357758-RB Established Profitable Indian Restaurant in Central VA

Listing Number: 9525-357758

Description

Only 2x seller earnings with $119,000 seller finance! Priced below appraised value for quick sale!

Popular specialty restaurant Dine in and Carry-out Restaurant for Sale in Central VA.

This owner operator dine-in and carry-out Indian restaurant offers a variety of homemade comfort food and is currently open for lunch and dinner 6 days a week. The majority of the business currently comes from location and word of mouth but could certainly be increased with expanded hours and marketing.

• $350,000+ Gross Sales
• $129,000+ Net Earnings
• $150,000+ in Furniture, Fixtures, Equipment and recent lease hold improvements
• Turnkey Operation
• Excellent location
• Spacious fully equipped kitchen
• 2,000 sq/ft facility with 3 years remaining on lease
• New owner can retain same name and recipes or convert to new concept
• Seller financing shows owners belief in continued success
• Owner will train for 4 weeks in transition

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!

Listing Details

  • Price: $239,000
  • Down Payment: $120,000
  • Sellers Discretionary Earnings: $129,000
  • Total Sales: $350,000
  • Location: Henrico County, Virginia

  • Inventory: $5,000
  • FF&E: $150,000
  • Employees:
  • Year Established: 2016
  • Reason for Selling: Other business interest.
  • Category: Restaurants

Business Listed By: