Profitable Indian Restaurant for sale

Oakland, CA (Alameda County)

Profitable Indian Restaurant for sale
Contact Seller

Asking Price: $595,695

Cash Flow: $303,694

Gross Revenue: $1,136,126

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $10,753 /Month

Established: 2017

Profitable Indian Restaurant for sale

Save Print Share Valuation Report

Business Description

Location plays a major role in any successful business. Delicious Indian food served with pride is what you'll find here. This rare gem is perfectly located close to Oakland Airport and Oakland Coliseum in a strip Center with major foot traffic.

Seating capacity of 75 people, 2800 SQ FT. total area with lots of room to expand. 40+ parking 20+ reserved for the Restaurant room to park buses in the rear of building. Popular location with tons of walk in business.

Rent is only $10753.00 a month. Total lease length is 20 years with the option to renew every 5 years. The current tenant has 2+ years remaining on the first option. Monthly sales of $100,000+ . In business for 2+ years all equipment and appliances are fairly new: double hood and kitchen.
Serious buyers only and all paperwork is available for review for qualified buyers -business is SBA approved with 10% down payment for qualified buyers.
Plenty of storage room and equipped with wine and beer License. Please contact me for more information and if you want to tour the business.
Sales and other figures are generated on the behalf of first 6 Months performance of business actual out come may be different at the end of the year.

Detailed Information

Location:
Oakland, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
N/A
Employees:
12
Facilities:
All furniture, fixtures, fridge, walk-ins, cooking appliances, buffet bar, POS systems etc are included in price
Competition:
No other Indian Restaurant in the surrounding area
Growth & Expansion:
Currently this location only possesses a beer and wine license. There is opportunity to expand into a full Liquor Bar
Support & Training:
Sellers are willing to support for one month, no more than 20 hours a week
Reason for Selling:
Other interests
Contact Seller

Contact the Seller

Contact Seller Loading

Malkeet Singh

Business Listed By:
Malkeet Singh

NAI commercial

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1661081 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Oggi's Sports Brewhouse Pizza

Franchise Opportunity In CA
Cash Required: $250,000