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Listing ID: 1008
Total Viewed: 9610
Last Refreshed: 03/01/2019

Dine In Restaurant For Sale In Prime Locality In Kormangala - Bangalore

Karnataka, Bangalore Rural

Asking Price : INR3,000,000

Revenue: INR500,000

Cash Flow: INR2,000,000

Payable: Not Disclosed

Established: 2012

Gross Profit: INR25,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: INR25,000

Liability: Not Disclosed

FFE: INR2,000,000

Staff: 11

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
Exiting the restaurant business
Business Description
We are a restaurant made in 1500 square feet area including kitchen and this restaurant is conditioned place. This restaurant is currently serving Indian and oriental cuisines, with very good palatable taste for the customers with a good ambiance.
We are located in a prime locality in Bangalore and that is Kormangala and the restaurant is located in prime locality of kormangala and that is 7th Block.
This restaurant is started 2 years back and created its presence in the marker for good Indian and Chinese food with good Andhra Style Pulao. Currently doing a business of 5 lakhs and with a overhead of Rs 2.5 Lakhs only.
Since we are for a technology business we are unable to bring down the price of the food and bring new dishes to attract new customers and our focus id coming down as we are very busy in making mobile applications.
We have taken a call to exit the restaurant business.     
Business Operations
Business Hour:
12 pm to 4 pm and 7 pm to 11 pm
Preferred Skills:
Any one with restaurant back ground and good financial stability.
Supporting and Training:
Yes can be extended
Staff:
10 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
15000sqft
Rental Fee:
INR83
Rental Deposit:
INR1,000,000 (included in selling price)
Lease Term:
7 years
Premises Detai:
This premises is in ground floor of a 4 floors building, with a good visibility from the road.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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