Indian Restaurant @ highly busy location next to UCBerkeley

, California 10 views 0 favorites

Financial Highlights
Asking Price
$160,000
Revenue
$197,000
Business Description

Located right next to UC Berkeley North campus entrance, fully equipped with 2 hoods, 6 burner stove with commercial oven, 3 large dishwashing sinks, 1 small dishwashing sink, 2 giant refrigerators, 2 mini fridge, 1drink cooler/fridge, 2 medium sized freezers, 2 five pan food warmers that could hold 10 dishes at a time for either fast food or buffet, Salad bar. 50 + dishes for cooking, serving. 26 indoor seating with furniture and 4 outdoor seating with furniture, glass sneeze guard over the register and food warmer line, 3 feet grill with gas connection, separate storage room with two large shelves, one upper floor storage area, We have all 4 major online ordering platforms. Lunch is super busy with all students and faculty from the campus. Dinner gets busier. Best location for any fast food or lunch and brunch, dinner serving menu. Location: Berkeley, California Year Established: 2019 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 1,000 Rent: $4,770.00 Per Month Lease Expiration: 5/31/2022 Facilities: Located next to UCBerkeley campus entrance, fully equipped with 2 hoods, 6 burner stove with commercial oven, 3 large dishwashing sinks, 1 small dishwashing sink, 2 giant refrigerators, 2 mini fridge, 1drink cooler, 2 medium sized freezers, 2 five pan food warmers that could hold 10 dishes at a time, Salad bar. 50+ dishes for cooking, serving. 26 indoor seating with furniture and 4outdoor seating with furniture, glass sneeze guard over the register and food warmer line, 3feet grill with gas connection, storage room with 2 large shelves,2nd flr storage Market Outlook/ Competition: This is a super busy with all student housing and dorms located next to the campus. Pre pandemic sales (Gross Revenue) is what has been mentioned as gross revenue. During the pandemic the restaurant was closed for most of the time. But since we opened end of last year, it has been picking really well. We have reached 3/4th of the daily sales now. The in-between dip in sales was due to the University closure during the pandemic. Now UCBerkeley is fully open for in person classes and this restaurant is located right next to the north campus entrance. Growth & Expansion: If you can start with 2 more employees and open on weekends, you would see sales double for sure. There are no authentic Indian food or restaurant in close vicinity. There is a fusion of American/Indian close by. If you could bring in more recipes and add your new concept, it would be a hit as students are always looking for new cuisine and food.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 10 hours ago

Views: 10

Favorites: 0