Description

Our firm offers, for your ownership consideration, a full-service Indian Restaurant offering delicious Indian dishes (vegetarian and non-vegetarian) in the high growth North Plano - Frisco corridor. The local community is experiencing rapid expansion is occurring in the area with the addition of corporations such as Toyota North America (2,000,000 SF), Liberty Mutual (1,000,000 SF & 4,000 ee’s) Fedex Office, Jamba Juice…). The owner describes the business as being located near high volume anchors such as Home Depot, Sam’s Club, Walmart and in a densely populated Indian community.
The restaurant has quickly developed a loyal and dedicated following; the owner estimates that 75% of the client base is repeat. Banquets and catering generate ~25-30% of monthly sales. Known for its consistent and quality food, the restaurant offers extensive lunch buffets and Dinner menu service. Beer and wine is served. The mixed beverage permit allows for a full bar. The restaurant has many growth opportunities and is well-located in the high-growth North Plano - Frisco corridor.
The asking price for the assets of the business is $300,000 with $250,000 cash down plus $50,000 seller financing to qualified purchaser. The assets include inventory at cost of $3,000 and FFE (Furniture, Fixtures and Equipment) valued at $200,000. A purchaser will need to assume the dishwasher lease (approximately $275/mo including chemicals).

Posted Jul 20, 2016

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