Indian Restaurant, Wayne County, Asking $129,999

This is a Turn-Key Indian Restaurant with very loyal customers.

Turn-Key Indian Restaurant In Wayne County Michigan
Wayne County, MI

Asking Price: $129,999
Cash Flow: $92,087
Gross Revenue: $308,221
FF&E: $100,000
Inventory: $5,000*
Rent: $3,000 /Month
*not included in asking price.

Business Description

Best Indian Food in Wayne County

This is a Turn-Key Indian Restaurant with very loyal customers. The restaurant is located in a very busy plaza that is being completely renovated by the landlord. They are currently open for business, and are getting back to where they were before Covid-19. The entire restaurant was renovated in 2017, and the owners did some remodeling while they were closed. New owners can keep the same concept or change it to their liking, the setup is flexible. Adding a couple of meat options to this vegetarian menu, and some creative marketing would help increase the sales. Sales for 2019 were $308,221.00 with $92,087.00 in cash flow to the owner (2019 profit & loss statement).

Detailed Information
Location: Wayne County, MI
Inventory: Not included in asking price
Real Estate: LeasedBuilding SF:2,000
Lease Expiration: 12/31/2020
Employees: 3FT- 4PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Fully furnished restaurant with seating for 53 people. The kitchen is equipped with everything an Indian chef needs.
Competition: This is a great area and there is room for growth.
Lease expiration year end, call for details.
Financing: CASH
Support & Training: Seller will train for up to 14 days if needed at no additional charge.
Reason for Selling: Relocation

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