3 Award Winning Central Coast Restaurants

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Award Winning With Strong Brand Recognition
Asking Price:
$850,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

In business for over a decade, these 3 successful restaurants boast a loyal following of repeat customers. These restaurants have won numerous awards and accolades from their respective local media outlets for their carefully prepared classic Indian cuisine. Each restaurant has a strong repeat customer base that is supplemented by domestic and international tour groups and large catered outside parties and corporate events.

Restaurant #1 seats 144 total (65 inside, 79 outside), has 12 employees (part and full time) and a type 47 hard liquor license. The restaurant is located in a central downtown location with beautifully decorated patio and serves primarily loyal local & tourist customers.

Gross sales: 2017 - $890K, 2018 year to date $710K.

Restaurant #2 seats 60, has 7 employees and a type 41 beer and wine license. The restaurant is located in a very high traffic tourist attraction area.

Gross sales: 2017 $390K, 2017 year to date $346K. There is a very high potential that sales can be easily doubled.

Restaurant #3 seats 90, has 7 employees and a type 41 beer and wine license. The restaurant is located in a very desirable residential area.

Gross sales: 2017 $650K, 2018 year to date $525K

Asking prices are as follows:
Restaurant #1: $400,000
Restaurant #2: $300,000
Restaurant #3: $250,000

All 3 restaurants: $850,000

This is a rare opportunity to acquire 3 dynamic venues that can be left to successfully operate as is or modified as per a new owner’s desires.

For more information, email us at info@carmelbizsales.com or call us today at (831) 625-5581

About the Business

Location:
Monterey County, California
Franchise:
Yes
Facilities:
Restaurant #1 seats 144 total (65 inside, 79 outside)
Restaurant #2 seats 60
Restaurant #3 seats 90
Market Outlook/
Competition:
In business for over a decade, these 3 successful restaurants boast a loyal following of repeat customers. These restaurants have won numerous awards and accolades from their respective local media outlets for their carefully prepared classic Indian cuisine. Each restaurant has a strong repeat customer base supplemented by domestic and international tour groups and large catered outside parties and corporate events.
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About the Sale

Training/Support:
Available

Listing Info

ID:
1579160
Ad Detail Views:
0

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Business Listed by

Carmel Business Sales

Carmel Business Sales
License# 01970708

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