Award Winning Restaurant with Full Bar in Great Downtown Location

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RARE OPPORTUNITY TO OWN AN AWARD WINNING RESTAURANT WITH STRONG BRAND RECOGNITIO
Asking Price:
$400,000

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

This award winning restaurant has been in business for over a decade. It boasts a loyal following of repeat customers. It has won numerous awards and accolades from local media outlets for their carefully prepared classic Indian cuisine. The restaurant has a strong repeat customer base supplemented by domestic and international tour groups and large catered outside parties and corporate events.

The restaurant seats 79 total (65 indoor, 14 outdoor), has 12 employees and a type 47 hard liquor license. The restaurant is located in a central downtown location and serves primarily local customers. Gross sales: 2017 - $890K, 2018 year to date $710K

Offered at only $400,000

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

This restaurant is part of a group of 3. You can buy all 3 at a discount.

About the Business

Location:
Monterey County, California
Number of Employees:
12
Franchise:
Yes
Facilities:
Seats 79 total (65 indoor, 14 outdoor)
Market Outlook/
Competition:
In business for over a decade, this restaurant boasts a loyal following of repeat customers. It has won numerous awards and accolades from local media outlets for their carefully prepared classic Indian cuisine. The 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:
1596562
Ad Detail Views:
859

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Business Listed by

Carmel Business Sales

Carmel Business Sales
License# 01970708

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