Indian Restaurant for Sale

Charlotte, NC
Alamance County


Asking Price: Annual Revenue:
$225,000 $535,635

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Indian Restaurant for Sale Broker: Justin Scotto

Quick Facts

Asking Price: $225,000
Annual Revenue: $535,635
Net Profit: Not Disclosed
Cash Flow: $90,724
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 7
BBN Listing #: 3568096
Broker Reference #: 7875

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Business Overview:

Popular Indian Restaurant for Sale on track to do over $535,000 in sales for 2020. Seller looking to retire and pricing to sell!

Need lending assistance? If your credit score is 680 or above, contact the restaurant brokers at We Sell Restaurants for an introduction to our teams that can have you approved on this Indian Restaurant for Sale in the next 48 hours.

Amazing Indian restaurant for Sale with an incredible menu is ready for a new owner. If you are looking for a turn-key operation with plenty of opportunity then this 2,932 square foot Italian Restaurant for Sale might be the business for you. Why question what your profit might be on day one with a new start up, when you can buy this existing restaurant with established customers and profit you can take straight to the bank. Seller has spent thousands in start up cost to get this restaurant going, but has decided now is the best time to retire. We Sell Restaurants have this one priced to sell and it is currently on track to bring in an owner benefit of over $90,000 for 2020.

Seller has not only spent thousands in build out costs, but has dedicate hundreds of man hours planning out the most perfect Indian Restaurant in town. Fully equipped from the dining room to the kitchen it has it all. In the dining room there is plenty of seating for 70 plus customers to include brand new booth seating. Also inside this popular restaurant destination is a built in bar that any new owner can benefit from. Currently the seller is not promoting the alcohol sales, but there is huge opportunity to expand the hours and stock up the bar for another revenue stream. The dining room in this Indian Restaurant for Sale also features a buffet style menu with plenty of equipment to handle the biggest crowds.

The Kitchen in this Indian Restaurant for Sale is in fantastic shape with recently purchased equipment. Many items include walk in cooler, walk in freezer, prep tables, deep fryers, huge stove top, ovens, stockpot burners, additional coolers, storage racks, dish system and plenty more for any new owner to benefit from. Equipment inspection is available during any due diligence period. Currently there is a 5 year lease with possible lease options available. Current all in rent is $6,230.50 per month.

Not only is the restaurant incredible on the inside, but outside this restaurant for sale is surrounded by major daytime and night time populations. Situated near a major hospital, university, and business park, this establishment will have no issue of having a lunch crowed. Currently this Indian restaurant for Sale offers take-out options and third party delivery so everyone can enjoy the best Indian food in town. Within a 10 minute drive there is a population over 156,000 people and over 59,000 households. Population and local business's are growing and so can any new owner of this restaurant for sale.

Profitable and ready to go. Complete confidentiality today to obtain more information on this Indian Restaurant for Sale.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

3 Booth seating systems 20 dining tables 6 highchairs 1 hostess stand 1 waiting area booth 3 TVs 52 dining chairs 2 hot buffet serving tables 1 cold buffet serving table 1 POS system 1 ice machine 1 rice warmer 2 microwaves 5 wire storage shelf systems 1 camera system 1 10 foot hood is a fixture 1 11 foot hood is a fixture 1 four foot deli table 1 ss hand sink 2 Tandoori ovens 1 three foot ss prep table 1 walk in cooler is a fixture 1 walk in freezer is a fixture 1 six foot deli table 1 deep fryer 1 ten burner stove top with ovens 2 stockpot burners Misc utensils and dishes 1 ss hand sink 1 dish system is owned by vendor 1 six foot SS prep table 1 three compartment sink 1 double compartment sink 2 wire storage rack shelf system 1 three foot low top ss table 1 electric meat grinder 1 blender 1 processer 1 mixer 1 eight foot wooden top prep table 1 two door cooler

Market Competition and Expansion:

Charlotte has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 38.0%

Reason for Selling:

Retiring

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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