Profitable Indian Restaurant with steady customers

Houston, TX (Harris County)

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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $400,000

EBITDA: $85,000

FF&E: N/A

Inventory: $10,000*

Rent: $1.39 /Month

Established: 2012

*not included in asking price.

Profitable Indian Restaurant with steady customers

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Business Description

Be your own boss and make 6 figures from 1st year.

· Great Location, less than 0.5 miles from major Highway and right on a very busy street seeing approximately 50,000 cars per day.
· Doing around 400000$ gross, potential to make $600000 to $800000 without any additional expense or investments.
· Huge parking lot In a busy strip mall
· Private sign board on main street
· Surrounded by Residence communities as well as businesses

Why this can be a great opportunity for someone new in restaurant business
· Seasoned and trust worthy staff which has been with restaurant for years, staff may be retained depending on negotiation with new owners
· Business will be profitable from day one due to our steady clientele and years of reputation
· 4 star plus reviews on all online platforms makes us the top Indian restaurant in area
· Most preferred business for north Indian catering in Houston and Katy area
· Low rent $2,500 per month (includes water and AC Repairs)
· Passed Fire Marshall inspection and scored 100 on Health inspection.

Name will be disclosed after signing attached NDA

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
11/10/2022
Facilities:
- fully equipped kitchen, enough to handle large caterings · Great condition equipment including two big walking coolers(cooler and freezer), buffet setup (warmers and coolers), two tandoors and many more professional grade equipments · Great furniture, fine dine interior with great wall arts - Wine display wall and a small bar setup · New Clover system, Brand new Water heater, all new fire equipment, New 8 channel Camera system ++Many more assets
Competition:
Restaurant is on the busiest road in this area with very low competition for Indian restaurant, plus being in existence over 6 years with 4.5 star reviews, it is most preferred place for Indian food in 5 mile radius.
Growth & Expansion:
Very easy to increase the business by 50-60% by simply adding following: - Sign up for catering services (EZcater, fooda, etc) and add more online delivery partners - Add more chat options - Add south Indian options (many many south Indian households near by with no good restaurants) - Selling hard liquor can easily add upto 3000-4000 per month in profits.
Support & Training:
Owner will agree to train and support new owner for period of time based on the negotiation. It will be great opportunity for someone new in restaurant business.
Reason for Selling:
Owner relocating
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Business Listed By:
Akki

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