Profitable Punjabi Restaurant for Sale in Goa
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The Punjabi restaurant managed by 2 partners from Airport Authority each of them having 50% stake. One promoter is from Goa and other is from Kerala. The restaurant is operational from February end 2018. The business is registered as a private limited firm and is located near Goa Airport. It serves both Veg & Non-Veg Punjabi cuisines and has a daily customer footfall of 60-65. The owner has also applied for Bar license. The restaurant generates daily business of around INR 30,000-35,000. Monthly sales of the restaurant are around INR 10 lacs with a net profit of INR 1.5 Lacs. Since the property is located near Airport, the business has huge potential to grow and can generate net profit up to INR 3 Lacs. Monthly rent of the property is INR 1.5 lacs and monthly maintenance of INR 20,000. The property is on lease agreement of 3 years with renewable clause and 5% increase every year. The partners have invested INR 50 lacs for furniture, ambiance and creating Brand Value.
The Asking price of the business is INR 28 lacs (including all set up).
Reason
One of the partner is unable to relocate to goa and wants to exit
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₹10 to ₹200 Cr
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