Money Making Halal Restaurant For Sale!

Philadelphia County, PA

Seller Financing Available
Money Making Halal Restaurant For Sale!

Asking Price:$499,000

Cash Flow:$311,845

Gross Revenue:$1,152,000





Money Making Halal Restaurant For Sale!

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Business Description

Well established Halal/Desi/Middle Eastern Restaurant serving the community in Northeast Philadelphia! Cash Business! New owner could increase profits by increasing advertising and streamlining operations. Does great business during Ramadan and other holiday seasons. Serves breakfast, lunch, and dinner -- sit down and take out. Occasionally serves buffet style for the holidays. Five star rating on Grubhub with 442 reviews. Four star rating on Yelp with 83 reviews. 4.3 stars on Google with 60 reviews. Revenues are $1,152,000 with cash flow of $311,845. Three delivery drivers for catering for individuals and businesses.

Detailed Information

21 FT/ 4 PT
Full kitchen, walk-in box, dry storage, seats 120 regularly (fewer when serving buffet style.) One section of the restaurant may be turned into a banquet room for private events seating 75 patrons.
While there are other Halal restaurants in the area, this one stands out in terms of size and variety of menu offerings.
Growth & Expansion:
New owner could increase advertising and streamline operations by reducing payroll. Also, the restaurant could engage in more advertising, and stay open until midnight or later.
$250k/$249k for 84 mos. @ 7%.
Support & Training:
Will train for 2 weeks @ no cost. A business license and a food license will be necessary to operate.
Reason for Selling:
Owner would like to pursue other business opportunities.

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David Lynn

Business Listed By:
David Lynn

Murphy Business & Financial Corporation

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