Operational and Profit Making Heritage Concept Restaurant for Sale

Listing ID: SL000870
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

It is a concept restaurant started in 2012, serving delicious & authentic heritage food. Located in the prime location of Mysore city, it has become a well-known brand with 4.1 star rating on facebook, google, and TripAdvisor. The business has a very low attrition rate with 80% of the staff working since more than 3 years.

It has also become a very well-respected and a renowned brand amongst global travellers. It receives steady enquiries for franchise in Singapore and London. It also receives steady enquiries for investment and expansion.

The premises is spread on an area of around 2500 sq.ft. and currently has a seating capacity for 50 people which can be expanded further. The restaurant gets a very good foot-fall on weekends, has an excellent online reach, strong visibility, easy access, affordable rent, steady in-flow of travellers and tourists making it highly profitable and ensuring huge potential for growth.

On an average the business earns 35-40% profit from turnover. It has Stable Demographics + Steady Inflow of Travellers and Tourists who already highly appreciate the brand. The business is for sale with the Brand name, Physical assets, Detailed secret recipe list of every item and goodwill. The asking price for the business is INR 49 Lakhs. The business owner is willing to provide smooth handover and the present staff is also willing to stay if the new owner desires.

Reason

Owner is moving abroad with family

Business Tags

Brand name Good Customer footfalls Heritage concept restaurant Highly Profitable highly rated on popular sites Prime Location Well Reputed

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Ask Us Anything

To connect with the owner of this Operational and Profit Making Heritage Concept Restaurant for Sale :
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
Before buying a Operational and Profit Making Heritage Concept Restaurant for Sale , check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].
Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.