$126,000 NET Very Popular Indian Restaurant & Bar

Phoenix, AZ
Maricopa County

Asking Price: Annual Revenue:
$250,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $126,000 NET Very Popular Indian Restaurant & Bar Broker: Mike Darmo

Quick Facts

Asking Price: $250,000
Annual Revenue: $780,000
Net Profit: $126,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 435059836
Broker Reference #: Not Disclosed

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Business Overview:

This Turn-Key business has tons of potential and a strong following! This restaurant is a casual-elegant restaurant that prides itself in food quality and customer satisfaction. The current owner is absentee and the operating partner receives a salary of $4,500 per month with is added back into the NET otherwise you can run it absentee and make around $72,000 per year. The business has been around for over a decade with a strong following. The owner hasn't had the time to market it to its full potential since they have multiple businesses but the increase in revenue should be easy with a new fresh dedicated owner. The restaurant also has a full bar as well and very large kitchen with a 3 hoods and 3 walk-in cooler and freezer. The restaurant sits in the middle of a very busy shopping center near major highway intersections. The restaurant is 4,100 square feet with a outdoor patio as well and a lease of only $7,650 per month with all NNN Included with no increase with 4 years remaining and a 5 year option. Seller has all the staff in place that have been with them for years and will stay with the new owner. They also have a space next to restaurant that could be converted to a small grocery store as well that is included in the lease but is currently used as storage. Hurry up this won't last long.

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Property Features and Assets:

4,100 Square feet restaurant with bar and patio outside.

Market Competition and Expansion:

Tons of room for growth with more time and a dedicated owner. The Brand is very strong!

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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