Indian Restaurant For Sale

Chapel Hill, NC
Orange County

Chapel Hill NC

Asking Price: Annual Revenue:
$225,000 $480,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Indian Restaurant For Sale Broker: Sara Cartee
License #: 180606

Quick Facts

Asking Price: $225,000
Annual Revenue: $480,000
Net Profit: $93,300
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 6
BBN Listing #: 40991150
Broker Reference #: FS97688

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Business Overview:

Fantastic Opportunity! Returning students and faculty will make this restaurant's business boom. Yes, there was a significant sales drop last year when the pandemic arrived. But this business survived the sales reduction and is strategically located to rebound as the recovery will arrive in Chapel Hill, NC with the returning students and staff for 2021. The seller is expecting a significant rebound but his personal situation has changed and other obligations create the need to sale. At the current monthly sales the business averages $40k per month. Last year just before the pandemic caused the sales to plummet the monthly sales number total was $70,000 (February 2020). Seller is expecting a 50-75% increase from the current sales level.

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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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