Profitable Restaurant In Metrowest Shopping Plaza For Sale

Business description

This profitable business has a strong site located in a successful shopping plaza in the metro-west area. The restaurant had a cash flow of $150,000 in 2009. It is currently operated as an Indian restaurant but could be converted to most any concept. The plaza has good activity generators and several “Blue Chip” tenants. Some financing is available for qualified Buyers.

FACILITY: The space is approximately 2,000 square feet. The equipment and leasehold improvements are in very good condition. The facility has a functional layout and has seating for 77 persons.

CONDITION: The building and restaurant are in very good condition.

PARKING: Plenty of parking in the Plaza parking lot

LEASE TERM: Four (4) year lease with options available.

BASE RENT: $5,000 per month the CAM & R.E. taxes are $800 per month

CONCEPT: Full Service Indian Restaurant

SEATING: 77 seats

HOURS: 11:30AM – 10:00 PM

LICENSES: Beer & Wine

SALES: Approximately $450,000

CASH FLOW: Approximately $150,000

PRICE: $236,000 (Financing available to qualified Buyers)

Property information

Real Estate:

Lease