Well Established Restaurant for Sale in Vadodara

Listing ID: SL004147
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

This 75 seater restaurant was established in Feb 2017. It is located at a prime commercial place near Vadodara Station. This is a partnership business with 3 active partners currently. This has already created a strong customer base and is very popular in the city.
The area of the premises is 2300 sq.ft with a monthly rent of INR 1.1 Lakhs. They currently serve Indian cuisines and are looking to add other cuisines in the menu too. They have a staff of 22 people including a manager. They provide home delivery through online and direct means. They are also active on social media and have received great reviews on various online portals like Zomato etc. They also receive orders for catering in various social events in the city.
The Revenue of the last financial year(Feb to Feb) was INR 85 Lakhs with a margin of approx 20%. Since the promoters are also involved with other ventures they are not able to provide sufficient time for this restaurant.Therefore,they are looking to sell this off. The Asking price is INR 50 Lakhs(Negotiable)

Reason

Busy with other ventures

Keywords

Business Tags

Good customer base Online Ordering facility Prime Commercial Location Scope of Expansion Well-Trained Staff

₹10 to ₹200 Cr

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