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Business for Sale Summary

Very Nice Indian Restaurant - 28123

Business Type: retailing businesses,misc. retail/non-classifiable,other eating & drinking places,other food stores,service businesses,special situations,restaurant/ cafes
Very Nice Indian Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $50,000
Gross Revenues $216,000 Lease Remaining Register Free to View
Owner’s Cash Flow $2,000 Number of FT Employees Register Free to View

Financing

$50,000 Down and $25,000 over 3 years @ 6%

Business Description

Nice Indian restaurant on a main street with lots of traffic in a very nice residential area. Restaurant is located in a strip mall tucked into a lot of other commercial business. It serves Indian food - Middle Eastern food and Pizza and has a steady catering business. It can seat over 45 people and is newly remodeled and enjoys a regular clientele and there is no other Indian restaurant in the area. The current owner is somewhat an absentee owner putting in a very small amount of hours because of other opportunities. He has not pushed the catering or hardly any advertising because he doesn't have the time for increased business and everything that comes along with it. With the location it could easily see double or triple inside food sales and catering if it had a full time owner. With its current location it could also be converted to a Mexican, Italian, or Chinese restaurant. A new owner will walk into a turn key business and will put money in their pocket right away. The current owner is willing to work with a new owner for a month to ease the transition with the current employees and clientele. You cant beat the price considering the area and additional business that is not being tapped into by the current absentee owner. Feel free to make an offer, current owner has other opportunities he would like to work on. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.