Listing Details : LB-11057

Investment Required 2 Crs
Turnover N.A
Legal Entity Proprietorship
Category Restaurants & Cafes
Sub Category Restaurants
Business Listed By Business Broker

Overview

20000 Sqft. shell for bar and restaurant is available for Joint Venture with the spectacular view of sea. We are seeking funds to construct and ready to dilute Equity of 10% for the amount of 5.5 Crores. After the Investment we will start the construction and this will be one of the Biggest restaurant On East Coast Road. We ensure that the construction will be finished in 160 Days. Post Investment we have plan to serve Multi cuisine and will hire experts for this job. We have researched around the market and we are very confident that we will be able to attract many guests. We can ensure that we will be able to accommodate 700 people on non party days and 2000 on party days. With the additional 2.5 Crores we have plan to construct 20 rooms for stay.

Year of Establishment

2017

No. of Employees

5

Current Status of Business

Running Profitable

Business Relocatable

No

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Owned

Property Value

22 Crs

Property Classification

N.A

Describe Property

20000 Sqft. Land Area, and construction will happen on 15000 Sqft.

Proposed Deal Structure

10 % Equity dilution

Competition / Market

Not much competition as their is no other restaurant 70 Meter away from beach and of this size.

Products & Services

They have plans to run a successful restaurant and Bar near beach and 20 Rooms with additional investment

Growth Potential

Potential could be huge as the market can be very responsive to the attraction of a party place.

Financial Details

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