What is the current gross revenue for this restaurant?
The current gross revenue being generated is an estimated at $1,234,513.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
The seller will not entertain seller financing or SBA loans. However, if financing is needed for startup cost you can review additional Financing Options Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. On average restaurant expenses usually include: payroll, payroll taxes, workers compensation, accounting, advertising, supplies, food, electric, property rental fees (usually includes water and garbage), permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms have 2 years remaining. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located?
Located in the Tampa Bay, Florida area. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Equipment list will be provided to qualified buyers.
What size and how many customers can this restaurant seat?
Restaurant is 2,545 sq. ft. and seats 72 inside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service?
No, this restaurant does not offer a drive-thru but it does currently offer a delivery service.
How long has the seller owned the restaurant?
Seller has owned this business for 2.5 years.
Why is the owner selling?
Owner is relocating.
What are the hours of operation?
This business currently operates from 11:30am – 10:00pm Monday – Thursday, 11:30am – 10:30pm Friday and Saturday, and 11:30am – 10pm on Sunday.
What type of neighboring business are in the area?
Neighboring businesses include other restaurants, retail stores, and other businesses.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Restaurant has been built-out to accommodate and operate as an Indian Restaurant. Great location in a busy plaza. Priced to sell at $580,000 with all equipment and furniture included! For additional information and to evaluate this business more Contact Us About This Restaurant Here!