Restaurant at a prime location in Bangalore for Exit

Listing ID: SL007889
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

Multi-cuisine Restaurant

Clientele type

Corporate Professionals ,Families, online orders on Zomato and Swiggy

Premises

The premise is located at a prime location in the Electronic city phase 2. Leased Property,(Rs 5,50,000 Security amount and Rent Rs 60,000 per month). The carpet area is 2400 Sqft, 80 Seating Capacity,

Asking Price Includes

The complete setup and the brand name

Reason

Owner has the retirement plans and he wouldn't be able to continue the business now.

More Details

This restaurant business was started in 2015 and acquired by us on June 2019. The restaurant business used to make sales of INR 10 lakh per month earlier. This restaurant is not operational since April 2020 because of the pandemic. For the setup, the cost will be INR 25 lakhs and for the setup, deposit, space, brand name the cost is INR 45 lakhs.

Business Tags

dineout Eazydiner Swiggy Zomato

Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

You may also like

Ask Us Anything

To connect with the owner of this Restaurant is located at centre of IT hub of Bangalore ie Electronic city looking to sell business:
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
Before buying a Restaurant is located at centre of IT hub of Bangalore ie Electronic city looking to sell business, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].
Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.