Profitable Indian Restaurant in Great location!

Sunnyvale, CA (Santa Clara County)

Profitable Indian Restaurant in Great location!
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Asking Price: $275,000

Cash Flow: $150,000

Gross Revenue: $870,000

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Rent: $7,280,000 /Month

Established: 2005

Profitable Indian Restaurant in Great location!

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Business Description

Established and Profitable Indian restaurant with 200K Net to Owner for Projecte

A 12 year old very established Indian Restaurant in a great location! 2017 Owners adjusted profits of over 150K with 2018 projected of over 200K.
Business has picked up greatly with new focus of catering lunches with many companies in the area. Very loyal staff has been in place for several years.

Local 4000 unit apartment building being built and Apple Campus this business is automatically set up for large growth.

Approximately 1,300 square feet (Does not include outside seating)

Lease $5,600 monthly including NNN.

Wine and Beer License.

If you are looking for a profitable business in a affluent area with a lot of upside, this is the business to purchase!

Seller very motivated because of other business interests! Hurry if interested as this business won't last with only 1.5 multiplier projected for 2018. Get your full return on investment in only 18 months!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Not much competition in this area at all.
Growth & Expansion:
Local 4000 unit apartment building being built and Apple Campus this business is automatically set up for large growth. Catering has gone over very well the last few years so more focus on growing company accounts will be positive for business.
Support & Training:
Full training to transition buyer.
Reason for Selling:
Other business interests
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Miles Pruitt

Business Listed By:
Miles Pruitt

Probus Business Sales

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