Profitable Indian Restaurant in Triangle (Raleigh Durham Chapel Hill)

NC

Profitable Indian Restaurant in Triangle (Raleigh Durham Chapel Hill)
Contact Seller

Asking Price: $825,000

Cash Flow: $350,000

Gross Revenue: $2,200,000

EBITDA: N/A

FF&E: N/A

Inventory: $20,000

Rent: $15,000 /Month

Established: N/A

Profitable Indian Restaurant in Triangle (Raleigh Durham Chapel Hill)

Save Print Share Valuation Report

Business Description

Top-rated, profitable, full service restaurant for sale in the Triangle area (“Raleigh-Durham-Chapel Hill”) marked for its unparalleled location, established goodwill, excellence in hospitality, authentic taste, consistent food, trained multi-chef kitchen crew and staff, and a huge beeline of customers!

This location is ideal for an Indian restaurant, but suitable for other concepts too that do not already exist at the Center.

The absentee-owned restaurant has sales in excess of $2,000,000 annually with seller’s discretionary income of nearly $350,000 annually. Additionally, estimated annual savings in labor costs are up to $650,000 with a successful family owned and operated business model. Perfect opportunity for a family that is passionate about restaurant business embodying higher stability, commitment, profitability, customer confidence, and branding.

Conveniently housed in a grocery anchored popular retail center, the Indian restaurant for sale is a popular destination for Indian customers. The restaurant has a space of ± 6,300 square feet and a maximum seating capacity of 250. It has a private dining area which can accommodate group celebrations and events. The fully equipped commercial kitchen has everything in working order and ready for a new owner to begin operations on day one. The restaurant provides an ambience of comfort and an instant sense of belonging to the Indian at heart. It resonates very strongly with the Indian culture of openness, warmth, hospitality, caring and sharing. The total monthly rent is $15,000 including nets. New owner will get support for 2-3 weeks at no cost for smooth transition.

Within 5 mile radius of this retail center, the average household income is over $125,000, and the daytime population is over 100,000. The location has a traffic count of 30,000 vehicles per day. The vicinity has a strong residential population and the world-renowned Research Triangle Park ("RTP"), the largest employment center in the region with over 60,000 employees, government and world-class universities, medical centers and schools.

Intrigued? Send your Personal Financial Statement and complete Buyer Profile for preliminary screening. No exceptions; serious inquiries only.

If you are financially qualified for the purchase, you will receive the NDA and all details regarding this restaurant will be shared upon execution of the NDA.

For more information, or to list your restaurant or other businesses, contact Madhur Gupta at 919 428 9840. Visit http://www.rplusi.com for a complete list of all businesses for sale or coming soon.

***Information in this listing has been provided by the seller and third parties, and is subject to change without notice. Buyer must independently verify this information, and we assume no responsibility for its accuracy or completeness.***

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,300
Lease Expiration:
N/A
Competition:
A favorite among Indians, this is a top rated restaurant with little or no competition.
Growth & Expansion:
Affluent and growing Indian population nearby makes this location a steal.
Reason for Selling:
Other Interests
Business Website:
http://www.rplusi.com
Contact Seller

Contact the Seller

Contact Seller Loading

Madhur Gupta

Business Listed By:
Madhur Gupta

Madhur Gupta

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1597352 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


Huddle House

Franchise Opportunity In NC
Capital Required: $519,935