Fully Equipped Restaurant

Not Disclosed, TX
Tarrant County

Fort Worth

Asking Price: Annual Revenue:
$40,000 $300,000

Food & Beverage: Miscellaneous

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RE: Fully Equipped Restaurant Broker: Moon Kim

Quick Facts

Asking Price: $40,000
Annual Revenue: $300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 860619188
Broker Reference #: 000792

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Business Overview:

Prime location full-service traditional Indian restaurant serving authentic Indian cuisine in a turnkey situation is available for acquisition. The business was originally established as a Japanese restaurant by previous owner and was later acquired by current owner in 2018 and the owner has transitioned it to the current business concept. This business in a 3,150 Square Feet end-cap space of premier retail center is located next to an intersection with consistently heavy traffic and nearby densely populated residential area and small businesses that attract a number of people to the area. Most of the customers are individuals from the nearby densely populated residential neighborhoods filled with a large community of middle to upper-class and Middle-Eastern population. Competition can be expected for this type of business, but there is no direct competitor with similar concept that is within the immediate market area of this business. This fully-equipped restaurant was renovated when the current owner of the business acquired this restaurant in 2018 and all equipment is top-of-the-line within the industry and is in excellent condition, less than a year old. Proactive marketing in various methods such as Facebook and Yelp, etc. is crucial to the further growth of this business, and acquisition of new customers from untapped areas of the city will boost such growth. There are many ways to proactively market this business such as direct mailing, social media outlets, catering service, delivery service, 3rd party delivery service, flyers, daily specials and placing an experienced manager in place to supervise the business. A full-time owner-operator will be benefited from cutting down unnecessary payroll expenses, but having a manager in place will provide its own benefits such as giving additional time to the owner to proactively market and manage the back-office work of the business. There is a wide variety of menu items that range from appetizers, soups, noodles, rice, sea food, Indo-Chinese menu and desserts. This high-end full-service restaurant is priced to sell for $59K, ready to be converted into other type of cuisine by experienced restaurant owners who have their own concepts.

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Property Features and Assets:

This business is located in a 3,150 Square Feet retail end-cap space of upscale retail strip center that is next to an intersection with consistently heavy traffic and retail businesses that attract people to the area. All equipment is in impeccable condition and in working order. Inventory: Not Disclosed.

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business recently has been renovated by current owner and all the equipment is in excellent condition. Growth and Expansion: Some marketing is in place through social media outlets, but other proactive marketing methods needs to be fully utilized for this business to reach full capacity.

Reason for Selling:

The owner has a full time commitment to elsewhere.

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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