Large INDIAN Restaurant_BYOB_Fully Equipped_Downtown location !

Freehold, NJ (Monmouth County)

party hall
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Asking Price: $139,000

Cash Flow: $100,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $150,000

Inventory: $5,000*

Rent: $3,300 /Month

Established: 2010

*not included in asking price.

Large INDIAN Restaurant_BYOB_Fully Equipped_Downtown location !

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Business Description

Fully established & profitable, Indian Fine dining restaurant in downtown area.
Dining, Ala Carte & Buffet, Parties, Take out & Catering etc.
Attractive priced to sell..Plenty of free parking.
BYOB, large dining hall & separate party room. Capacity 90 plus.
Mini staging area for live music performers.
Fully equipped Kitchen with 20 ft hood & high trained staff to stay.
Turn key operation, owner relocating.
Long lease with market rent.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,300
Lease Expiration:
10/31/2024
Employees:
4 FT & 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large 3,300 sq ft facility with 90 plus capacity, tables, chairs, decorations etc. Fully equipped kitchen, with 20 ft hood, 6 Burner Gas stove, Fryer, Meat Roasting Oven, Microwave, Hot Plate, Food prep station, Big Walk in Cooler Box, 2 Freezer Chest, 2 Door Steel Fridge, Tandoor, Pots & Pans, Utensils, China & glassware, Tables, Chairs, LED large TV, Buffet station, POS system, 2 Restrooms ADA compliant. Separate storage room with large freezer, portable tandoor for parties, etc.
Competition:
Downtown busy area, county seat. Offices, Court house, tons of homes near by, large free parking lot. High visibility & established client base.
Growth & Expansion:
Further expansion by menu additions, and digital marketing etc.
Support & Training:
Two weeks training available on need basis.
Reason for Selling:
Relocation
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(from currently available funds)
 
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Vinny Mahajan

Business Listed By:
Vinny Mahajan

ARIES BUSINESS GROUP

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