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$199k buys $140k cash Flow on Tax Returns 19629

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Addison, Texas (Dallas Co.)   |  Food and Beverage Businesses for Sale – Other Food and Beverage Businesses for Sale

Business Description

MegaBite Restaurant Brokers LLC offers, for your ownership
consideration, a well-established Indian Restaurant offering
delicious Indian dishes (vegetarian and non-vegetarian) in a
relaxing atmosphere. The seller finished the lease space and
purchased new equipment in 2007. The restaurant has a loyal
and dedicated following; the owner estimates that 75% of the
client base are repeat. Banquets and catering also generate
~15-20% of monthly sales. Known for its consistent and
quality food, the restaurant offers extensive lunch/dinner
buffets and menu service. The restaurant will benefit from a
new owner's energy and promotion of the patio and bar
The owner converted the current space and opened the
current concept in 2007. He built the business by offering
excellent and delicious food prepared and served by attentive
staff. The restaurant is very popular amongst the Indian
community, especially for weddings. The owner has made a
lot of money and is ready to exit the food business and start a
retail store.
The asking price for the assets of the business is $199,000
ALL-CASH or BEST OFFER. The assets include inventory at
cost of $3,000 and FFE (Furniture, Fixtures and Equipment)
valued at $75,000. A purchaser will need to assume the
dishwasher lease (approximately $275/mo). $199,000 buys
$140,000 Cash Flow on TAX RETURNS

About the Business

Year Established:
Number of Employees:
The ~6600 SF stand-alone building is leased for
$10,000/month. The restaurant is located in a stand-alone
building that consists of ~6600 SF with a large patio. It has
two separate dining rooms (private area can seat ~90-100),
buffet area with two 22' granite-topped buffet lines, large
fully-equipped kitchen and prep area, ~18x8 walk-in cooler,
~7x8 walk-in freezer, dry storage, restrooms.
Market Outlook/
This is a strong location with excellent potential. A new
owner can continue to grow the business and profits in
several ways: 1 Add tables/chairs and open Patio Dining
Area, 2 Start serving mixed drinks. Expand bar. 3 Promote a
happy hour for customers, 4 Continue to promote as banquet
location for weddings and corp events, 5 Bring new energy
and ideas to create Excitement in restaurant, 6 Internet
marketing via a website, emails, Yelp,

About the Sale

Reason For Selling:
burn-out - moving into smaller, non-food retail business
The seller wishes to ensure a seamless transition with a
purchaser. He will train a buyer for 2 weeks included in the
purchase price. The seller is willing to remain for a longer
period of time, if desired by a purchaser, at mutually agreed
Cash Flow Comments:
EBITDA: $144,393
Seller Financing:
Seller prefers all cash but will consider reasonable offers

Listing Info

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Asking Price:
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Cash Flow:
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U.S. Census Data for Dallas County, TX



Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Dallas County, TX


Source: American Community Survey (2010-2014), United States Census Bureau.

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