Very Well Furnished & Vibrant Multi Cuisine Restaurant for Sale in Bhiwandi

Listing ID: SL005075
Posted By: Owner
Last Active: 1+ year ago
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About Business

This Sole Proprietorship business is operational since December 2017. This restaurant enjoys a very reputable position in the market & is ideally located in a crowded locality, surrounded by Schools, College, and Railway Station. The restaurant is the best place for Parties, Fine dining, Corporate meetings, Express dining along with Music room and Catering facility.
They serve Punjabi, South Indian, Chinese cuisines and also fast food like Pizza, Pasta, Fries & Chats. They are well known for 'KATORI CHAT'.
Daily footfall is between 45-50 on Weekdays & 60-65 on Weekends. It has a sitting capacity of 100 people. Monthly rent is INR 55,000 and area of the premise is 1800 sq.ft. Number of employees working are 12.
The restaurant is listed on online platform 'Magicpin' for online promotion.
The turnover for FY 2017-18 was INR 30 lakhs & Net Profit margin is 40-50%. Asking price of the business is INR 20 Lakhs. (includes complete set up) (Breakdown - Interiors, furniture, Ambience, Lightings, AC INR 15 lakhs, Machinery, Equipment, commercial freezers, cutlery INR 10 lakhs )

Reason

Shifting another city

₹10 to ₹200 Cr

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