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| Please click here for NDA | Business Description | Indian Restaurant | | SIC Code | | Organizational Form | LLC | | General Location | Los Angeles | | Selling Price | $170,000 | Down Payment | $170,000 | | Annual Revenues | $300,000 | Discretionary Earnings | $60,000 | Seasonal NO Can Relocate NO Home Based NO Absentee Owner NO Franchise NO
| Days and Hours
of Operation | 11am-10pm Tue-Sun | Year Established | 1990 | | Years Owned | 1 | | Full-Time Employees | 2 | Part Time 2 | Managers 1 | | Other Payroll Information | | | Hours Owner Works | 20 hrs a week | | Owner's Duties | | | Skills Required | | | Training & Cost | 2 weeks 20 hrs per week at no cost. | | Non Compete | 3 miles for 3 year |
Executive Summary: Where health and taste meet without compromise, this busy restaurant 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 is also very close to USC, so its very busy with university students. Rent is only $1428 including cam. And has 2 five years options after 2014. The owner spent a great deal of time and effort to insure this restaurant is clean, attractive, and fully up to the restaurant requirements. A buyer looking to own/operate this business could see profits increase substantially. The current owner has done very little marketing so the community is unaware of this jewel of a businessThe new owner can establish a franchise or bring their own concept to this turn-key, fully-equipped restaurant.The seller is highly motivated and will consider ANY reasonable offer. 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 | $1428 | Deposit | TBD | | Expires | 2014 | Building Type | Strip Mall | | Terms & Options | 2 five years | | Square Footage / Dim. | 1500 | Seating | | | Other | No rent increase for first five years. |
Assets (Y=Included / N=Not Included / A=Available) | | Accounts Receivable | |
| Licenses | |
| | Inventory | |
| Type of License | |
| | L/H Improvements | Y | $150,000
| Other Assets | |
| | Furniture / Equipment | Y | $50,000
| | | | | Real Estate | |
| Total Assets | Y | $ 200,000
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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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