E2 Visa & SBA Qualifying Restaurant - Very Profitable

Orlando, FL (Orange County)

Seller Financing Available
E2 Visa & SBA Qualifying Restaurant - Very Profitable
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Asking Price: $350,000

Cash Flow: $577,659

Gross Revenue: $848,754

EBITDA: $198,297

FF&E: $150,000

Inventory: $5,000

Rent: $6,295.05 /Month

Established: 1995

E2 Visa & SBA Qualifying Restaurant - Very Profitable

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Business Description

** PLEASE REVIEW THE ATTACHED OFFERING MEMORANDUM FOR DETAILED INFORMATION ** Google Rated This Great Restaurant 4.5 Stars & 4 Stars by Yelp. This Highly Profitable Fine INDIAN CUISINE RESTAURANT Is Strategically Located On A Major State Road Within 1/2 Mile Of Interstate 4 With An ADT Count Of Approx. 65K Vehicles. Established For 24 Years, But After 20+ Years Of Running This Successful Business Seller Wishes To Retire!!. Excellent Financials Means THIS WILL QUALIFY FOR A E2 VISA. Seating Capacity For 90+ With Separate Room For Private Parties. Fully Equipped Kitchen. What's The Upside? It's Closed On Mondays & All Major Holidays And Seller Declines To Take On More Outside Catering Business. Wife Is Manager & Draws A Salary Of $26,000 Which Can Be Added Back By A Full Time Owner / Operator Husband & Wife Team. Business is SBA Pre-Qualified for a Qualified Buyer.

Attached Documents


Detailed Information

Location:
Orlando, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
11/30/2028
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant is approximately 3,000 square feet with ability to hold private parties in a separate room. Fully equipped kitchen with walk-in cooler; see Assets List in the attached Offering Memorandum. This restaurant is strategically located on a major heavily travelled State Road, less than ½ mile from the Interstate. Average Daily Traffic Count is approximately 65,000 vehicle per day.
Competition:
No other restaurant in the immediate area - next nearest restaurants are 8 miles to the north and another is 6 miles to the south. This is the only Indian restaurant in an area known for numerous restaurants.
Growth & Expansion:
Minimal advertising. Most of the business is walk-in due to its great reputation as a local restaurant known for its excellent food. Seller declines catering and this can be added. Perfect for an Owner/Operator who can give this full attention, and open 7 days a week and all major holidays.
Financing:
Up To $100K Will Be Considered
Support & Training:
2 Weeks at no cost to Buyers
Reason for Selling:
After 20+ years Seller wishes to retire.
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(from currently available funds)
 
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Ravi Bahl

Business Listed By:
Ravi Bahl

Spectrum Realty Partners

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