Restaurant for Sale in Mysore, India

For Sale: Tripadvisor Award Winning Italian And Continental Restaurant Well Known For Pasta & Sizzlers.

This transaction has concluded.

Established	10-20 year(s)
Employees	10 - 50
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 80 thousand
Run Rate Sales	USD 100 thousand
EBITDA Margin	35 %
Industries	Restaurants
Locations	Mysore
Local Time	3:00 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6.6 / 10

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Full Sale

Asking Price: USD 70 thousand (Native Currency: INR 6,000,000)

Reason: Owners want to diversify into other sectors. Hence, the exit.

Interested to connect with advisors

Business Overview

Tripadvisor award winning Italian and continental restaurant, famous for pastas and sizzlers looking for outright sale in Mysore.

Twice the restaurant has won certificate of excellence from Tripadvisor.

Figures amongst the best in Tripadvisor ranking of 260 restaurants in Mysore.

The restaurant has been rated the best among all restaurants in Mysore by online food guides.

The ambiance is the main highlight, with rave reviews for the same from visitors.

The place is popular among the tourists who frequent the location.

Pastas and sizzlers are the highlight and the exotic cuisines too, are well appreciated.

More than 70 people can be accommodated in the restaurant.

All the financial number are up to date. We can show the numbers to the investor. From Rs. 30 Lakh in turnover in the first year of operation, we should now easily touch Rs. 80 Lakh for this financial year.

Products & Services Overview

Elements Bistro is famous for pastas and sizzlers. We provide both veg & non-veg. We also provide natural & flavored juice. At our restaurant we provide different varieties of coffee. There are more varieties of continental & Italian food available.

Facilities Overview

Area: 1,700 sq ft.

Monthly rent: Rs. 60,000.

Advance paid: Rs. 3 lakhs.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
CMD, M&A, Nagpur, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Director, Retail Business, Auckland, Individual Investor / Buyer connected with the Business

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