Restaurant for sale on Food Street in Boat Basin | Restaurants
Food Street, Boat Basin Clifton Karachi - Karachi- Business CategoryRestaurants
- Business Established Year2015
- Revenue Per Month1,200,000
- Monthly Profit350,000
- Number of employees5 to 10
- Property valueN/A
- Property RentN/A
- Asset include:N/A
- Asset Value:N/A
- Current ConditionRunning
- Demand7,500,000
- AddressFood Street, Boat Basin Clifton Karachi
Description
Opportunity Overview This restaurant, a staple for authentic Pakistani cuisine and BBQ in Boat Basin, offers a unique asset sale opportunity. It includes a comprehensive inventory of kitchen equipment, dining furniture, operational licenses, and permits essential for a seamless transition to new ownership. Positioned for growth, the establishment is ready for an investor to capitalize on its prime location and operational groundwork. Key Highlights - Prime Location: Set in the high-footfall area of Boat Basin, ideal for maximizing customer reach. - Ready-to-Operate: Includes all necessary assets for immediate operation, from kitchen hardware to dining essentials. - Flexibility: Offers the new owner the opportunity to introduce a new dining concept. - Growth Potential: Significant opportunity to enhance revenue through focused management and strategic marketing. Sales Performance Overview The restaurant has been operational for over 6 years. The restaurant’s financial journey over the past year is highlighted below: - Jan-Apr 2023: Rs. 800,000 – Rs. 1,000,000 (under supervision) - May-Oct 2023: Rs. 550,000 – Rs. 800,000 (reduced oversight) - Sep 2023-May 2024: Rs. 1,200,000 – Rs. 1,800,000 (heightened supervision) Fixed Costs Breakdown Maintaining a transparent overview of our expenses, the monthly fixed costs include: - Rent: Rs. 180,000 - Salaries (Staff): Totalling approximately Rs. 185,000, encompassing roles from Head Chef to Dishwasher. - Utilities and Misc.: Varied. Contributing to an overall fixed cost range of Rs. 380,000-Rs. 455,000 per month. Growth Projections - Revenue Potential: Exceed Rs. 1.5 crore annually with improved management. - Expansion Opportunities: Launch delivery services via FoodPanda, potentially adding Rs. 90+ lakhs annually. Reasons for Selling Moving. Next Steps Interested parties are encouraged to contact Mr. Sohail for more detailed information, to arrange a viewing of the premises, or to discuss the proposal further. We are committed to a transparent and straightforward sale process, aiming for a win-win outcome for both the seller and the buyer. Terms and Conditions The sale is proposed as an asset sale, focusing on the physical and operational assets of this restaurant. Only serious prospective buyers are invited for a detailed discussion regarding the assets, the operational framework, and the potential for future growth. The transfer of licenses and permits will be subject to regulatory approval, with assistance provided to ensure a smooth transition. Contact Information Business Transfer Agent Mr. Sohail +92 303 2230239 Corporate Estate Services