Listing Details : LB-13740

Asking Price 30 Lacs
Turnover 1 Crs
Legal Entity Proprietorship
Category Restaurants & Cafes
Sub Category QSR
Business Listed By Business Owner

Overview

We are currently running a restaurant under a reputed brand name in Maharashtra. We have given a one-time payment of 56 lacs to get the authorization for this franchise. Every month, we are making a business of 5 lacs from our franchisees. We started our operations in 2021 on rental premises. The carpet area of our restaurant is 850 sqft. We serve a variety of pizzas both in veg and non-veg, shakes, mojitos, tandoori chicken wings, fries burgers etc. We cater to the natural Indian Taste and are popular with our clients. Annually we give a 4% royalty on our turnover to the parent brand. Currently, there is a 30Lacs loan outstanding on this business for which I'm paying 1.5 Lacs of monthly EMIs.

Year of Establishment

2021

No. of Employees

4

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

30 Thousand

Describe Property

N.A

Competition / Market

Huge Competition

Products & Services

Pizzas

Growth Potential

Fair

Reason For Sale

The agreement with the franchise is about to end the owner is not interested in continuing the business.

Financial Details

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