Indian Restaurant For Sale

www.GlobalBX.com

Listing ID: 700197487

Listing Title: Indian Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=197487

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Texas

Area Austin

City: Austin

Asking Price Range: < $250K

Gross Revenues: $195,000

Cash Flow: $30,000

Cash Flow Type: EBITDA

Year Established: 2004

Number of Employees: 4 - 5

Business Description:
Great opportunity to purchase an Indian restaurant in a fantastic location. The dining area is well appointed and beautifully furnished. The restaurant serves lunch and dinner and has a significant amount of delivery business. Several vegetarian and gluten free dishes also attract health conscious customers. This business can easily be converted into any other type of restaurant, as most of the decorations, fixtures, and equipment are not genre-specific. In addition, the restaurant has a well-appointed kitchen with multiple high-dollar pieces of equipment (walk in freezer, heavy duty burners, etc...). Indian Palace offers authentic Punjab-style Indian food. They offer a la carte and buffet service. Many of the dishes are vegetarian and gluten-free. - In-house dining 80% - Delivery 20% - Lunch meals average $10 - Dinner meals average $12 Over the years, the seller has learned through experience which marketing tactics return the most on investment. As such, he has allocated the marketing budget towards advertising campaigns that deliver results such as community newsletters and local newspapers. The advertising budget ranges between $500 and $1,000 per month. Most new business, however, is generated through a strong referral system based on the restaurant's reputation and satisfied customer base. In addition, the business has a well-established web site and an attractive domain name that ranks well on search engines



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