Multi-Cuisine Restaurant for Sale in Chennai

Listing IDBB000383 Ticket Size1 - 2 Cr. Last Year TurnoverAvailable on request Verification Status Pending
  • Multi-Cuisine Restaurant for Sale in Chennai

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.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views1232 Buyers Contacted7
IndustryPub, Bar & Restaurant LocationChennai
Business TypePartnership Started in NA
Transaction TypeAll Options Last Active2+ months ago
ReasonAs one of the partners is in Dubai and the owners have other businesses too, they are unable to monitor this one.

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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