Halal Indian Restaurant and Hookah Bar For Sale

Not Disclosed, NJ
Passaic County

Asking Price: Annual Revenue:
$78,000 $187,200

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Halal Indian Restaurant and Hookah Bar For Sale Broker: Solomon Sasson

Quick Facts

Asking Price: $78,000
Annual Revenue: $187,200
Net Profit: Not Disclosed
Cash Flow: $51,852
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 18712979
Broker Reference #: 6312ss

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Business Overview:

Halal Indian restaurant with great ambiance. Hookah lounge, catering and takeout options, backyard for outdoor smoking or dining. Big growth potential as it's located on a main avenue, lots of food and car traffic with no competition around. New owner can change menu and operating hours, add entertainment to increase revenue. 20,000 FFE and 2,000 inventory included in asking price. Owner selling to go back to school.

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Property Features and Assets:

1,200 square feet with 600 square feet basement, has 4 car and street parking, equipment and furniture in good condition, 4 year lease plus 5 year option.

Market Competition and Expansion:

None around, open on Tuesday, add entertainment on weekend, offer specials, add website and Grubhub/Ubereats/etc.

Reason for Selling:

Going back to school.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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