Indian Full-Service Restaurant or Conversion 19856

Irving, TX
Dallas County


Asking Price: Annual Revenue:
$200,000 $1,080,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Indian Full-Service Restaurant or Conversion 19856 Broker: Jeff Adam
Owner Financing is Available!
Price $200,000 cash or $300,000 with $150,000 down & $150,000 Seller Financing.

Quick Facts

Asking Price: $200,000
Annual Revenue: $1,080,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 5
BBN Listing #: 523118963
Broker Reference #: 19856

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Business Overview:

MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a well-established, full-service absentee-owned South Indian restaurant offering delicious Indian dishes (vegetarian and non-vegetarian) in the Irving Los Colinas area.
The owner describes the business as being located near large businesses and in a densely populated Indian community. The loyal and dedicated customer base comes from two distinct groups: nearby businesses and local residences. The business is located along a high traffic major thoroughfare.
The seller finished out the new construction lease space and opened in 2016 with a total investment $450,000. Known for its consistent and quality food, the restaurant offers a lunch buffet and dinner menu service. The restaurant has many growth opportunities and is well-located in the densely populated and busy commercial area of Irving Los Colinas.
The asking price for the assets of the business $200,00 ALL CASH or $300,000 with $150,000 cash down plus $150,000 seller financing to a purchaser qualified and approved by the Seller. THE SELLER PREFERS TO SELL FOR ALL CASH. The assets include inventory at cost of $8,000 and Furniture, Fixtures and Equipment valued at $50,000.
We know about many businesses that are for sale but might not be advertised. Check out www.megabite-rb.com for more information
KEYWORDS: restaurant, food, vegetarian Catering, biryani, biriyani Indian recipe, curry, south north cuisine spice spicy seasonings Asian Chinese Tandoori lamb goat mutton chili Tikka Masala Kofta Kabab Bhuna kashmiri Sell my Indian Restaurant For Sale.

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Property Features and Assets:

The restaurant consists of ~5,000+/- Square Feet offering inside seating for 151 + additional patio seating. The open concept bar/restaurant is on 1 floor. The floorplan consists of a main dining room, front bar, covered patio area, Men’s and Ladies 3-fixture restrooms, walk-in beer cooler, walk-in kitchen cooler/freezer combo, dry storage, office and prep kitchen. Facility is leased for $13,734/month +NNN. The Seller believes that the landlord will offer a long-term lease plus renewal options to a qualified tenant.

Market Competition and Expansion:

Competition:The food service industry is very competitive, and this Indian restaurant is no exception. The local market has a range from small local mom & pop’s to large international food chains including fast casual, quick service and full-service Indian restaurants. HOWEVER, the Owner feels that no area restaurant bar offers the food quality, atmosphere, growth opportunity, capacity and sheer enjoyment of this business. Growth & Expansion:This is a strong location with high volume and excellent potential. A new experienced food-service owner-operator can continue to grow the business and profits in several ways including 1) hand-on owner management to improve service, 2) marketing (none currently in place), 3) social media marketing including Facebook, Yelp, 4) email marketing, 5) expand catering, 6) reduce food & packaging cost, 7) expand current hours, 8) market lunch to large local business and corporate market

Reason for Selling:

Absentee Owner.

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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