Popular Restaurant with Real Estate for Sale near Mysore
Product / Service
This profitable business was established in Oct 2015. This is located at a popular tourist location. It is situated just about 15kms from Mysore. They have a dedicated customer base with many customers driving down from Bangalore and Mysore for breakfast and lunch here.
The area of the premise is 33000 sq.ft which is owned by the promoter. This includes the restaurant, a 3BHK house with 2 servant quarters in the premises itself. This can be converted in a profitable Homestay as there is a large influx of tourists. The seating capacity is 50. They majorly serve authentic South Indian, Jain and Chinese Cuisines. This restaurant is particularly famous because of the personal touch that they provide to the food. The promoter himself is the head chef here and interacts with all customers for their reviews. They only provide breakfast and lunch and are operations only 6 days a week. So this business has a huge scope of expansion. They are also known for their rustic village ambiance and for the children play area. They are rated highly on various portals like Tripadvisor etc and are almost considered the best in the district.
They are looking to sell the Restaurant along with all the kitchen equipment, brand name and the furniture and other infra of the restaurant plus the house and servant quarters. The revenue per month is almost INR 3 Lakhs with a profit margin ranging from 40-45%. Since the promoter is moving out of the country, he is looking to sell this off. The Asking price is INR 2.5Cr(Negotiable)
Reason
Moving out of India
Keywords
Business Tags
₹10 to ₹200 Cr
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