Fantastic Restaurant with Great Reputation in Tourist Area

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Rare opportunity to own a fantastic restaurant with a great reputation
Asking Price:
$300,000

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

The restaurant seats 50, 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

Offered at only $300,000

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

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:
7
Franchise:
Yes
Facilities:
The restaurant seats 50
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:
1596569
Ad Detail Views:
0

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Business Listed by

Carmel Business Sales

Carmel Business Sales
License# 01970708

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