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Listing ID: 1008 Last Refreshed: 23/04/2019 Total Views: 9768

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

Karnataka - Bangalore Rural

Asking Price: 3,000,000
  • Premise Type N/A Premise Size 15000sqft
  • Monthly Rental ₹83 Rental Desposit N/A
  • Revenue ₹500,000 Cash Flow ₹2,000,000
  • Gross Profit ₹25,000 Net Profit ₹25,000
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE ₹2,000,000*** Established 2012
  • Owner Role Full Time Staff 11
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Ravi Jagannath
Email Owner

Reason For Sale

Exiting the restaurant 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 Operation

12 pm to 4 pm and 7 pm to 11 pm
Business Hour
Yes can be extended
Supporting and Training
Any one with restaurant back ground and good financial stability.
Background & Skills

Property Information

Rent
Premise Status
7 years
Lease Term
This premises is in ground floor of a 4 floors building, with a good visibility from the road.
Premises Details
Email Owner
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