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Restaurant for Sale in Mysore, India

Operational and Profit Making Concept Restaurant in Mysore Prime Location is For Sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 40 - 50 lakh
Run Rate Sales INR 42 lakh
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Mysore
Local Time 9:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 50 lakh (Native Currency: INR 5,000,000)
Reason: Owner is moving abroad with family.
Includes physical assets worth INR 10 lakh
Interested to connect with advisors
Documents
Business Overview
- Concept Restaurant serving delicious & authentic heritage food.
- 5 years of successful running. Situated in Mysore Prime Location.
- 80pc of our staff have stayed more than 3 years. Low attrition rate.
- Very Well-respected and renowned brand amongst global travellers - Proof available online.
- Steady Enquiries for franchise in Singapore and London.
- Steady Enquiries for investments and expansion.
- Immediate success promised if opened a Bangalore Branch or elsewhere with the same Brand Name – Discuss the reasons.
- Around 2500 sqft available for use / expansion. 50 Seating Capacity Presently available ( Extendable ).
- Very good footfall on weekends.
- Excellent Online Reach, Strong Visibility and Easy Access, Affordable Rent, Diversified Clientele.
- Average Profit is 35 to 40% of the turnover.
- Asking Price: INR 50lc Negotiable.
- Cost includes the Brand name, Operating Business, Physical Assets, Detailed secret recipe list of every item and Good will.
Products & Services Overview
Vegetarian Plantain Leaf Lunch and Dinner, Heritage Snacks, Chaats, Dosas. Teas, infusions, Milk Shakes and Coffee.
Facilities Overview
With Strong Visibility and Easy Access, the business area is a rented place of around 2500 sqft on Ground Floor. 5 years Lease period. Easy Transfer of Lease Document ensured.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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