MergerPlace

Halal Indian Restaurant and Hookah Bar

New Jersey (Passaic)


  • Asking Price: $78,000
  • Gross Income: $187,200
  • Cash Flow: $51,852
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $20,000
  • Listing ID: #211290
  • Established: Not Disclosed
  • Employees: 3 FT

Business Description

Halal Indian restaurant with great ambiance. Hookah lounge, catering and takeout options, backyard for outdoor smoking or dining. Big growth potential as it's located on a main avenue, lots of food and car traffic with no competition around. New owner can change menu and operating hours, add entertainment to increase revenue. 20.000 FFE and 2,000 inventory included in asking price. Owner selling to go back to school.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Passaic

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $78,000
Gross Revenue: $187,200
Cash Flow: $51,852
FF&E: $20,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

1200 sq ft with 600 sq ft basement, has 4 car and street parking, equipment and furniture in good condition, 4 year lease plus 5 year option

Growth & expansion opportunities:

Open on Tuesday, add entertainment on weekend, offer specials, add website and Grubhub/Ubereats/etc.

Competition:

None around

Reason for selling:

Owner going back to school

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers