Location: Torrance, CA - Los Angeles County
Industry: Indian Restaurants
Listing ID: 01985309HP
Listing Status: New
Listing ID - 01985309HP
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.
Down Payment: $170,000
Total Sales: $360,000
Cash Flow: $81,060
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: No
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
Absentee Owner: No
Lease Option: Extended Yearly
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $5,135
Type of Location: Street Front
Square Footage: 1800
Reason For Sale: Retire Due to Health Condition
Retire Due to Health Condition