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#3578
Santa Monica Restaurants For Sale

Authentic Indian Restaurant in Heart of Entertainment Area

$300,000
Authentic Indian Restaurant in Heart of Entertainment Area
This Listing is Expired

We at Selling Restaurants are happy to present this wonderful Indian restaurant that serves some of the best Indian food in the Los Angeles area with the likes of customer such as President Abdul Kalam, Minister Vayalar Ravi, Consul General Susmita Thomas, music maestro A. R. Rahman.  Only a great restaurant can be successful enough to get such an audience. 

This restaurant has operated since 2006 and is located in the entertainment district.  Annual sales are claimed to be $800,000 from the owner, but the buyer must verify this fact before purchasing the restaurant.

There two separate kitchens where the food is prepared in the most authentic way possoible with fresh spices from India and quality vegetables and meats. You have to try it! 

The restaurant has a beer and wine license as well.

This restaurant is fully equipped and has traditional Indian Decor. It is quite accommodating and relaxing it has become a must for those wanting REAL Indian food.

There are nearly 2,800 Sq. Ft. with a rent of $8,500 a month.

To get more information go to the red button to the left of this add "Get Name and Address" and check out this opportunity!


Paramount Restaurant Brokers, Inc. Listing.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Santa Monica Restaurants For Sale
Lease Term:
July 31 2018
Total Monthly Rent:
$8,500

Financials

Last Year's Annual Gross:
$800,000

Operations

Liquor License:
41
# of Full-Time Employees:
5
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Tues - Sun 11AM - 10PM
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
# of Parking Spots:
24
Inside Sq. Ft.:
2,784

Highlights

  • Restaurant on Very Busy Street
  • Two Kitchens one for vegetarian and one for non-vegetarian
  • Type 41 Beer and Wine License
  • Sales average $800K per year - Buy Must Verify!
  • Owner willing to train buyer operation and recipes

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 75,590 328,420 901,003
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 32,197 133,281 362,790
2010 Persons Per Household 2.24 2.35 2.34
Median House Value $654,558 $658,463 $668,049
Income Per Household $60,261 $62,910 $61,399
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,260 14,105 36,747
2012 Number Of Employees 74,076 397,352 996,322
2012 Total Annual Payroll $2,532,134,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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