Franchise Restaurant in Prime Location in MSR road is Looking for an Exit

Listing ID: SL008172
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
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Product / Service

North Indian, chats, Continental

Clientele type

all

Premises

The Rented Premises is located in a Prime Location in MSR road surrounded by college. It's 952 Sq.ft area with Monthly Rent is INR 50,000 and deposit paid INR 5 Lakhs.

Asking Price Includes

Business with all the equipments, franchise transfer & Premises deposit. (price will be negotiable)

Reason

transfer to Hyderabad

Other Details

This Franchise Business is started in April 2019.
The business is located in a very prime location in MSR road. there are nearly 5000 students around this place.
The restaurant is closed down few weeks back i.e. in Dec 2020, due to colleges were shut down.
They have a team of 6 employees with 10-15 years of experience/trained ready to be prepared anything.
The Restaurant is interiored by hand made paintings and other lighting stuff and has a seating capacity of around 35-40 pax., can be increased another 20 if wanted.
They are registered on Zomato, Swiggy, Magic pin, etc. getting daily 250 orders earlier.
Business was generating daily revenue of INR 20K to 25K before COVID.
They have paid Franchise cost of INR 5 Lakhs.
Looking for an Exit due to transfer to Hyderabad.
Asking Price is INR 25 Lakhs. (negotiable)

₹10 to ₹200 Cr

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