Indian Restaurant for Sale

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Spacious Restaurant at BUSY Junction of 4 cities
Asking Price:
$125,000

Gross Revenue:
$350,000
Cash Flow:
$72,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

A well set up casual dining Indian restaurant having immense potential for growth. The Indian restaurant has been there at the same location for more than 30 months around and established a good clientele from the region around. It is conveniently located at a busy junction of 4 cities (Lynnwood, Everett, Mukilteo and Edmonds) in a shopping plaza with many businesses around and it is the only Indian restaurant in the region.
The menu is a typical Indian cuisine menu serving vegetarian as well as meat dishes. It can be run in the current set up of menu or it can be modified to create a different set up of menu such as Indian fusion combined with any other flavor or any other cuisine.

About the Business

Year Established:
2016
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
2,360
Rent:
$1.25 Per Month
Lease Expiration:
6/30/2023
Facilities:
Entire Kitchen with Type I Hoods, Buffet Table, Huge walk-in Cooler, Tables with glass top, chairs, furniture, lighting, cutlery, silver ware, glasses, cooking utensils, knives, chop boards, security camera, Digital POS etc.
Market Outlook/
Competition:
Only Indian cuisine available in the region around (No Indian restaurant in 4-5 miles of radius)
Growth & Expansion:
Quite close to large Boeing factory and lot of nearby businesses around so huge potential for growth. Catering for Boeing (contract with Eurest Compass Group) will bring additional revenue and opportunity for tremendous growth.
Very close to Paine-Field Snohomish County airport (Second airport in Seattle) which has started commercial operations since Feb 2019.
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About the Sale

Reason For Selling:
Due to busy day job, no time to devote to expand it further for future growth
Training/Support:
We will provide 1 week training
Seller Financing:
Seller financing can be provided up to 40% of the price.

Listing Info

ID:
1442020
Ad Detail Views:
0

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U.S. Census Data for Snohomish County, WA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Snohomish County, WA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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