3 Award Winning Central Coast Restaurants

Monterey County, CA

3 Award Winning Central Coast Restaurants
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Asking Price: $850,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

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3 Award Winning Central Coast Restaurants

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Business Description

Award Winning With Strong Brand Recognition

In business for over a decade, these 3 successful restaurants boast a loyal following of repeat customers. These restaurants have won numerous awards and accolades from their respective local media outlets for their carefully prepared classic Indian cuisine. Each restaurant has a strong repeat customer base that is supplemented by domestic and international tour groups and large catered outside parties and corporate events.

Restaurant #1 seats 144 total (65 inside, 79 outside), has 12 employees (part and full time) and a type 47 hard liquor license. The restaurant is located in a central downtown location with beautifully decorated patio and serves primarily loyal local & tourist customers.

Gross sales: 2017 - $890K, 2018 year to date $710K.

Restaurant #2 seats 60, has 7 employees and a type 41 beer and wine license. The restaurant is located in a very high traffic tourist attraction area.

Gross sales: 2017 $390K, 2017 year to date $346K. There is a very high potential that sales can be easily doubled.

Restaurant #3 seats 90, has 7 employees and a type 41 beer and wine license. The restaurant is located in a very desirable residential area.

Gross sales: 2017 $650K, 2018 year to date $525K

Asking prices are as follows:
Restaurant #1: $400,000
Restaurant #2: $300,000
Restaurant #3: $250,000

All 3 restaurants: $850,000

This is a rare opportunity to acquire 3 dynamic venues that can be left to successfully operate as is or modified as per a new owner’s desires.

For more information, email us at info@carmelbizsales.com or call us today at (831) 625-5581

Detailed Information

Facilities:
Restaurant #1 seats 144 total (65 inside, 79 outside) Restaurant #2 seats 60 Restaurant #3 seats 90
Competition:
In business for over a decade, these 3 successful restaurants boast a loyal following of repeat customers. These restaurants have won numerous awards and accolades from their respective local media outlets for their carefully prepared classic Indian cuisine. Each restaurant has a strong repeat customer base supplemented by domestic and international tour groups and large catered outside parties and corporate events.
Support & Training:
Available
Franchise:
This business is an established franchise
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