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Restaurant for Sale in Mirissa, Sri Lanka

Restaurant serving Mediterranean cuisine that can accommodate 30 patrons and serves 150+ customers daily during season.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 thousand
Run Rate Sales Nil
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Mirissa
Local Time 11:57 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: USD 30,000)
Reason: Owner wants to retire.
Includes physical assets worth USD 25 thousand
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Business Overview

- Serve Lebanese and Mediterranean food. We also offer healthy food options and to that extent we have a salad and juice bar. The restaurant is open for breakfast, lunch and dinner. We are located on a very busy street.

- Our business is seasonal i. e. we are open from November to March/April/May (depends on the demand) and are shut for the rest of the year.

- The restaurant has a seating capacity of 30 patrons and there are 10 tables available. The juice bar is present inside the restaurant while the tables have been placed outside. The restaurant serves 150+ clients during season.

- The restaurant has not taken on any debt. We are shut currently since it is off-season and also because of the ongoing pandemic.

- We have one dedicated chef who is assisted by the promoter. The restaurant has multiple waiters and the wife handles the front of the house.

- We have not conducted any marketing for the restaurant since we primarily rely on word-of-mouth promotion. We provide live music occasionally where we host local bands.

- Our brand is extremely popular and we maintain an active Facebook page.

Products & Services Overview

We serve Lebanese and Mediterranean food. We also have a salad and juice bar. The restaurant is open for breakfast, lunch and dinner.

Assets Overview

The buyer will be receive one 6 door freezer, 1 deep freezer, 4 coolers, 8 burners, 1 rolled ice cream machine, 1 hot and cold bar, 1 coffee machine, multiple blenders, grinders and slicers besides a host of other kitchen equipment. We also have 20 tables, 1 big air conditioning unit (USD 130) and 4 speakers with amplifiers. All the equipment are in good condition.

Facilities Overview

Restaurant has an area of 1,000 square feet and it has been taken on rent. We pay a monthly rent of USD 250.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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