Established Indian Restaurant for Sale in Prime Durham Overview This established Indian restaurant, operating since 2023 in Durham, North Carolina (Durham County), is available for acquisition. The business has built a loyal customer base in the desirable Duke University area, serving residents, students, professionals, and visitors through dine-in, takeout, delivery, and catering channels. Currently run under absentee ownership, the restaurant is fully operational with systems in place and ready for a new owner to step in.
Financial Snapshot - Asking price: $149,999 - Annual revenue: $710,000 - Cash flow (seller's discretionary earnings): $38,700 - EBITDA: $145,000 - Furniture, fixtures, and equipment included: $170,000 Notably, the included FF&E value exceeds the asking price, offering an attractive entry point relative to the cost of building out a comparable restaurant space from the ground up. Facility and Lease - 1,600 square feet of leased space - Lease rate: $5,400 per month + CAM charges - Prime Durham location near Duke University & Duke Hospital Business Highlights - Prime, high-visibility location in one of Durham's most desirable districts - Profitable operation with an established revenue history - Diverse customer base spanning residents, students, professionals, and visitors - Multiple revenue channels already in place: dine-in, takeout, delivery, and catering - Authentic Indian cuisine with a differentiated menu offering Market Position While the Durham restaurant market is competitive, this location's proximity to Duke University and its surrounding residential and professional community provides consistent foot traffic and strong demand. The restaurant's authentic Indian cuisine offers meaningful differentiation and a foundation for continued growth under new ownership.
Growth Opportunities - Expand catering services, including corporate lunch programs and university events - Grow online ordering and delivery volume - Invest in local marketing and community partnerships - Pursue menu innovation and operational efficiency improvements Because the business has been operated absentee to date, a hands-on owner-operator has clear potential to improve margins and develop additional revenue streams. Training and Support The current owner will provide two weeks of training to ensure a smooth transition. Reason for Selling The absentee owner is selling in order to focus on other business interests.
Financial history information is available to qualified buyers upon request. Serious inquiries only, please. If you are genuinely interested in purchasing this restaurant, please contact us for further details.
Additional business information will be shared with qualified buyers. No time-wasters, please.