Indian Restaurant for Sale

Lynnwood, WA (Snohomish County)

Indian Restaurant for Sale
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Asking Price: $160,000

Cash Flow: $85,000

Gross Revenue: $375,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1.25 /Month

Established: 2016

Indian Restaurant for Sale

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Business Description

Spacious Restaurant at BUSY Junction of 4 cities

A well set up casual dining Indian restaurant having immense potential for growth. The Indian restaurant has been there at the same location for more than 30 months around and established a good clientele from the region around. It is conveniently located at a busy junction of 4 cities (Lynnwood, Everett, Mukilteo and Edmonds) in a shopping plaza with many businesses around and it is the only Indian restaurant in the region.
The menu is a typical Indian cuisine menu serving vegetarian as well as meat dishes. It can be run in the current set up of menu or it can be modified to create a different set up of menu such as Indian fusion combined with any other flavor or any other cuisine.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,360
Lease Expiration:
6/30/2023
Employees:
3
Facilities:
Entire Kitchen with Type I Hoods, Buffet Table, Huge walk-in Cooler, Tables with glass top, chairs, furniture, lighting, cutlery, silver ware, glasses, cooking utensils, knives, chop boards, security camera, Digital POS etc.
Competition:
Only Indian cuisine available in the region around (No Indian restaurant in 4-5 miles of radius)
Growth & Expansion:
Quite close to large Boeing factory and lot of nearby businesses around so huge potential for growth. Catering for Boeing (contract making in progress) will bring additional revenue and opportunity for tremendous growth. Very close to Paine-Field Snohomish County airport (Second airport in Seattle) which is scheduled to start commercial operations from Feb 2019.
Support & Training:
We will provide 1 week training
Reason for Selling:
Due to busy day job, no time to devote to expand it further for future growth
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Business Listed By:
Dev Xpert

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