$170,000

Torrance CA - Los Angeles County
DESCRIPTION

Established Indian restaurant with beer & wine license in an affluent Torrance, LA County area, with an excellent reputation.

This restaurant is well known for its authentic Indian menu and has a loyal following of patrons who count it among their favorite dining spots.

Current monthly sales are about $30,000.

It is located in a great location in the affluent communities of Torrance, Palos Verdes, and Rolling Hills Estate.

The restaurant is famous for serving catering and buffets for events and gatherings.

The restaurant is well equipped with 16 feet hood, a walk-in cooler, a freezer, two Tandooris, and all the fixtures and utensils for catering and buffet meetings.

The seating capacity is about 60 people in a 1,800 sqft. Rent is $5,135.

LISTING DETAILS

Down Payment: $170,000

Total Sales: $360,000

Cash Flow: $81,060

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $40,000

FFE Included: Yes

Inventory: $15,000

Inventory Included: No

OPERATION

Year Established: 2007

Days & Hours of Operation: Mon - Sat (11am to 2:30pm, 5pm to 8:30pm)

Owner Hours Per Week: 40 - 50 Hours

Non-Owner Payroll: N/A

Employees: 4

Absentee Owner: No

Lease Option: Extended Yearly

LOCATION

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $5,135

Type of Location: Street Front

Square Footage: 1800

SUMMARY

Reason For Sale:

Retire Due to Health Condition

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

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