Restaurant and Pg Business for Sale in Bangalore
About Business
The running business started in the year 2018. The restaurant is located on ground floor and serves North Indian, continental cuisine. The restaurant has all required equipment such as a deep freezer, fridge and other amenities.
On 1st and 2nd floor, the promoter has started 28 bedded PG service with Food, wifi and other services. The promoter has collaborated with some colleges to provide PG services to students. Per month charges are INR 5500. Average occupancy is between 18 to 22 out of 28.
The premise is on lease and monthly rent is INR 85,000. Total area size of the premise is 6000 Sq ft. There are 8 employees working in the restaurant. Average monthly net profit is around INR 1 Lac+. The asking price of the business is INR 12 Lacs(which includes a refundable security deposit of INR 5 Lacs).
Reason
Financial debt
Keywords
Business Tags
₹10 Cr to ₹200 Cr
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