Iowa, Iowa City, University Downtown Indian Restaurant Business for sale E2 visa Qualified $125,000 Plus Inventory for the Iowa City, Iowa, University Downtown Indian Restaurant Business only. $35,000 average sales per month. 2000 SF restaurant. Seating capacity is 55. Lots of potential for the right owner-operator or a family. The new owner can add beer and wine to increase sales and profits. Great location . The restaurant is located on a bustling main road with a friendly community and lots of traffic. In the vicinity of a major university in a downtown setting with lots of foot traffic and lots of events throughout the year, but more in the summer. Motivated Seller looking to make the right deal . Please call The Saleh Group at 614-500-8500 for more information and showings or visit us online at www.salehgroup.com . Listing Id: SG 11691 Business Type: Take-out and Sit-down Restaurant Business Name: SG 11619 Iowa Iowa City Downtown Indian Restaurant Listing Price: $125,000 Plus Inventory Down Payment: Negotiable Proposed Seller Financing Availability: N/A Inventory Value: $7,000 -/+ Annual Gross Sales: 425,000 Annual Owner Profits: $105,000, including manager’s salary Monthly Rent: $4675.00 Seller Competition: N/A Years Seller has Owned/Operated Business: 10 Years – established 35 years ago Owner Qualifications: Experience Needed but Not Required Reason for Selling: Downsizing and relocating # of Employees/Management: 2FT 1M Hours of Operation: Mon to Fri 11 am to 2:30 pm, 5:00 pm to 9:30 PM. Closed Sunday Building Size/Type: 2000 SF Training Provided: 2 weeks of Training at no cost to the buyer State: Iowa Country: U.S.A. Property Details SG Number: SG 11691 Business Type: Restaurant Business Name: SG 11691 Iowa Iowa City University Downtown Indian Restaurant Listing Price: $125,000 Down Payment: negotiable Proposed Seller Financing: Yes Inventory Value: $7,000 Annual Gross Sales: Over $425,000 Annual Owner Profits: Over $105,000 Seller Discretionary Earnings: $105,000 Monthly Rent / Mortgage Payment: $2,000 Seller Competition: Seller May Sign a no compete agreement Years Seller has Owned/Operated Business: 10 Owner Qualifications: Needed but not required Reason for Selling: downsizing and relocating # of Employees/Management: 2 FT 1 M Hours of Operation: 11 am to 2:30 pm, 5:00 pm to 9:30 PM. Closed Sunday Building Size/Type: 2000 SF Training Provided: 2 weeks Training at no cost State: IA Country: U.S.A. Status: active Branding: Independent
