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Profitable Turn Key Restaurant For Sale
Location: United States -> Texas -> Austin -> Austin
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Seeking to sell a long established profitable Indian Restaurant in growing city of Austin, TX. Restaurant has all permits, paid off equipment and furniture, highly skilled staff, loyal clientele, strong social media presence, no franchise fees, and multiple revenue streams. Centrally located and highly respected with a diverse clientele. Owner has made numerous upgrades and will provide all necessary training.

An ideal buyer would be someone with a keen interest in this industry who is eager to learn and grow. Experience not required as seller is willing to provide all training, knowledge, business insight, and contact information to get buyer up to speed. Asking price is $349,000 all inclusive of inventory, multiple vehicles, IP, perpetual rights, and technology.

Great opportunity for someone looking to get started in this industry or expand their household income streams. Perfect for a non-working spouse. Business has been netting over industry average for several years and is still growing with no quarterly loss ever! Buyer will be profitable on day 1 with a salary strong enough to support household. Must have good credit and sufficient financial strength in order to qualify for commercial lease.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $775,000
Cash Flow:   $115,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1998
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Included
Reason For Selling:  Moving out of town




Print Listing Id: 700285448
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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