Hot Listing

Indian Restaurant, Free Standing Building, Can Convert Berkeley, CA

Asking Price$149,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$60,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Indian Restaurant, Free Standing Building, Can Convert Berkeley, CA


Asking Price$149,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$60,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Excellent location, convertible, very motivated seller, Berkeley, California
A well-established Indian and Pakistani restaurant is available for sale on a busy street in Berkeley, California, located among commercial and residential properties. This prime location is within walking distance of various amenities. The restaurant features an extensive selection of Indian and Pakistani curries, including lamb, goat, chicken, seafood, and vegetables. With the potential for increased profitability by obtaining a beer and wine license, this opportunity is primed for growth. The business has flourished six days a week, building a strong reputation within the community. The current owner, who has achieved notable success, is pursuing another business venture and is, therefore, looking to sell the restaurant. The establishment is fully staffed with highly skilled employees, offering an exceptional opportunity for an active operator. The asking price includes all furniture, fixtures, and equipment. The restaurant consistently receives positive reviews and has cultivated a significant following in the community, reflecting its quality and service. Additionally, it can be transformed for other culinary concepts, such as breakfast house, pizza, Mexican, Thai, Chinese, or a full bar. This opportunity is unlikely to last long. Please make serious inquiries only. PRINCIPALS ONLY.

Listing Details:
* Building square footage: 1944 | Lot: 9800, Free Standing building with ample parking.
* Established: 2022 | Current Owner Since: 2022
* Lease: Expires 04/02/2026; Option to renew is available with the landlord's approval.
* Rent: $7316 per month, all inclusive
* Seats: Dinning area 30 & 60+ out side seating.
* Employees: 3 full-time.
* Hours of Operation: Tue-Sun - 11 am - 10 pm
* Licenses/Permits: Health permit, seller's permit, and business license.

Revenue:
* According to the seller, its average ranges between $55k-$60k per month.

Financing:
* All cash, no seller financing.
About the Business
Years in Operation
3
Employees
3
Facilities & Assets
The asking price includes all furniture, fixtures, and equipment.
Opportunities for Growth
The potential for increased profitability by obtaining a beer and wine license also add more services such as catering.
About the Sale
Seller Motivation
Family Time Management
Listing Info
ID
2338787
Listing Views
2116

Contact Seller

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Business Listed by: Manjit Singh MS Real Estate Inc

Listing ID: 2338787 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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