Cloud-Kitchen cum Restaurant is looking for Investment in Chennai

New

Joint Ventures

Restaurants & Cafes

21-12-2024

Listing Details : LB-15536

Investment Required	1.5 Crs
Turnover	1.2 Crs
Legal Entity	Proprietorship
Category	Restaurants & Cafes
Sub Category	Restaurants
Business Listed By	Founder

Contact Information

Overview

A well-established restaurant, operational since January 2024, is now available for sale. The restaurant is fully furnished and covers a carpet area of 1,000 sqft, with a rental cost of ₹37,000 per month. It specializes in Indian, South Indian, and nutritious cuisines, offering healthy meal options. The business has a strong customer base, catering to over 500 active clients across Chennai. In addition to dine-in services with a 500 sqft area and a seating capacity for 20 people, the restaurant operates a dedicated delivery team with 5 vehicles, covering 64+ locations across the city. It is available online via Swiggy and Zomato, expanding its reach. The team consists of 12 kitchen staff, including a certified nutritionist, and 12 delivery personnel. With a turnover of ₹1.2 crore and a healthy profit margin of 30%, this restaurant presents a lucrative investment opportunity. The asking price is ₹1.5 crore, with potential for further growth through app and website development, as well as expansion into Bangalore and Pune, and launching a food subscription management service.

Year of Establishment

2024

No. of Employees

Current Status of Business

Closed

Business Relocatable

Yes

Purpose of Joint Venture

N.A

Role of New Partner

Active

Property Type

Leased

Rental per Month

N.A

Proposed Deal Structure

1.5 Cr for 49% Equity60 L for 20% Equity32L for 10% Equity

Competition / Market

Direct Competitors FreshMenu: Offers a wide range of ready-to-eat meals with delivery services. EatFit: Focused on healthy and nutritious meals, catering to fitness enthusiasts and those with dietary needs. Calorie Care: Specializes in calorie-counted meal plans for weight loss, muscle gain, and medical diets. The Whole Truth Foods: Provides clean-label, nutritious meal options for health-conscious consumers.