Established in 2019, this profitable Nepali-Indian restaurant and bar is strategically located in a high-traffic area of Watertown, MA. This turnkey operation generates impressive annual revenue of $1,200,000 with strong year-over-year growth, demonstrating solid market position and operational excellence.
Key Business Features:
• 89-seat capacity restaurant with full liquor license and live entertainment permit
• Authentic Nepali-Indian cuisine with loyal customer base and strong online presence
• Complete FF&E package valued at $100,000
• Inventory valued at $20,000
• Absentee owner operation proving strong business systems and management structure
Financial Overview:
• Annual revenue: $1,200,000
• Monthly lease: $6,200 through December 31, 2027
• Asking price: $349,000
• Seller financing available
Growth Opportunities:
• Untapped potential in bar revenue and live entertainment events
• Catering and delivery expansion possibilities
• Extended operating hours and private party hosting
• Enhanced marketing initiatives to attract new customers
The current owner, focused on other business ventures, provides an excellent opportunity for a dedicated operator to maximize this restaurant's potential. Located in a vibrant dining district with steady foot traffic, the business successfully competes through authentic cuisine and inviting atmosphere.
Comprehensive owner support includes training on daily operations, vendor management, recipes, and staff procedures. The flexible training period can be customized based on buyer experience to ensure seamless transition and continued success.
This established restaurant represents an exceptional investment opportunity with proven profitability, significant growth potential, and the infrastructure needed for immediate operation in the thriving Watertown market.
Ad#:2423315