Profitable Indian Restaurant w/Beer & Wine+SBA Loan

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Money Making Indian Restaurant w/Beer & Wine
Asking Price:
$149,999

Gross Revenue:
$567,132
Cash Flow:
$79,780
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Nice build out and ideal location. Seconds from the 5 freeway, demographics are great and really support this concept

Super easy access coming from Mission Viejo and Lake Forest both, perfect middle ground to easily drive in customers from both of these.

Fast casual Indian food with outstanding food and value. Yelp is 4.5 stars with nearly a thousand reviews. Go try their food first and see for yourself what everyone is so happy about.

Seller has owned the place since 2015 and spends very little time there so he has decided to sell and let the next owner reap the rewards.

Sales in 2017 were $ 537,047

Sales in 2018 were $ 567,132

Tax return schedule C net income for 2017 was $71,402

Tax return schedule C net income for 2018 was $72,700

Adjusted net income in 2018 was $79,420.

Restaurant is located in a very popular Orange county retail center with lots of traffic and great freeway access.

Seats approximately 90 inside and another 20 outside

The restaurant is 2472 feet with a nice outdoor patio adding another 400 Sq. feet.

Monthly base rent is $5,805 CAM is $1,820/month. Total monthly rent of $7,625.

Current lease expires July 2023 plus a three-year option.

Take advantage of the restaurants goodwill and profitability that has been built up over the years. It’s turnkey and ready for you today!

About the Business

Location:
Lake Forest, California
Year Established:
2015
Number of Employees:
10
Website:
sellingrestaurants.com/restaurant-for-sale/sell-my-indian-restaurant-cal
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Listing Info

ID:
1662057
Ad Detail Views:
461

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Business Listed by

Rob Tade

SellingRestaurants.com.

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Sponsoring Broker:

Mel Jones
Paramount Restaurant Brokers, Inc.
License# BR634507000


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