Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

High End Indian Restaurant In North Dallas For Sale

North Dallas, Texas, US
Asking Price:
$250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$720,000
Cash Flow:
Available on request

Prime location Indian restaurant & banquet hall serving lunch buffet and is next to huge nationwide retail stores in North Dallas is available for acquisition. This business was established by the current owner of the business in 2016. Most of the customers are mixed crowd of different demographics consisting of individuals and families with high income that lives in the surrounding area as well as traffic that comes from the major highway for the nationwide furniture store that is next to this business. The local area is jam-packed with many nationwide retailers and businesses that bring a consistent stream of customers that are around shopping or passing by during normal commute hours. Major nationwide banks and a national home goods store anchors this business to this location. This modern Indian restaurant offers a variety of quality Indian food with over 150 menu items from traditional to modern fusion Chinese cuisine that is far superior to any other restaurant in the area in terms of high-quality products and services served buffet-style. Gross sales of this high volume Indian restaurant have been consistent for the last several years running at around $720,000/year without any marketing except for Facebook and general business listings on Yelp & Google including 3rd party delivery services. Currently, there is very minimal amount of marketing being done with many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, daily specials and etc. Owner involvement is crucial for this business to keep growing further and acquire more cash flow through replacement of the management staff with full-time owner-operator taking care of all management jobs. The current owner works roughly an hour a day to stay involved in the general operation of the business, but more time needs to be allocated if the quality of the business is to increase to higher sales and customer retention. Huge parking space surrounds this business and the interior has ample amount of space for large parties. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Property Information

Real Estate:

Lease

Location:

This business occupied in a 4,744 SF space of retail strip center that is conveniently located just off the major highway and is anchored by nationwide hardware store and small businesses. The interior facility is extremely well-built and has much more room for renovations to modernize the business.

Size in square feet:
4,744 SF

Business Operation

Expansion Potential:

There is currently no marketing done to proactively grow the business. Much more marketing is needed through local marketing, catering service, lunch special and delivery service thru 3rd party delivery.

Competition / Market:

Few competitors were found within the immediate market area, but none of the other competitors have banquet halls with reasonable price points compared to this business.

Reasons for selling:

Move/Other opportunities

Employees:
6FT
Years established:
2016

Other Information

Support & training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Guidant Financial. They will contact you about using your IRA/401K to help finance your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to V-AID Group. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here