Semi-Absentee Popular Indian Restaurant and Bar

Scottsdale, AZ
Maricopa County


Asking Price: Annual Revenue:
$300,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Semi-Absentee Popular Indian Restaurant and Bar Broker: Mike Darmo
Owner Financing is Available!
$200,000 down and the Balance of $100,000 for 3 years at 7%.

Quick Facts

Asking Price: $300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $95,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 343759836
Broker Reference #: Not Disclosed

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Business Overview:

This Owner Semi-Absentee-Run 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 business has been around for almost 2 decades with a strong following. There is no advertised net and gross because currently it is breaking even due to the owner not having the time to run it themselves. The brand of the restaurant is very strong and should recover to pre-covid numbers but since the restaurant moved locations right before COVID, the owner hasn't had the time to market it to its full potential since they had multiple locations but the recovery should be easy with a new fresh dedicated owner. The owner is just tired since they have been doing it for almost 20 years. The restaurant also has a full bar as well and very large kitchen with a hood and walk-in cooler and freezer. The restaurant sits in the middle of a very busy shopping center near major highway intersections. The restaurant is 3,200 square feet with a outdoor patio as well and a lease of only $6,049 per month 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 The Seller is also offering amazing seller financing terms with $200,000 down and the Balance of $100,000 for 3 years at 7%. Hurry up this won't last long.

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Property Features and Assets:

3,200 Square feet restaurant with bar and patio outside.

Market Competition and Expansion:

Tons of room for growth with more time and a dedicated owner.

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.

Relevant Links:

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