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Listing Number: 16679 Contact Information About this Business
Type of Business:

Restaurant

e-mail: bhamrock@novarsgroup.com
Location:

Northern Virginia

phone: (703) 323-5225
 

Business Description

This restaurant opened in December 2006. After a slow start this business is now profitable. The original operating partner of the business is no longer involved leaving the other partner in charge of all operations. Because of other obligations (full time job and family) the owner has decided to sell the business. As an Indian Restaurant they are becoming very well known and produce a high quality product. At both lunch and dinner the majority of sales are coming from the buffet with a high percentage paid in cash. The owner does not sell alcohol for religious beliefs. The restaurant has approximately 2600 sq. ft. with 100 seats(80 plus 20 in the bar area). From a business standpoint this restaurant can easily be converted into almost any theme for a very low price. The build out inside the restaurant is clean, fresh and new.

 

 

   
Furniture, Fixtures, & Equipment: $200,000
Asking Price: $225,000
Vehicles and/or Rolling Stock: $0 Down Payment: $225,000
Inventory: $0    
Accounts Receivable
(if included):
$0

Annual Sales Volume:

 

Land & Building
(if included):
$0 Cash Flow:  
Other Assets: $0    
Current Liabilities to be Assumed: $0 Terms:  
Current Notes to be Assumed: $0
 

Note: The Brokers have made no investigation or verification of the information presented herein.