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Profitable Indian Restaurant for Sale in Denver, CO

Arapahoe County, CO

We Sell Restaurants -Colorado Restaurant Brokers
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Asking Price: $475,000

Cash Flow: $254,707

Gross Revenue: $718,593

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,610 /Month

Established: 2001

Profitable Indian Restaurant for Sale in Denver, CO

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Business Description

Award-winning Indian restaurant for sale. Annual sales of over $718,000 and Seller's discretionary earnings approaching $250,000!
This Indian restaurant for sale south of Denver is located in a very busy strip center on one of the busiest streets in Metro Denver with traffic counts of over 60,000 per day. It has good visibility, signage, and access as well as ample parking. They have signage on the restaurant itself as well as a pylon sign on the street. This Indian restaurant for sale has been in business and very profitable for over 18 years. It has a very loyal following of regulars and great online reviews.
The dining room seats about 65 with an additional 12 on the outdoor patio with mountain views. They currently offer a buffet set up for lunch and full service at dinner and have a full liquor, beer, and wine license. The fully equipped, commercial kitchen has it all; including a large hood system with fire suppression, in-ground grease trap, walk-in cooler and freezer, ice machine, POS system as well as plenty of hot and cold storage. There are also two electric Tandoor clay ovens, three Imperial high powered gas burners and a dishwasher that is owned, not leased. The restaurant has a camera and alarm system. There is even a catering van included in this deal! We Sell Restaurants truly takes it to the next level with this incredible listing.
The current large, well-trained staff serves up large, versatile Indian menu featuring curry and Tandoori dishes, Biryanis, Saag Paneer, chicken, lamb, and seafood dishes as well as a large variety of fresh baked Indian bread to eager, loyal clients who come from miles around and post raving reviews online. The current owner will stay on for a negotiated period of time to train the new owner and introduce them to all the regulars.
A good lease is in place with an additional 5-year option. Rent is only $5600 per month with all CAMS included, resulting in occupancy costs of under 10%. The equipment is clean and in good repair and the Seller just recently finished a major recent upgrade. Good books are available with very attractive margins.
This Seller is VERY concerned about confidentiality and has asked the Broker to ensure all prospective Buyers sign the online non-disclosure agreement as well as verify their ability to purchase prior to releasing any information on this listing.

Detailed Information

Location:
Arapahoe County, CO
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
7/15/2020
Employees:
12
Facilities:
Furniture Chairs 40 Booths 18 tables 20 patio chairs 20 patio tables 4 Silk paintings 12 fans 5 rugs 5 blinds 12 Umbrellas 4 glass table tops 25 wine racks 6 bar stools 3 misc decor Bose sound system POS Cash register TVs 5 storage shelves 15 FOH buffet security cameras 3 comp sink bar sinks 2 BOH beer chiller wine chiller walk in cooler walk in freezer SB freezer meat grinder food warmers 2 dishwasher ice machine microwaves 2 grease pump water heater dbl door oven 10 range 3 Imperial high powered burners fryer clay ovens 2 Curry cooler condiment cooler blenders 2 catering van misc glassware misc sliverware Misc cooking equipment
Competition:
Proven location and concept In business and profitable for 18 years Located in a busy strip center with an Indian grocery
Growth & Expansion:
Massive upside with marketing and advertising as none has ever been done Delivery is also a possibility There is a catering van that comes with the deal and catering operations could be greatly expanded
Support & Training:
10-14 days more TBN
Reason for Selling:
Relocation
Business Website:
http://www.wesellrestaurants.com
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Bob Steinberger

Business Listed By:
Bob Steinberger

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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