Indian Restaurant w/Liquor

Cumberland, RI (Providence County)

Seller Financing Available
Indian Restaurant w/Liquor
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Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,900 /Month

Established: 2016

Indian Restaurant w/Liquor

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Business Description

Cash Flowing, and Well Established Business

Rare opportunity to own a very well cash flowing business with minimal effort, and investment. Active partners moved away, and passive investors looking to sell as they can't spend time to grow. Great growth potential if you can focus. Free Standing building with ample parking. Kitchen Equipment is just a couple of years old, with high industrial quality. Kitchen is suitable for different types of cuisines. The lease is assumable and reasonable for size, and location. Restaurant is part of a well known Indian Cuisine chain all over the US with more than 30 franchise locations. Great support from the franchise owners or flexible if you want to build your own brand. Current owners can help with smooth transition. Existing employees can be retained after sale if new owners are interested. 2 years of lease left, and is renewable for 5 more years. There is a Conference Room, 2 Bars, and a party hall. There is a 3,000 SQ FT unfinished basement for additional storage. Restaurant is on a busy street with a striking signage.

Detailed Information

Location:
Cumberland, RI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
N/A
Facilities:
Free Standing Building with ample parking Fully Equipped Kitchen 2 Bars Conference Room/Part Hall Basement for storage Fully furnished dining hall - Seats up to 150
Competition:
Great demand in the area for any cuisine especially Indian
Growth & Expansion:
Unlimited Potential if the owners can focus on operations
Support & Training:
Yes. Current owners will Support. if chosen, business can continue to be part of the biggest Indian Restaurant chain in the US.
Reason for Selling:
Owners diversifying to other businesses, can't spend enough time
Franchise:
This business is an established franchise
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Business Listed By:
Padmavathi Bhimana

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