Operational and Profit Making Heritage Concept Restaurant for Sale
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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
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₹10 to ₹200 Cr
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