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




Business Summary

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   $195,000
Cash Flow:   $30,000
Cash Flow Type:  EBITDA
Inventory:  $65,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Moving

Photos

View Larger Photo(s) Of Business
Indian Restaurant For Sale Photo 1 Indian Restaurant For Sale Photo 2




Print Listing Id: 700197487
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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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