Indian Restaurant

Richmond, VA (Henrico County)

Indian Restaurant
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Asking Price: $85,000

Cash Flow: $9,852

Gross Revenue: $231,342

EBITDA: N/A

FF&E: $50,000

Inventory: $1,500

Rent: $4,100 /Month

Established: 2009

Indian Restaurant

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Business Description

Well Established fully staffed and Popular and Profitable middle eastern restaurant serving HALIA food. This sought-after restaurant has a great location and has customers conring from all around the state to eat. They currently have contracts in place to service the local Mosque and they have a large catering clientele. After 30 years in the restaurant business the seller is ready to retire.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,600
Lease Expiration:
6/1/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,600 square feet with a Total Rent of $4,100. Lease ends 06/2021. Seller is active in the business with 6 FT employees. Hours of operation are Tue-Sat 11 AM to 9 PM, Sun 1 PM to 9 PM. $1,500 in Inventory and $50,000 in FF&E included in Asking Price. $50,000 made in Leasehold Improvements.
Support & Training:
Two weeks
Reason for Selling:
Wants to move to a different business
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(from currently available funds)
 
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William Griswold

Business Listed By:
William Griswold

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