Upcoming Restobar Raising Funds In Ballari
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About Business
The proposed restobar will be a hybrid hospitality establishment combining the offerings of a full-service restaurant and a bar. It will serve complete meals alongside a wide selection of alcoholic beverages within a single, vibrant setting.
The concept will be positioned to offer versatility and a socially engaging environment, catering to patrons seeking a relaxed yet lively dining and drinking experience. It will aim to provide a more interactive atmosphere than a traditional restaurant while offering a broader food experience than a standalone bar.
The restobar is planned to feature a dedicated bar area, diverse seating formats, themed décor, and curated entertainment such as live music, all designed to create a distinctive and dynamic ambiance.
Format: Three-storey prefabricated restobar block with basement parking, plus an adjacent resort building, pool, cabanas, and landscaped gardens.
Land: 2,500 sq ft near Alipur, Ballari, estimated at ₹40 lakh (outright purchase, no lease/rent).
Build: Prefabricated modular construction of approx. 4,500 sq ft (3 floors) at an estimated cost of ₹20–40 lakh, engineered to standard building codes with a 50–100-year design life.
Clientele type
They will target the crowd aged 21 to 60.
Premises
The site is planned slightly off the city (around 1 km from the urban core) on a highway corridor connecting tourist spots, giving access to highway travellers, weekenders, and city residents seeking a quieter, pollution-free destination.
Asking Price Includes
The terms of the transaction will be discussed with suitable investors.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
They are raising funds to establish the restobar.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
