Newly Established Restaurant for Sale in Mysore, India
Buy a non-operational Mysore veg restaurant with a 350-450 daily footfall in the past.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 44 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Mysore |
| Local Time | 7:58 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
31 thousand
(Native Currency: INR 2,600,000)
Reason: Owner is not able to focus on the business due to a lack of time given other personal commitments.
Includes physical assets worth
USD
25 thousand
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Business Name
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User Verification
Documents
GST Certificate
(69.6 KB)
Business Overview
- The restaurant is located in Mysore, with a previous daily footfall of 350-450 people, indicating a potential customer base.
- The business's top-selling products, included dosa, idly, and Chinese food like fried rice and noodles, catering to a diverse customer base.
- Despite an online presence on Swiggy, the business only generated approximately 1% of its sales through online channels and the rest offline.
- The restaurant has a seating capacity for about 40 people, providing ample space for dine-in customers.
- The location near offices could offer a steady customer flow during weekdays, providing a stable revenue stream.
- The recent closure of operations due to rising operating costs and personal commitments of the owner presents an opportunity for potential investors to revitalize the business and leverage its established customer base.
- We have all the required certifications to run with and new owners can continue operations under the same brand.
- The business's top-selling products, included dosa, idly, and Chinese food like fried rice and noodles, catering to a diverse customer base.
- Despite an online presence on Swiggy, the business only generated approximately 1% of its sales through online channels and the rest offline.
- The restaurant has a seating capacity for about 40 people, providing ample space for dine-in customers.
- The location near offices could offer a steady customer flow during weekdays, providing a stable revenue stream.
- The recent closure of operations due to rising operating costs and personal commitments of the owner presents an opportunity for potential investors to revitalize the business and leverage its established customer base.
- We have all the required certifications to run with and new owners can continue operations under the same brand.
Products & Services Overview
The top selling products include-:- Dosa.
- Idly.
- Chinese food like fried rice and noodles.
Assets Overview
Tangible assets-: Kitchen equipment, furniture and fixtures.
Facilities Overview
We operated from a 17 by 55 feet rented facility around Chamraja double road in Mysore. The rental agreement is valid for 10 years and the rental is about INR 43,000 per month.
Capitalization Overview
There is only one owner in the business who holds 100% of the business and there are no loans on the business at this point in time.
Recent Activity
-
Earlier than 15 daysJunior Analyst, Education Management, Bangalore, Individual Investor / Buyer connected with the Business
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