When thinking about buying a restaurant for sale, buying an Indian Restaurant for Sale can represent a great decision for a restauranteur looking to cater to the 4.5 million Indian Americans living in the United States as well as the enormous population of Americans who love the exotic spices and intricate flavors only found in Indian cuisine.
The first Indian restaurant in the USA was opened in the mid-'60s, and today there are around 80,000 Indian restaurants in the US. Demand will only continue to increase as more and more Americans are introduced to delectable dishes like Chicken Tikka Masala, Lamb Biryani, and vegetarian options like Palak Paneer. In addition, people who love spicy food are naturally drawn to the different varieties of curry that Indian restaurants offer and often find themselves coming back over and over again.
Because Indian Restaurants are heavily dependent on a masterful chef who is highly familiar with the cuisine, and because the dishes aren’t easy to make at home compared to other types of food, people are willing to spend more when they eat out for Indian. Although the dishes take specialized knowledge and skill to make, they aren’t necessarily more expensive to make, and the higher price tag translates into bigger profits for the owner.
Another staple of Indian cuisine is the Sunday lunch buffet. Many restaurants have found that they can prepare large quantities of a few popular dishes and run a buffet, which hungry customers love and which translates into more profit since preparing larger quantities of food is much easier on the chef than preparing dozens of assorted dishes.
When thinking about buying or taking over an Indian Restaurant for Sale, make sure to look into the surrounding demographics. An Indian Restaurant in a big city or next to a college or international airport will do better than an Indian Restaurant in a small country town (unless that town has a large Indian population.)
With Americans being more and more open-minded and adventurous when it comes to trying new cuisines, now is definitely a good time to consider buying an Indian Restaurant for sale. Make sure to check out Indian Restaurants for sale offered by The Restaurant Brokers at We Sell Restaurants today!
If you are buying a restaurant with SBA lending, make sure you are ready to go with this checklist of items the bank will need.
What characterizes the restaurant buyer? Is it extensive food service experience? Management training? Surely, acquiring a business degree is a must (or not- keep reading!)