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Farm House With Successfully Running Restaurant For Sale

Mysore, Karnataka
Asking Price:
$243,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$43,000 (USD)
Cash Flow:
Under $50K (USD)

Farm land (agricultural+converted land) with a farm house and a successfully running profitable restaurant business. All documents and papers are clear with up to date taxes paid.
Farm consists about 100 arcanut trees, about 15 fully yielding coconut trees, and an assortment of trees of chikku, pomegranate, banana, lemon, various herbal and flower plants, etc.
This profitable business was established in Oct 2015. This is located at a popular tourist location just about 15kms from mysore. We 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. 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. We serve authentic South Indian, Jain and Chinese cuisines.
This restaurant is particularly famous because of the personal touch that we provide to the food. We only provide breakfast and lunch and are operations 6 days a week. So this business has a huge scope of expansion. We are also known for the rustic village ambience and for the children play area. We are rated highly on various portals like Google, FaceBook, TripAdvisor, LBB, etc and are considered the best in the district.
We are looking to sell the real estate and 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 approx INR 3 lakhs with a profit margin ranging from 40-45%. Since we are moving out of the country, we are looking to sell this.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

3bhk, with parking, hall, pooja, dining area, open kitchen

Location:

on Pandavapura road; 3kms from Srirangapatna Bus Stand; 1.5 kms from Bangalore-Mysuru highway.

Premises Details:

30 guntas (3 guntas converted land + 27 guntas agricultural land) with borewell + open well, both agricultural and commercial power lines/meters. GSTIN registered business

Business Operation

Expansion Potential:

Business timing can be extended for dinner + home stay + ayurveda spa

Competition / Market:

Currently no competition in the nearby vicinity

Reasons for selling:

Relocating

Trading hours:

07:45am to 05:00pm

Employees:
10
Years established:
2015

Contact Information

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