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| Please click here for NDA | Business Description | Profitable Indian Restaurant in Great Location | | SIC Code | | Organizational Form | S Corp | | General Location | Culver City | | Selling Price | $350,000 | Down Payment | $350,000 | | Annual Revenues | $600,000 | Discretionary Earnings | $144,000 | Seasonal? NO Can Relocate? NO Home Based? NO Absentee Owner? NO Franchise? NO
| Days and Hours
of Operation | 11am to 10pm 7 days | Year Established | 1997 | | Years Owned | 5 | | Full-Time Employees | 5 | Part Time 2 | Managers 0 | | Other Payroll Information | | | Hours Owner Works | 50 | | Owner's Duties | | | Skills Required | | | Training & Cost | 20 hrs of week for 2 weeks | | Non Compete | 3 miles for 3 years |
Executive Summary:Beautiful Indian Restaurant With Beer & Wine.This very well known and popular restaurant has been catering to the sophisticated diner as well as Dignitaries and Hollywood and Bollywood celebrities for 5 years. The food is exquisite and the atmosphere is elegant and authentic. Located on a busy street and is within walking distance of a dense residential neighborhood and busy commercial area and so receives an enormous amount of vehicle and foot traffic. This restaurant really reflects the pride of its owner. As an Indian restaurant on the Westside, this restaurant is a full service establishment with beer and wine.The new owner can establish a franchise or bring their own concept to this turn-key, fully-equipped restaurant.Confidential business information provided to qualified buyers only. Please complete the NDA and fax it back to 818-670-7846.
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Lease / Building Information | | Monthly Lease/Rent | $8356/- | Deposit | TBD | | Expires | 2012 | Building Type | strip mall | | Terms & Options | One five year | | Square Footage / Dim. | Approx 2900 | Seating | | | Other | Rent increase 7% per year |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | |
| Licenses | Y | $25,000 Beer and Wine | | Inventory | |
| Type of License | | | | L/H Improvements | Y | $100,000
| Other Assets | |
| | Furniture / Equipment | Y | $100,000
| | | | | Real Estate | |
| Total Assets | Y | $225,000 |
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
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