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Established Authentic North Indian Restaurant In Bangalore For Sale

Bangalore, Karnataka, India
Asking Price:
$250K - $500K (USD) Inventory / Stock included
Turnover:
$500K - $1M (USD)
Net Profit:
$50K - $100K (USD)

A profitable authentic North Indian restaurant serving food and beverages to corporate and retail customers by dining in and by online delivery. The restaurant has a 200 seating capacity spread over 7800 SQFT carpet area on the 2nd floor in an approved commercial building on Sarjapur Road, Bangalore, with a huge corporate and retail catchment within 3-5 km. Established promoters with multiple brands all over India. The business is self-funded and with profits. No outstanding loans or creditors.

It's a fully running business with a state-of-the-art kitchen, royal ambiance with top-quality furniture, fixtures, ACs, etc. A full operational team of 40 employees is working in the restaurant. All licenses are valid. An ideal plug-and-play setup.

Property Information

Real Estate:

Lease

Lease Terms:

2 years remaining lease and further 9 years extendable

Leasehold Rent:

$80,000 (USD) per annum

Living Accommodation:

10 rooms accommodation is provided to the staff

Location:

Sarjapur Road Bangalore with huge corporate and retail catchment within 3-5 kms.

Premises Details:

Carpet Area 7800 SQFT on 2nd Floor in an approved commercial building. The restaurant has 200 seating.

Size in square feet:
Carpet Area 7800 SQFT
Planning Consent:

Approved commercial building

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

It's an established 8 years old brand, hence huge opportunity to expand in Bangalore to another 5-6 more outlets as there's a big gap in Authentic North Indian restaurants in the city.

Competition / Market:

There are 2-3 North Indian restaurants on Sarjapur Road but they are not in our format.

Reasons for selling:

Founders are relocating to other territory.

Trading hours:

11AM to 11:30PM

Employees:
40
Years established:
8

Other Information

Support & training:

Handholding and full transition support by current stakeholders for 3 months

Furniture / Fixtures value:
$120,000 (USD)
Inventory / Stock value:
$10,000 (USD) - included in the asking price