Indian Restaurant-Rare Opportunity!

File# C2559
Location: Ingham County
Business Price: $275,000
Down Payment: $150,000
Monthly Payment:$2,416.61
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $656,609
Source: 2019 Tax return
Cash Flow: $94,604
Source: Seller
Inventory: $10,000 Approx.
Days Open: 7 days
Business Hours: M-F 11:30-2:30 & 5:30-9:30, Sat-Sun 12-3:00 & 5:30-9:30
Seats: 72
Parking: Ample
Licences Required:Liquor and Sales Tax
Year Established:1996
Year Acquired: 2001
Monthly Rent:$4,300 NNN

Profile:

This is your chance to own an established, authentic, full-service Indian cuisine restaurant with a full service bar in Ingham county, MI. The business is located within very close proximity of a major college campus. The restaurant offers lunch buffet, dinner and takeout, serving delicious authentic Indian cuisine prepared fresh using the best quality ingredients and the freshest vegetables. The lunch buffet and dinner menu contain a variety of meat and vegetarian dishes, as well as a full-service bar, all in a clean, warm and inviting family-friendly atmosphere. The business has chefs who specialize in cooking Indian curries, and homemade tomato and onion sauces. With nearly 20 years of steady business at it’s location, it has a proven track record of success and profitability. The customers are a loyal and supportive base of business owners and the nearby college campus community. Confidentiality agreement required. Don’t miss out on this great opportunity! Contact us to find out more.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.