Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$56,900	Inventory
Gross Income	$168,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2008
FF&E	$60,000*	Employees	3

* included in the asking price

** not included in the asking price

I am representing an honest person trying to sell his business for some hard-earned money. All books are open and restaurant available to inspect any time of the day. No tricky business here. The restaurant was opened in the Spring of 2008. The seller has worked hard and diligently to promote the business and it is now known throughout the Indian/Pakistani community here in Nashville and also by many many non-Indians through advertisements in various channels and positive word-of-mouth. Food quality is top notch and also presents an opportunity for a restaurateur to improve margins by offering a variety of food mixes. Customer service is delivered very well at this restaurant. And because of the food and customer service, this business has several regulars which keep growing in numbers every week. The equipment at this restaurant alone is worth over $60k. There is a full grease trap already installed and a hood, brand new buffet table, a big cooler and a small cooler, freezer, frier, grill, skillet, oven, stove, sinks, etc. The restaurant has 8 tables that seat four people each, 5 smaller tables that seat two people each, and two corner booths. Rent is $1400/mo and the lease can be extended for up to 15yrs and more.* The utilities are very efficiently used and kept at a minimum: $120 water $300 electricity $130 gas The only other expense besides this that are to be taken out of gross profit are telephone ($41), advertising (variable), security ($15), and payroll. Sales are on an uptrend and avg between $15k and $18k now. The only reason seller is selling is because he has to move out of state. REMEMBER: You can change this restaurant to any other concept. It is a ready-to-go deal, all city codes are met, all permits and licenses ready, grease trap, water fee, everything installed and paid for.

Facilities: Ready to go, full service Indian restaurant in the heart of Nashville! AND you may change it to any other restaurant you want! This is your opportunity to own the restaurant of your dreams without any of the risk involved with starting something from scratch. This place has already passed the 12mo boom or bust test and is ready to be in a new owner's hands.

Competition: There are not many "authentic" Indian restaurants in Nashville and this place draws the right crowd. In addition, there is not a good buffet eatery nearby that can really compete with this place for the daytime crowd. So almost any concept with a decent buffet works great in this location.

Growth/Expansion: NO ALCOHOL SERVED (by seller's choice). NET PROFIT CAN BE GREATLY INCREASED IF ALCOHOL IS SERVED. Better signage and nearby billboard/city bus bench advertising can help significantly. Coupon booklet advertising can also help greatly, including refer-a-friend gift certificates, etc.

Support/Training: Two weeks of training and support. May change to ANY TYPE OF RESTAURANT CONCEPT.

Reason Selling: Seller is moving out of state.