Mars Restaurants

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Mars Restaurants - overview

Location

Mumbai, -, India

Primary Industry

Travel & Leisure

About

Mars Restaurants operates within the hospitality sector, focusing on upscale hotel management, event planning, and catering services, providing tailored experiences for both leisure and business travelers. Mars Restaurants is a hospitality company based in Mumbai, India, specializing in hotel management and catering services. It was acquired by India Hospitality Corp. in August 2007 for USD 110 mn, marking a strategic pivot towards enhancing its operational capacity.


The firm operates primarily in metropolitan areas, serving a mix of local and international clients. The founder's information is not available. Mars Restaurants offers comprehensive hospitality services that include the management of luxury hotels and event planning. Their focus on personalized client engagement caters to both leisure and business travelers, ensuring high-quality amenities and memorable experiences.


The company primarily serves upscale clientele in Mumbai and Delhi, and is committed to meeting the evolving demands of modern travelers. In the most recent year, 2023, Mars Restaurants generated revenue of USD 619,468. 60 with an EBITDA of USD -25,961. 90.


Their revenue is derived from management fees, catering services, and commissions from event planning, structured to foster repeat business and client referrals. Mars Restaurants aims to expand its market presence through the development of new hospitality offerings and services. Following their acquisition in 2007, they plan to utilize their recent funding to enhance operational capabilities and explore new geographic regions. Specific plans for launching new products have not been disclosed, but they are focusing on growing their clientele in both domestic and international markets.


Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Hotels & Accommodations

Website

www.mars-world.com

Company Stage

Acquired

Total Amount Raised

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Mars Restaurants - timeline of key events

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Mars Restaurants - financials

Fiscal Year EndedMar 31, 2011Mar 31, 2012Mar 31, 2013Mar 31, 2014Mar 31, 2015Mar 31, 2016Mar 31, 2017Mar 31, 2018Mar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)2,113,724-------------
% Revenue Growth (YoY)-(100.0%)------------
EBITDA (USD)----(15,381)(17,042)(9,000)(17,850)(15,838)(14,358)(12,831)---
Operating Income (USD)----(15,381)(17,042)(9,000)(17,850)(15,838)(14,358)(12,831)---
Operating Margin--------------
% EBITDA Margin--------------
NET Income (USD)-(132,944)--(15,381)(17,042)(9,000)(17,850)(15,838)(14,358)(12,831)---
% Net Margin--------------

Mars Restaurants - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedMars Restaurants-
BuyoutCompletedMars Restaurants-

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Mars Restaurants - employee data

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