Businesses For Sale > Business For Sale in Lehigh County, Pennsylvania (PA)
Authentic Indian Restaurant II for sale in Lehigh County, PA
Lehigh County, Pennsylvania (PA)
Asking Price: |
Gross: |
Cash Flow: |
$ 120,000 |
$ 360,000 |
$ 114,200 |
Furniture and Fixtures Value:
$ 100,000 (included in the asking price)
Inventory Value:
$ 4,000 (included in the asking price)
Business Summary:
This well-appointed Indian restaurant with a distinguished décor and delightfully delicious cuisine is located in Lehigh County on an extremely busy highway yet affording east access. This young business consisting of over 3,000 sq. ft. with seat for 70 and has established its credentials and enjoys a loyal patronage. Plenty of parking on premises. Offering lunch buffet and a menu of exquisite Indian dishes vegetarian and non-vegetarian for the pleasures of the palate. Current absentee ownership is running this establishment with a full complement of staff and a high payroll; therefore, a higher bottom line may be possible by controlling payroll related expenses. Payroll numbers have been adjusted for owner operator. Staff will stay on board if desired. Higher sales volumes as well as a higher net may be possible should the new ownership focus all aspects of this business, the Indian restaurant industry is a $550 Million industry and is growing at a rate of 21% globally. Its American growth rate is 7%. That’s more than triple the growth rate of most restaurants and 14 times the growth rate of the pizza industry. It’s only a matter of time before Indian Restaurants offer serious competition to Italian and Mexican cuisine. Buying one of the existing Indian restaurants for sale now can help ensure your future when the industry really explodes. This is one of two locations available by the Seller.
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Number of Employees:
1ft/3pt |
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Facilities / Terms of Lease:
Restaurant is located on an extremely busy highway yet affording easy access. This young business consisting of over 3,000 sq. ft. with seating for 70 offering Lunch buffet and a menu of exquisite Indian dishes, vegetarian and non-vegetarian for the pleasures of the palate. Current absentee owned. Payroll numbers have been adjusted for owner operator. Staff will stay on board if desired. |
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Potential
Growth/Expansion:
Second Restaurant also available |
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Owner
willing to finance:
Prime + 2% for 1 year |
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Reason for selling:
Family Issues |
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Seller Reference Number: 5594GR
BusinessMart.com Listing Number: 179184 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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