Listing Details : LB-17235

Asking Price 4 Crs
Turnover 3.2 Crs
Legal Entity Private Limited
Category Restaurants & Cafes
Sub Category Restaurants
Business Listed By Business Owner

Overview

Established in 2023, this barbecue buffet restaurant and banquet hall is located in a prime area of Warangal. Spread across two floors, the first floor houses the restaurant and the second floor features the banquet hall. Each floor has a carpet area of 5,800 sq. ft., with a combined monthly rent of ₹5 lakhs. The restaurant offers seating for up to 200 guests, while the banquet hall can accommodate 500 people, making it ideal for large gatherings and events. We serve both vegetarian and non-vegetarian barbecue cuisine, catering to a wide range of customer preferences. The business is also partnered with Swiggy and Zomato for online food delivery, ensuring additional revenue streams. With strong footfall and a growing customer base, this is a turnkey opportunity for anyone looking to enter the food and events industry.

Year of Establishment

2023

No. of Employees

35

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

5 Lacs

Describe Property

N.A

Competition / Market

The presence of existing and potential competitors poses a threat to Food On Fire’s market share and profitability. The company must differentiate itself to remain competitive

Products & Services

UNIQUE Only Restaurant in Warangal with Barbeque Buffet concept for the first time in a second biggest city in Telangana ,First unique concept restaurant in Warangal with 70+ items with a reasonable cost per plate.

Growth Potential

By capitalizing on opportunities like the city's growth, proximity to shopping malls and student areas, and the introduction of an elite bar setup, the company can mitigate threats and position itself for sustainable growth in the competitive food industry.  Food unique On Fire has several strengths, such as its offering, prime location, and experienced staff, which provide a strong foundation for success. 1. Allocate funds for digital and social media marketing campaigns to increase brand visibility and attract more customers. 2. Increase manpower to meet the demands of business growth and ensure efficient operations.

Reason For Sale

As the owner has permanently relocated to the USA, the company's directors reside abroad and are unable to dedicate sufficient time to its operations. Therefore, we are looking to either fully sell the business or offer a 49% stake for a ₹2.5 crore investment at the earliest. A full sale is preferred.

Financial Details

Contact Business