Restaurant for Sale in Chennai, India
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This Business is on a Premium Plan| Established | 2001 (25 years) |
|---|---|
| Employees | 5 - 10 |
| Run Rate Sales | NA |
| EBITDA Margin | Nil |
| Locations | Chennai |
| Listed By | Business Owner / Director |
| Status | Active |
BUSINESS METRICS
Full Sale
Asking Price: NA
Reason: - The partners plan to retire and hand over the business while it’s performing well.- We believe the valuation is fair given the existing turnover, as we’re handing over a profitable business complete with unique menu and recipes that can’t be replicated or recreated, which have built strong customer satisfaction, goodwill, and reputation. It also comes with trademarked elements and significant intangible value.
Name, Phone, Email — Available after connect
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- Business is a popular fusion continental restaurant located in Chennai, thriving for 24 years, with a reputation for sizzlers, steaks, pastas, and desserts.
- The menu is creatively crafted in-house, featuring unique dishes of steak and of mushroom & Corn, making it difficult for others to replicate.
- Business caters to an up-market crowd, with a typical bill averaging around INR 1800 for two people, providing a casual yet upscale dining experience.
- With a seating capacity of 54 pax and 15 tables, we primarily focus on dine-in customers but also offer delivery options through aggregators like Zomato and Swiggy.
- The average daily orders range from 20 to 25 on weekdays and peak at 35 to 50 during weekends, showcasing our strong demand.
- The revenue model boasts a healthy 66% gross margin, with around 80% of our customers being walk-ins and 15% ordering online.
- Awarded as the Best Sizzler Restaurant in Chennai 10 years ago, we have been featured in renowned publications like India Today and Outlook, gaining significant recognition.
- While we previously had a presence in Bengaluru and Coimbatore, we are currently focused on our operations in Chennai, ensuring quality and consistency.