High-end Indian Restaurant

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$250,000 $720,000

Food & Beverage: Miscellaneous

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RE: High-end Indian Restaurant Broker: Stephen Lee
License #: 567204

Quick Facts

Asking Price: $250,000
Annual Revenue: $720,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 6
BBN Listing #: 21119188
Broker Reference #: 000842

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Business Overview:

Prime location Indian restaurant & banquet hall serving lunch buffet and is next to huge nationwide retail stores in North Dallas is available for acquisition. This business was established by the current owner of the business in 2016. Most of the customers are mixed crowd of different demographics consisting of individuals and families with high income that lives in the surrounding area as well as traffic that comes from the major highway for the nationwide furniture store that is next to this business. The local area is jam-packed with many nationwide retailers and businesses that bring a consistent stream of customers that are around shopping or passing by during normal commute hours. Major nationwide banks and a national home goods store anchors this business to this location. This modern Indian restaurant offers a variety of quality Indian food with over 150 menu items from traditional to modern fusion Chinese cuisine that is far superior to any other restaurant in the area in terms of high-quality products and services served buffet-style. Gross sales of this high volume Indian restaurant have been consistent for the last several years running at around $720,000/year without any marketing except for Facebook and general business listings on Yelp & Google including 3rd party delivery services. Currently, there is very minimal amount of marketing being done with many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, daily specials and etc. Owner involvement is crucial for this business to keep growing further and acquire more cash flow through replacement of the management staff with full-time owner-operator taking care of all management jobs. The current owner works roughly an hour a day to stay involved in the general operation of the business, but more time needs to be allocated if the quality of the business is to increase to higher sales and customer retention. Huge parking space surrounds this business and the interior has ample amount of space for large parties. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business occupied in a 4,744 Square Feet space of retail strip center that is conveniently located just off the major highway and is anchored by nationwide hardware store and small businesses. The interior facility is extremely well-built and has much more room for renovations to modernize the business. / Inventory: $2,500 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors were found within the immediate market area, but none of the other competitors have banquet halls with reasonable price points compared to this business. Growth and Expansion: There is currently no marketing done to proactively grow the business. Much more marketing is needed through local marketing, catering service, lunch special and delivery service thru 3rd party delivery.

Reason for Selling:

Move/Other opportunities.

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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