Listing Details : LB-18438

Asking Price 65 Lacs
Turnover 1.4 Crs
Legal Entity Private Limited
Category Restaurants & Cafes
Sub Category Pub & Lounge
Business Listed By Business Owner

Overview

This fully operational bar and restaurant, established in 2021, is available for sale on lease in Noida, occupying the first and second floors. The property boasts a carpet area of 2400 sq ft, with the restaurant and bar areas each measuring 1200 sq ft. It has a seating capacity of 72 and employs 16 staff members. The business operates from 11 AM to 12 PM and offers ample parking. Financially, the business reports monthly sales of ₹ 12.5 lakhs. Key expenses include a monthly rent of 3.50 lacs (with a 10% escalation clause), a 50K electricity bill, and 2.60 lacs for salaries. The liquor license costs between 15 and 15.15 lacs and is renewable annually. The business is listed as profitable, has an online presence, and is in full operational status. This presents a turnkey opportunity for a prospective owner to acquire a ready-to-run establishment.

Year of Establishment

2004

No. of Employees

10

Current Status of Business

Running

Business Relocatable

No

Property Type

Leased

Rental per Month

3.5 Lacs

Describe Property

N.A

Competition / Market

yes, there is the competition

Products & Services

We are serving European, Asian, pizza, biryani, Chinese, & alcoholic beverages, beverage etc.

Growth Potential

High potential growth

Reason For Sale

Moved for abord

Financial Details

Contact Business