Indian Restaurant & Banquet Hall - $100k DOWN*

Sale Pending

Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$700,000

Inventory$5,000
Included in asking price
FF&E$200,000
Included in asking price
listing imageSave

Indian Restaurant & Banquet Hall - $100k DOWN*


Sale Pending

Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$700,000

Inventory$5,000
Included in asking price
FF&E$200,000
Included in asking price
Business Description
Exciting opportunity to own a fully equipped Indian restaurant in Chatsworth, CA with BEER & WINE! This spacious 6,000 sq. ft. establishment features an XL kitchen with a 22' hood, multiple stoves, burners, deep fryers, a large prep table, and extensive refrigeration, including one XL walk-in cooler and one XL walk-in freezer. The kitchen is well-equipped with three utility sinks, a three-compartment sink, and a strainer sink. The dining area seats 50 guests and includes a buffet setup. Additionally, there are ample storage rooms, a private office, and two restrooms dedicated to the restaurant side. Attached is a banquet hall accommodating up to 250 guests, complete with three restrooms and an additional office or storage space with a private bathroom—making it a total of six restrooms on the property. This restaurant is turnkey and ready to operate, with all equipment included and a beer & wine license in place. The lease is $10,500/month for 10 years. Don’t miss this prime opportunity to step into a fully operational, high-potential restaurant and banquet space!
About the Business
Years in Operation
30
Employees
4
Facilities & Assets
22' Hood, burners, stoves, ovens, fryers, prep tables, sinks, 1 xl walk-in cooler, 1 xl walk-in freezer, banquet hall with 250 capacity, dining room with 50 capacity, tables, chairs, booths, 6 total bathrooms, storage rooms, private office,
Website
https://delhipalacechatsworth.com/
Market Outlook / Competition
very few Indian options near Chatsworth, this one's been in business for about 30 years.
Opportunities for Growth
Newly added Banquet Hall offers ability to grow margins. Advertising on Yelp, Google and Delivery apps will help boost sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,940
Rent
Not Disclosed
Lease Expiration
7/15/2033
About the Sale
Seller Motivation
Other business ventures
Transition Support
Training 2-4 weeks as needed.
Financing Options
Seller can finance based on credit and financials with at least 50% down
Listing Info
ID
2336915
Listing Views
1390
Attached DocumentsAttachment Disclaimer

Delhi_Palace.pdf

Business Location

Contact Seller

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Business Listed by: Caroline Harabedian RE-Search Concept

Listing ID: 2336915 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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