Established Indian restaurant located in Durham, NC, offering exceptional profitability and growth potential in a prime high-traffic location. This turnkey operation generates $720,000 in annual revenue with $120,000 in cash flow, representing strong financial performance for a business established in 2022.
Business Overview:
This profitable restaurant operates with a streamlined menu that has proven highly popular with customers while maintaining operational efficiency. The simple yet effective concept keeps overhead expenses low and ensures consistent profitability. Currently run as an absentee-owned business, demonstrating the operation's systematic approach and management efficiency.
Location Advantages:
Situated in a prime, high-visibility area with thousands of patrons within walking distance, the restaurant benefits from exceptional foot traffic and strong market demand. The location provides significant competitive advantages and ensures steady customer flow throughout operating hours.
Financial Highlights:
- Annual Revenue: $720,000
- Cash Flow (SDE): $120,000
- Asking Price: $225,000
- FF&E Value: $70,000
- Strong profit margins with low overhead structure
Turnkey Operation:
The restaurant comes fully equipped with kitchen equipment, furniture, and fixtures, making it ready for immediate operation under new ownership. The lean operational setup minimizes complexity while maximizing profitability, suitable for both experienced restaurateurs and newcomers to the industry.
Growth Opportunities:
- Expansion into catering services
- Enhanced delivery and takeout operations
- Increased focus on University student market
- Corporate contract development
- Extended operating hours
- Potential expansion into nearby markets
The seller is transitioning to focus on other business ventures and will provide comprehensive transition support and training to ensure seamless ownership transfer and continued success.
Financing options may be available for qualified buyers. This represents an exceptional opportunity to acquire a profitable, established restaurant in Durham's competitive dining market with proven revenue streams and significant growth potential.
Ad#:2414398
