Semi-Absentee Operated Indian Restaurant Business
Albany, GA Dougherty County
Albany, GA
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- RE: Semi-Absentee Operated Indian Restaurant Business
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $149,000 | |
| Annual Revenue: | $380,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 990156 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Semi-Absentee-Owned!Â
Total Net Sales are over $380,000 per year! Catering income is $45,000 per year on average! Catering income is substantial and consistent as the local hospital and professional companies are ordering large lunches for their staff!Â
Yearly Net Profit is over $125,000 AFTER paying a Payroll of $65,000, as well as rent and all other expenses! Owner-Operator can take home over $150,000 per year!Â
Rent is only $2,800 per month!
Business has been established for 2 years and is showing consistent profitability. Seller is semi-absentee and sees strong upside for an Owner-Operator!
Seller is only spending $150 per month in marketing and advertising. With the right strategy, the business could easily increase catering revenue to other businesses in the area!Â
Business Information:
Only Indian restaurant in Albany, GA! Zero Competition!
Operations only require one cook and one cashier at any one time because the Restaurant only takes drive thru customers and online orders!Â
Fully equipped commercial kitchen! Turnkey operation with solid local reputation.
Business is only open from 11 am to 9 pm Monday thru Saturday! Closed on Sundays! Huge opportunity for the buyer to open on Sundays!Â
Geographic & Demographic Details:
No direct Indian cuisine competition in the area! Located on a high-traffic road surrounded by residential and commercial developments.
Less than 2 miles from Albany State University, with over 5,000 enrolled students.
Nearby schools including Merry Acres Middle School, Sherwood Acres Elementary, and Westover High School serve over 2,000 students and staff.Â
Close proximity to hotels like Hilton Garden Inn, Courtyard by Marriott, and Fairfield Inn.Â
Huge Opportunity to establish catering relationships with the local schools and hotels!Â
Surrounded by apartment complexes including Westwood Apartments, Grove Park, and Woodlands Apartments.
Asking Price for Business-only: $149,000 plus inventory! Inventory is guesstimated at $5,000 at cost.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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