Popular Indian Restaurant, High Volume, Seller Financing

Santa Clara County, CA

Popular Indian Restaurant, High Volume, Seller Financing
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Asking Price: $800,000

Cash Flow: N/A

Gross Revenue: $2,466,836

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Rent: $9,800 /Month

Established: 2015

Popular Indian Restaurant, High Volume, Seller Financing

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Business Description

Popular Indian Restaurant, High Volume, Seller Financing
This is a great business opportunity to own a profitable restaurant with high volume sales in South Bay Area. Well established and very well known since 2011. This Indian and Nepalese kitchen offers lunch buffet daily and catering for large parties and events in south bay. The space is about 2000+ sq.ft with seating capacity of about 75. Monthly rent $9800 include NNN Lease 4 + years left with option to renew. This restaurant Open 7 days a week. Seller is willing to accepts a note for $400,000 from a buyers.

Seller is willing to finance $400K of the deal as the business is generating significant cashflow for the owners. They are confident about the concept.

Detailed Information

Location:
Santa Clara County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
10
Financing:
400K at 6% APR
Business Website:
http://linkbusiness.com/businesses-for-sale/SV00023/Popular-Indian-Restaurant%2
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Diane Ho

Business Listed By:
Diane Ho

LINK Silicon Valley

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Sponsoring Broker:
Raj Sathyaseelan

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