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#5634
Scottsdale Restaurants For Sale

North Scottsdale AAA Location..Family Indian Restaurant

$250,000
Available
North Scottsdale AAA Location..Family Indian Restaurant



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North Scottsdale Indian food restaurant in one of the busiest centers in the area. This Indian concept has been well received in Scottsdale, serving some of the best Indian food in the area and the sales show it.

Located in a very popular and busy retail center right off freeway access with major big box brand retail. 

Yelp reviews are outstanding 4.5 rating with low friendly pricing. Note: prices could be raised based on clientele who aren't price sensitive.

Large kitchen and a large prep area if new owner wanted to push catering. Large walk-in cooler and walk-in freezer.

# 12 license is already in place.

Seller states monthly sales of 48-60k with no advertising. Please verify this statement as we take no responsibility for the Seller's statements. 

Restaurant space is approximately 4,800 square feet plus 600 square feet patio.

Base rent of $6000/month and Cam of $2,000.

Current lease term expires in 2.5 yrs with a five year option available. .

Good rent, busy location and huge goodwill built up over the years this is the place you have been waiting.

Owner want to sell to start a family and will be leave for India to be married with family

This is a profitable business.

This is a MJS Business Sales, LLC. an Arizona Limited Liability Company listing.
Broker Michael Shanley DRE License #BR035540000

Lease

Region:
Scottsdale Restaurants For Sale
Lease Term:
2.5 years 1/5 option
Total Monthly Rent:
$8,000
Security Deposit:
$30,000

Financials

EBITDA:
$150,000

Operations

Liquor License:
#12
# of Full-Time Employees:
3
# of Part-Time Employees:
4
# of Family Employees:
5
# of Working Owners:
2
Hours Open:
11 am to 2:30 pm & 5 pm to 11 pm 7 days a week
Year Established:
2017
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
Outdoor Seating:
28
Inside Sq. Ft.:
4,800
Outside Sq. Ft.:
600

Highlights

  • Middle Eastern Restaurant
  • Family Style Restaurant
  • Indian restaurant
  • catering
  • buffet
  • High Traffic Location
  • Major Shopping Center
  • Perfect Family Run Restaurant
  • #12 liquor License - can serve spirits

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 38,416 136,345
Households 3-mi. 5-mi
2010 Number Of Households 16,811 56,287
2010 Persons Per Household 2.12 2.23
Median House Value $360,000 $404,353
Income Per Household $76,522 $83,264
Businesses 3-mi. 5-mi
2009 Number Of Businesses 3,144 7,151
2012 Number Of Employees 89,028 180,174
2012 Total Annual Payroll $2,283,309,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that MJS Business Sales, LLC. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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