Indian Restaurant - Solid Profits & Reputation

Harris County, TX

Indian Restaurant - Solid Profits & Reputation
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Asking Price: Get Financing: $199,000

Cash Flow: $228,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $40,000

Inventory: $5,000

Lease Rate: $3,540 /SF/Month

Established: 2017

Indian Restaurant - Solid Profits & Reputation

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Business Description

WON'T LAST LONG. Business is doing better than expected. Indian Restaurant in great location with loyal clientele. Solid staff, great revenues and excellent reviews. Owner maintains excellent detailed records of CC, cash, tips, delivery services, all expenses paid, food costs, personnel, catering, etc., on a daily basis. Provable discretionary income. Low price, not a red flag, but instead due to a recent life change. Great opportunity to recoup investment in well under the first year.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Adding beer/wine sales would significantly boost potential, as well as opening Monday's. Seller does NO advertising - all word of mouth; focusing on promotion would increase traffic.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Bobbi Coffey

Business Listed By:
Bobbi Coffey

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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