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Business overview
– A popular franchised sports bar offering dishes from various cuisines, with both vegetarian and non-vegetarian options.
Our franchise agreement with the franchisor is valid for five years, starting last year, with a mandatory one-year operating period under the brand.
After this mandatory period, we have the option to rebrand and operate under a different name.
We pay monthly royalties of 6%.
The establishment has seating capacity for 150 people.
As a sports bar, our main revenue is generated during live events and screenings, which leads to fluctuating daily traffic.
Although some days have higher attendance than others, we receive over 10,000 walk-in clients annually, including repeat customers and loyal corporate groups.
We have a strong presence on social media and are partners with Zomato and Swiggy for food delivery.
The bar has received several awards for best atmosphere, top-tier sports bar, and excellent customer service.
The promoter brings extensive experience in hospitality management, event planning, and strategic marketing.
– All necessary licenses and permits are in place, including the RVB license, FSSAI license, Fire NOC, health certificates, Shops & Establishment Act registration, and GST registration.
The owner resides in the USA and has provided their US contact number for all communications.
Product and service overview
Among the bar’s main highlights are live sports broadcasts, premium draft beers, and a variety of dishes, including popular appetizers and main courses. Our core clientele consists of sports enthusiasts, corporate groups, young professionals, and residents of affluent neighborhoods. Customers frequent our establishment seeking entertainment, gastronomic experiences, and social gatherings. Asset Overview
Tangible Assets:
– Fully equipped kitchen with appliances.
Restaurant furniture.
Lighting fixtures and electronic equipment.
– Televisions and audiovisual systems.
Intangible Assets:
Franchise rights and trademark licenses.
– Established social media accounts (Instagram with over 13,000 followers, Facebook with over 1,000 followers)
– Active contracts with food delivery platforms (Zomato and Swiggy)
– Security deposit of INR 850,000.
– RVB license rental deposit of INR 2,500,000. Facility overview.
The establishment has a single floor, a built area of 3,200 square feet (approximately 290 m²), and a monthly rent of INR 164,000. It has a fully equipped attached kitchen and is located in a rented property with parking available. Capitalization Overview
The business is fully funded by the developer, with no external debt or loans. It is a sole proprietorship, with 100% ownership retained by the developer.
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