubai and the owners have other businesses too, they are unable to monitor this one.
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryHotels, Restaurants & Food Services Sub IndustryPub, Bar & Restaurant
StateTamil Nadu CityChennai
Company TypePartnership Started in NA
Employees26-50 Employees Listing created byOwner

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