Famous Biriyani Restaurant Chain for Sale in Bangalore
Product / Service
This popular chain of restaurants was set up in 2015. This is a private limited entity. There are 5 outlets of this restaurant - 3 in Bangalore,1 in Hosur and 1 in Shoolagiri. All the outlets are in Prime commercial locations. They are popular for their Special Biriyani which is a rage among regular customers. They are extremely popular on social media as well and have received excellent reviews on various portals like Zomato etc.
The average area is generally 2500 sq.ft except one of the outlets which is of 800 sq.ft. All the outlets are on lease with the total monthly rent of INR 7 Lakhs. They have 80 staff members including managers at each outlet. The average footfall combined is approx 1000 per day. They also provide catering services in major corporate and social events.They have all the required licenses and approvals.
The average revenue of the last financial year was INR 7.07 Cr with a EBIDTA margin of approx 15%. Nearly 20% of the revenue is generated from their catering assignments. Since the promoter is moving abroad,they are looking to sell this profitable business. The Asking Price of this business is INR 4Cr(Negotiable)
Reason
Relocating Abroad
Business Tags
₹10 to ₹200 Cr
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