Restaurant For Sale in Booming Greensboro

Greensboro, NC
Guilford County


Asking Price: Annual Revenue:
$150,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant For Sale in Booming Greensboro Broker: Justin Scotto

Quick Facts

Asking Price: $150,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 17298096
Broker Reference #: 7542

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Business Overview:

Indian Restaurant for Sale with a large square footage layout ready for new owner. Seller moving onto new business venture and must sell! LENDING AVAILABLE for buyer with strong credit. Need lending assistance? This listing, priced between $20,000 and $200,000 can be financed with our lending partners. 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 in the next 48 hours.? This amazing Indian restaurant for sale is being offered at a huge reduction in price. Priced to sell and ready for any new owner. Keep the current concept of an Indian restaurant or bring a new concept. This large footprint of 3589 square feet can handle any restaurant need. Situated in the rapidly expanding market of Greensboro, NC and showing major population increases for the surrounding area. Greensboro is the third most populated city in North Carolina and the 68th most populated in the entire United States. The city is known for it's arts, many events and attractions luring new residents from all over. Currently the population of Greensboro is over 287,000 people. Situated in a high traffic retail shopping center this Indian restaurant for sale has an all in rent of $6394 per month. Surrounded by large retail tenants, restaurants, offices and much more. Parking is not a problem in this large shopping center with parking located throughout. Established in 2015 there is approximately 5 years left on the initial lease term and another five year option as well if exercised. You won't find a restaurant as turn-key as this one on the Greensboro market. If you are looking to get in on a major discount so you can start your restaurant dream, then We Sell Restaurants has it and this is it. Why buy brand new when you have this restaurant ready to go with construction completed and all equipment in place. Upon entering the dining room you will find a very elegant theme of decor and even a built in bar. With seating for over 120 guests this Indian restaurant for sale can handle any sales volume or even catering to a private event with such a large dining room. The kitchen is fully equipped for any restaurant need. With equipment items such as hood system, deep fryers, walk in coolers, ice machine, reach in coolers, pos system, and plenty more to keep your start up cost down. Restaurant and kitchen tours are available by reaching out the listing broker and completing confidentiality. No offer is a bad offer. Turn-key listings do not last long in booming markets. Make an offer today on this Indian Restaurant for Sale!

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Property Features and Assets:

Walk-in Cooler is a fixture Tandoor Oven X 2 Clover POS System and Printers 2 X HVAC 3 Door Bar Cooler 30 Tables 120 Chairs 10 Bar Chairs 2 X2 door Prep coolers Ice Machine 2 door Freezer Dish Washer 3 Prep Sinks 20 racks 2 Deep Fryers 12 burners range 2 Pot burners Miscellaneous pots and lids in different sizes Dough making machine Fully installed hood is a fixture Surveillance Camera System 1 TV Fully functional music system 1 Hot and 1 Cold buffet tables 1 Microwave 2 Rice warmers 2 Conventional Ovens Big Hand Grinder Smoothie Maker 7 Storage wracks 3 hard Hot Cases 4 soft hot cases 1 Big chandelier and several small multi colored chandelier 1 Host table Custom Built bar Cups plates cutlery and variety of beverage glasses 4 Hand washing sinks Water Heater Hood system is a fixture

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:

Moving

Additional Details:

  • The property is leased.
  • The owner is not 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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