Restaurant for sale in Carmel’s Arts & Design District. Sales over $325,000

Buy this Restaurant for Sale located in the Carmel’s Arts & Design District.  Great nationally ranked area surrounded by townhouses, condominiums, retail storefronts and professional office suites. Earnings of more than $40,000 on the books for an owner operator. Approved for SBA lending with only 20% down. 

This Restaurant for Sale has been under the same name and owners for over ten years. The Carmel Arts & Design District has attracted well over 100 businesses including art galleries, interior designers, showrooms, specialty shops and restaurants. This attractive area is home to the second largest concentration of office workers in the state of Indiana. It is home to more than 40 corporate headquarters.

Contact We Sell Restaurants today on this business located in a thriving area.  Carmel, Indiana has a highly educated and affluent population whose households have average median income levels of $109,201, and the median average price of a home is $320,400, according to the U.S. Census Bureau. It is often cited as one of the Best Places to Live in America by Money magazine.  Enjoy an excellent quality of life when you earn roughly $42,000 on sales of $325,000 in this location.  Opportunity to grow both sales and earnings. 

The Restaurant for sale is rated in the top ten Carmel restaurants on Trip Adviser. This established business comes with great goodwill with Over 300 Google Reviews with a rating over 4.5! Sellers are ready to retire and willing to support and train the new buyer for a smooth transition.

The space is a very manageable 1,568 square feet with seating for 48 guests inside and 20 guests outside, with a rent of $2,314 per month. There is an excellent opportunity to increase business by adding delivery service and open on Sundays. Sales were over $325,000 while restaurant was closed on Sundays.

This Carmel’s Arts & Design District restaurant for sale is priced to sell in an awesome location. Don’t worry about parking this location comes with Street Parking & Parking Garage (all free). This restaurant is known for its festive atmosphere, regional specialty seafood, specialty sandwiches, and desserts!

The Restaurant for Sale has everything you need to be successful already in place!

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Dominique Maddox at (404) 993-4448

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Listing

  • Listing#: 6995
  • Price: $99995
  • Location: Carmel
Lease Term: Expires Feb.2020 plus 3 yr option
Monthly Rent: $2314,
Indoor Seating: 48
Inside Sq. Ft: 1568,
Hood System: Yes
Hours Open: Monday-Saturday 11am-8pm Sunday-closed
# of Part-Time Employees: 7
# of Full-Time Employees: 2
Net Sales: $326446.93
Owner Benefit: $42822.18

Features

  • Located in Carmel’s Arts & Design District
  • Restaurant is rated one of the best Carmel Restaurant on Trip Adviser!
  • 2018 Sales over $325,000
  • Carmel's Meridian Street Corridor is home to the second largest concentration of office workers in the state of Indiana
  • Location (2018 - #3 The Best Places to Live in America (Realtor.com)
  • Street Parking & Parking Garage (all free)
  • Great outdoor seating area for 40 customers
  • Over 300 Google Reviews with rating of 4.7
  • Approved for SBA Lending with 20% Down
  • Restaurant for Sale