Take out/Delivery only at this time. New owner has the opportunity to open the dinning room, add more hours, add own delivery, more catering, and maybe even a food truck for more business and profit. You may add some retail food items as a way to add profit. Another profit opportunity is the sell of liquor/beer. The building is across from the new 19th Hole and is being renovated by the building owner.
Country: | USA |
State or Province: | FL |
City: | Vero Beach |
Location Zip or Postal Code: | 32960 |
Service Type: | Sit-Down Table Service, Catering |
Title of Listing: | Established Indian Restaurant |
Year Established: | 2004 (As Bombay Masala) 2013 (Changed name to Taj Mahal Masala) Been in business for a little over 18 years. |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 2200, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Daily 4pm to 8pm |
Growth or Expansion Opportunities: | Take out/Delivery only at this time. New owner has the opportunity to open the dinning room, add more hours, add own delivery, more catering, and maybe even a food truck for more business and profit. Maybe even have a small area to add retail items. Next owner can also add/sell liquor. We don't sell liquor. |
Reason for Selling: | Retirement |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Link to Facebook Page: | https://www.facebook.com/officialtajmahalmasala/ |
Website: | www.tajmahalmasalafl.com |
Asking Price: | $120,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 1+5+5 |
Total Monthly Rent: | $2200 plus some utilities |
Financial Comments (include any Financing information that may be useful): | Please contact us for more detailed financial information or inquiries. [email protected] or 772-418-5556. |