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Rs 7,500,000
Restaurant for sale on Food Street in Boat Basin, Clifton
Clifton, Karachi
2 weeks agoDetails
Price7,500,000
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: High-footfall area, maximizing customer reach.
- Turnkey Operation: Fully equipped with kitchen equipment, dining furniture, and all necessary licenses and permits.
- Flexibility: Potential to introduce a new dining concept.
- Growth Potential: Enhance revenue through strategic management and marketing.
Sales Performance
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. 900,000 (under supervision)
- May-Oct 2023: Rs. 550,000 - Rs. 700,000 (reduced oversight)
- Sep 2023-May 2024: Rs. 1,000,000 - Rs. 1,500,000 (heightened supervision)
Financial Details
- Monthly Rent: Rs. 180,000
- Monthly Salaries: Rs. 185,000 (staff from Head Chef to Dishwasher)
- Utilities & Misc. : Varied
Total Fixed Costs: 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.
Reason 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 aiming for a win-win outcome for both the seller and the buyer.
Contact Information Business Transfer Agent
Mr. Sohail
(View phone number)
Corporate Estate Services
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