Established Upscale Indian Restaurant in the Greater Raleigh NC Area
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Upscale Restaurant featuring authentic Indian dishes using traditional cooking methods. The business has operated profitably for over a decade and the owners have consistently made improvements as they have grown. The dining room was remodeled and the kitchen equipment was upgraded 2 years ago. Rent is $6200 per month with 3% increase each year. Great opportunity to continue with a successful, well known, community restaurant business.
About the Business
- Years in Operation
- 12
- Employees
- Fully Staffed.
- Facilities & Assets
- 2 years ago the seller expanded and remodeled the dining area. At that time the kitchen was also upgraded with new equipment including a new hood.
Current Rent: $6200
Terms: 7 years left on a 10 year lease with a 5 yr renewal option. 3% annual increases - Opportunities for Growth
- To expand the business, the new owner should expand catering and the business marketing efforts. Currently, the business is known mostly by word of mouth and although they have done some, there hasn't been much effort to promote catering for events.
About the Sale
- Seller Motivation
- The current owner is planning and starting a new business venture.
Listing Info
- ID
- 2531319
- Listing Views
Listing ID: 2531319 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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