Indian/Pakistani Restaurant With A Banquet Hall In West Suburbs $75K

Downers Grove, IL (DuPage County)

Indian/Pakistani Restaurant With A Banquet Hall In West Suburbs $75K
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Rent: $5,500 /Month

Established: 2013

Indian/Pakistani Restaurant With A Banquet Hall In West Suburbs $75K

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Business Description

Indian/Pakistani Restaurant $90K (Must Sell As Soon As Possible)

*****
THIS IS A GREAT OPPORTUNITY FOR A BUSINESS BUYER - WHOLE RESTAURANT WITH BANQUET HALL FOR $75K ************
LOOKING TO SELL AS SOON AS POSSIBLE AS OWNERS IS MOVING, ALL OFFERS WILL BE CONSIDERED*******

Ideal setting, perfectly designed and running business. Start making money the first day. Restaurant is Fully Custom Built, Fully furnished, newly constructed, granite counter-tops; oak hardwood trim, great dining room, fine China crockery for all occasions; well inviting environment. The restaurant comes fully decorated with classic midcentury all Indian/Pakistani cultural scenes exquisitely framed and hung on walls, truly reflecting the classic Subcontinent culture.
The newly added Banquet hall attached to the restaurant, also represents the same theme throughout with a delicately decorated stage area for use in all occasion, full wall-to-wall designers carpet and drapes. Banquet hall attracts large parties and is a huge addition to the revenues.
State of the art Kitchen setup, with Two large walk-in Coolers and freezers, ample storage.This is one of the top rated INDIAN-PAKISTANI Restaurants in the greater Chicago area with a cuisine which is well liked by locals as well as by Pakistani-Indian community. Food selections, taste, and consistent quality satisfy the most discerning customers and foodies alike.
SITE IS PRE-APPROVED FOR A LIQUOR LICENSE IF DESIRED. HIGHLY CONFIDENTIAL LISTING. PLEASE DO NOT DISCUSS WITH EMPLOYEES AND PATRONS.

Detailed Information

Location:
Downers Grove, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
7/30/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on one of the most heavily traveled roads in the Western Chicago suburbs, with High Street Visibility and Accessibility. Plenty of parking. Catchment areas include Oak Brook, Naperville, Aurora,Downers Grove, Westmont, Villa Park, Lombard, Bolingbrook etc.Minutes from I-355, I-294, and I-88.
Competition:
Chicagoland favorite – great Indian-Pakistani cuisine restaurant. “Where friends meet and families eat.” Well known for their delicious food and friendly service. Huge following, a majority of their patrons are regulars. Lots of rave reviews. Great reputation to continue to build upon. Banquet hall keep the place humming!
Growth & Expansion:
Well-established and rooted. Surrounded by an expansive commercial and residential area! Business ready for substantial growth, limited only by owners imagination. Competitive and niche, however has become an essential element with locals and ethnic community.
Support & Training:
One week on-site comprehensive training.
Reason for Selling:
Moving
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Business Listed By:
Not Disclosed

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