Broker Name:Kevin Chung
Broker Email:info02@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Prime Location Authentic North Indian Restaurant
(Restaurants)
Denton, Texas
Listed Price: $ 120,000
Listing ID: 000757

Listing DetailsDown Payment: $ 120,000
Gross Revenue: $ 400,000
Cash Flow: $ 50,000
FFE: $ 75,000 (Included in Price)
Inventory: $ 4,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Authentic North Indian restaurant with traditional cuisine and placed in a prime location of a high-income city is available for acquisition. This business was originally established in 2017 by the current owner of the business. Most of the customers are upper-class Caucasian office workers that work in the offices near the traffic heavy highway and individuals from the densely populated residential neighborhoods that cover the area. Gross sales average was $32,000/month with additional $2,000-$4,000/month from catering that has been growing and been consistent over the last year as the location is very optimal for location marketing and word of mouth to spread. Although no marketing is in place other than their business website, other proactive marketing methods can be fully utilized to maximize income potential of this business while also reaching out further than the immediate market area to attract new customers. Competition can usually be expected for this business industry, but there are no competitors within the immediate market area that competes with the same concept as this business. There are many ways to proactively market this business such as direct mailing, social media outlets, coupons, daily specials, online ordering feature and additional catering sales. Increasing catering services will be the most beneficial in the long-run of this business as many homes and offices are placed nearby that will bring large amount of bulk orders that consistently are ordered each month. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Competition:

There are no true competitors within the immediate market area of this business.


Potential Growth:

There is no proactive marketing done other than their website and prime location.


Financing/Terms:

100% down at the time of closing.


LocationSquare Footage: 1750
Facilities:

This business is located in a 1,750 SF retail strip center that is surrounded by many high-end retail businesses and a major highway that is busy throughout all hours of the day.


OperationYear Established: 2017
Employees: 6FT/1PT
Absentee Owner: No