Well-established South Indian restaurant with a 60-seat dining capacity, delivering over $1.3M in gross annual sales and a strong net income of $275K. The business benefits from multiple revenue streams, including a robust catering operation. This is a fully turnkey setup—the seller is prepared to provide comprehensive training to ensure a smooth transition, and the experienced staff is willing to stay on. The restaurant is equipped with newer equipment, including a new AC unit installed in the walk-in cooler, and features a 12-foot canopy. The current lease is secured for 3 years with a 5-year renewal option, offering long-term stability. Known for its strong reputation and loyal customer base, this is an ideal opportunity for an owner-operator or investor seeking a high-performing, ready-to-run restaurant. (id:51989)
Features of Unknown Address
- MLS® Number A2287046
- Price $549,000
- Square Footage: 2002 sqft
Business
| Business Type | Restaurant, Restaurant | Business Sub Type | Fast foods, Restaurant |
Buildings
| Constructed Date | 1993 | Size Exterior | 2002 Sqft |
| Size Interior | 2002 Sqft | Total Finished Area | 2002 Sqft |
Land
| Acreage | No | Size Total Text | Unknown |
Agents and Offices
- Ramesh Verma
- Office: Real Estate Professionals Inc.