Indian Restaurant for Sale @ Chicago

Schaumburg, IL (Cook County) (Relocatable)

Seller Financing Available
Indian Restaurant for Sale @ Chicago
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Asking Price: $139,999

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $80,000

Inventory: $3,000*

Rent: $4,400 /Month

Established: 2015

*not included in asking price.

Indian Restaurant for Sale @ Chicago

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Business Description

Indian Restaurant for Sale - NW Chicago Suburbs

Well established Indian (South and north indian) Restaurant for Sale. Restaurant is operating from the well established grocery store front, weekly visitors more than 100,000and daily traffic at the interesction more than 200,000 vehicles.

72 seating capacity.
Ample parking space.
Newly built Hood.
Chefs having more than 50 years combined experience in South and North Indian specialities.

Attached Documents


Detailed Information

Location:
Schaumburg, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,890
Lease Expiration:
12/31/2020
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Attached
Competition:
Total indian population within 10 miles radius is around 250,000 and other asian, arabic population comes antoher 250,000.
Growth & Expansion:
Add liquor license and open early hours for breakfast and late hours for dinner and bar. Serving fresh juice section and pizza (we already have the complete equipment in running condition) will increase the business 3 folds from the current.
Support & Training:
Owner gives 2 weeks training. New owner can retain complete staff and negotiate with the current staff.
Reason for Selling:
Owners relocating to West Coast, USA
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Business Listed By:
mike bandla

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