MergerPlace

Indian Fusion Restaurant

Oklahoma (Oklahoma)


  • Asking Price: $121,000
  • Gross Income: $110,011
  • Cash Flow: $51,231
  • Real Estate: Not Disclosed
  • Inventory: $1,134
  • FF&E: $118,918
  • Listing ID: #212488
  • Established: 2016
  • Employees: 2 FT/1 PT

Business Description

This restaurant offers a hands on owner operator a great cash flow and a very turnkey opportunity. This is a well-established and uniquely positioned and profitable Indian Restaurant, strategically located in the OKC metro for sale. The restaurant has a loyal customer base and has been in business for several years. The location/restaurant is also suitable for conversion to Asian (Chinese, Thai, Japanese, Vietnamese), Mexican or Deli styles.
This restaurant enjoys a very low rent with great brand recognition. This well established Indian restaurant located in the OKC metro has been serving the community in a family friendly environment since 2015 when the brand was established. This restaurant offers authentic recipes on a well-designed menu. This restaurant offers a hands on owner operator a great cash flow and a very turnkey opportunity. The Seller's Discretionary Earnings for 2018 were $60,000.00. The business is ready to go with current revenues at an average of $12,000 a week and growing. The concept could be changed to something different if a new owner so desired. The highly motivated seller is looking to sell and the new buyer will benefit from the name-recognition and existing business systems and practices to take the business to the next level. This 4 year old business provides an immediate profitable return on investment. This restaurant has Excellent Reviews and a great reputation in the community.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/1 PT

Financial Information

Asking Price: $121,000
Gross Revenue: $110,011
Cash Flow: $51,231
FF&E: $118,918
Inventory: $1,134
Seller Financing Available: No

Property Information

Facilities:

The business located in a busy strip mall with great drive by traffic count. This restaurant is located in a 1500 sq ft strip center on a busy road near a busy intersection. This is a fantastic opportunity for an owner operator to take over a profitable business. This is a great central location in the OKC Metro. The restaurant is surrounded by customers including businesses, Tinker AFB, and a residential area. The business does a great Lunch business and dinner. The restaurant also has a private patio that is mostly used during the more mild months. The lease payment is a reasonable $900.00 per month and includes a long term commitment with landlord. The full kitchen includes a 12 feet type 1 hood, 2 tandoori oven, 6 burner stove, prep table, deep fryer, buffet steam table and much more. The restaurant enjoys a strong loyal customer base.

Growth & expansion opportunities:

The growth potential restaurant is great for this business due to its location and lack of competition. Sales have increased every year since opening in 2015 and in 2018 sales were $120K plus. This is a well set up casual dining Indian restaurant having immense potential for growth. The Indian restaurant has been there at the same location for more than 4 years and has established a loyal clientele from the community. Growth can come with increased marketing and advertising such as use of Grubhub, Valpak, and Groupon etc. Also, catering and delivery is not an avenue explored by the current owner.

Competition:

There are no nearby Indian food restaurants or nearby restaurants that support a strong lunch business. The restaurant enjoys a 4.5 Rating across multiple review sources including Yelp, Google and others.

Reason for selling:

The current owner has other interests and wants to spend more time with his family.

Support & Training:

Will train for 2 weeks @ $0 cost. The new owner literally can walk in and start making money. In order to help with that, the current owner will assist in all aspects of store management and ownership for 2 weeks at no cost and an additionally 2 weeks of no cost on-call support. The owner’s 4 years of experience is invaluable for a smooth transition and the current owner is committed to a successful transfer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Geary Welch

Murphy Business Brokers