Long established Indian Restaurant for Sale

Austin, TX
Travis County


Asking Price: Annual Revenue:
$297,000 $860,826

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Long established Indian Restaurant for Sale Broker: Dave Duce

Quick Facts

Asking Price: $297,000
Annual Revenue: $860,826
Net Profit: Not Disclosed
Cash Flow: $118,555
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 5
BBN Listing #: 41678096
Broker Reference #: 8130

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Long-established Indian Restaurant for sale in Central Austin! Established, award-winning mainstay of the Indian cuisine in Austin since 1990! The owners are ready to retire! This brings to market a fantastic, amazingly well-established restaurant in the Austin food scene.

This is an amazing Restaurant for sale! It has won numerous awards through the many years and was even named a Mainstay of Austin Dining by the Austin American Statesman magazine. The original owners decided to bring authentic tastes from India to the palates of Austinites, and the rest was history.

The Restaurant for Sale offered by We Sell Restaurants made $160,000 take- home in 2019. After closing for lunch and going to only take-out and delivery, profit went to a very respectable $80,000 in 2020. Customers are asking to return, and the owner expects a full return to pre-pandemic sales as the vaccines take hold and the world opens up again. Pre-Covid, this restaurant was known for its fantastic buffets. The menu has been honed over time, with dishes both beloved by regulars and exciting to newcomers.

This Indian Restaurant for Sale has an ample 2,000 square feet that can accommodate 82 customers. The full commercial kitchen has two hoods and a grease trap, and it is perfectly suited to producing the menu. Amazingly low rent of rent of $4,800 could potentially raise for a new owner, but would most likely remain low for Austin.

How have we made it this far without talking about the location! It is near the intersection of both I-35 and two other major highways, making it easily accessible from far and wide. The location of this Indian Restaurant for Sale itself is close to a movie theatre and other thriving restaurants, including one that could be called a new critic favorite. It is also in a revitalizing area near massive development projects in Central Austin, with literally many millions of dollars being poured into the area. There is already a movie theater, with offices, medical,retail, apartments and Austin Community College right nearby.

This is the perfect time to own a thriving piece of the Austin food scene. This Indian Restaurant for Sale has served thousands of Austinites for decades -- be the new owner and you buy both history and potential!

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:

Walk in freezer Walk in cooler reach in freezer ice machine four stoves oven two commercial Tandoors large signage double prep table and cooler small wares

Market Competition and Expansion:

While there are restaurants close by, there are few Indian options and none in the immediate vicinity. The market has shown for 30 years that it will support and sustain this cuisine at this location.

Reason for Selling:

Retirement

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!