Ooty's Premier Restaurant Available for Sale
Product / Service
They offer a diverse range of culinary options, catering to both non-vegetarian and vegetarian preferences, complemented by a selection of additional services, including ice creams, refreshing beverages, and the delightful experience of a campfire.
Clientele type
They cater to a diverse clientele, including tourists, the local community, as well as customers seeking catering services for birthdays, wedding parties, and local cottages.
Premises
LEASED
Lease per month (in INR): 2.00 L
Security Deposit (in INR): 9.00 L
Carpet Area: 8,000 sq ft
Sprawling over 8,000 square feet, this expansive restaurant boasts a generous seating capacity of 500, making it the largest dining establishment in Ooty.
Situated in close proximity to Ooty Garden and NCMS Parking, it offers both accessibility and grandeur for a memorable dining experience.
Asking Price Includes
The listed asking price encompasses a comprehensive package featuring all kitchen equipment, creatively designed counters constructed from containers, convenient accommodation arrangements for up to 30 staff members, a well-appointed office room, four generously sized tents, along with a set of 40 wooden and steel tables, accompanied by 200 chairs.
Reason
The promoter is unable to operate the business actively and manage the workload.
Other Details
The seasonal segment consistently generates an average monthly revenue of 20 lakhs, operating for five months each year. In addition, the non-seasonal aspect of the business maintains a steady monthly income ranging from 4 to 6 lakhs.
Keywords
₹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 TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted 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 maybe 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.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- 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 second-line of management?
- Are you going to run the business on 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?