MegaBite Restaurant Brokers LLC offers, for your
ownership consideration, a well-established Indian
Restaurant offering delicious Indian dishes (vegetarian
and non-vegetarian) in a relaxing atmosphere. The seller
finished the lease space and purchased new equipment in
2007. The restaurant has a loyal and dedicated following
the owner estimates that 75% of the client base are
repeat. Banquets and catering also generate ~15-20% of
monthly sales. Known for its consistent and quality food,
the restaurant offers extensive lunch/dinner buffets and
menu service. The restaurant will benefit from a new
owner''s energy and promotion of the patio and bar
service.
The owner converted the current space and opened the
current concept in 2007. He built the business by offering
excellent and delicious food prepared and served by
attentive staff. The restaurant is very popular amongst
the Indian community, especially for weddings. The owner
has made a lot of money and is ready to exit the food
business and start a retail store.
The asking price for the assets of the business is
$199,000 ALL-CASH or BEST OFFER. The assets include
inventory at cost
of $3,000 and FFE (Furniture, Fixtures and Equipment)
valued at $75,000. A purchaser will need to assume the
dishwasher lease (approximately $275/mo).
General Information
Contact Information
Organization:
Corporation
Year
Established:
2007
Current
Owner:
Contact For Info
# of
Employees:
10
Seating:
150
Square
Foot/Size:
6600
License(s) Required:
Contact For Info
Reason
For Sale:
burn-out - moving into smaller, non-food retail business
Email the listing
party by completing the
form below
Disclaimer The information in this listing has been provided by
the seller or broker stated in the contact section of
the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has
not independently verified any of such information and
assumes no responsibility for its accuracy or completeness.
Read
the
full disclaimer before responding
to any ad.