Selling Your Indian Restaurant? 

Since 2008, restaurants have been struggling due to the recession, and Indian restaurants are not an exception. Coronavirus-related restrictions have made it harder than ever to maintain the proper staffing or offer the expected minimum wage, get food supply orders fulfilled, or simply allow the patrons to safely enter your establishment. This has added even more pressure for the business owners in regards to both time and money. Since 2020, nearly 300,000 restaurants have closed their doors, permanently.

When Indian restaurants close, the owners can find themselves overwhelmed with the process of liquidating their business’s furniture, fixtures and equipment. We here at WBAR know the decision to close your restaurant is a very difficult one. We want to try to ease some of this burden for you by making this process streamlined and worry-free.

While you begin the process of ceasing business operations and filing proper legal paperwork, WBAR can handle every aspect of clearing out the space by paying you CASH for your Indian restaurant. Once you accept the offer, you will have your money within just days. 

After you request your FREE, no-obligation personal business valuation our experts will walk you through the easy process. We’ll ask a few questions, request some photos & review your asset list. Some assets may include:: 

• Refrigeration (Walk-ins, Reach-ins, Undercounter Coolers and Freezers)

• Cooking & Processing Equipment (Tandoori Oven, Stockpot Range, Fryer)

• Indoor & Outdoor Seating (Tables, Chairs, etc)

• Dishwasher, Ice Machine, Grease Trap

• Sound and Light System, POS System

• FOH and BOH Serving Equipment (Dishes, Cookware, Bakeware, Utensils, Packaging)

• Any Other Non-Permanent Assets in the Property

After reviewing the information you will receive a FREE cash offer with NO obligation. Once the offer is accepted our team will immediately begin scheduling your extraction using qualified labor and proper tools and transportation. 

Still owe on your equipment? Leases? Multiple owners? Franchise agreements? Outstanding debt?

IT DOESN’T MATTER. We can help. CALL NOW!!

We Know the Restaurant Business

When opening a new Indian cuisine concept eatery, owners must consider their regional area and select a location that will allow maximum visibility and profitability. Some markets seem to strongly prefer delivery options, utilizing the convenience of food delivery options such as GrubHub, DoorDash, Uber Eats, Postmates or Caviar, while others choose to more frequently dine in. Outdoor dining on a patio, porch or other dedicated space can increase in the warmer seasons for variable climates, and year-round in warmer states will increase your traffic, especially when paired with an outdoor bar. It is best to offer a space specifically for those non-smoking guests if your state allows for smoking indoors. 

The average cost to open an Indian restaurant in the US is $200,000.00. When starting from scratch and designing a build-out to open a new location it should be mentioned that you should expect at least 18 months before beginning to see a profit – maybe even longer when taking into account labor shortages resulting in higher wage requirements, food and beverage shortages along with reduced capability to provide expedited delivery of those commissary orders resulting in higher costs, higher security deposits or stricter lease terms and requirements for lessors since landlords, property owners and commercial property owners that lease restaurant spaces have experienced a higher incidence of broken leases, bankruptcies, non-renewals or simple business abandonment due to the large amounts of loss suffered in lieu of profits for these businesses. In addition, the owner needs to consider whether they can await profitability while maintaining their own financial responsibilities and while awaiting the business to generate enough profit to properly pay them for the many hours they will be putting into the business. Anyone who has ever owned an Indian restaurant or buffet or any other type of food establishment knows that working twice as hard for half as much is almost a given, usually it needs to be enough working for the simple reward of a business that makes enough money to make up for all of the time and energy they have poured into their family business or franchise.

In 2021 there are 4,000 Indian restaurants open and operating in the US. The oldest is reported to be Bombay Masala in Brooklyn, New York, which opened in the first decade of the 1900’s and still operates today. The most popular menu item in an Indian restaurant is usually Butter Chicken, followed by Tandoori chicken. Known as the spice capital of the world, India is called the Land of Spices, although contrary to popular belief not all of their dishes are spicy, and although the majority are vegetarian there are multiple options for meat-eating diners as well. Much Indian food originates with contributions from Greek, Roman and Arab traders.  

It is estimated that for every 100 Indian restaurants that open, only 3 will remain open after 5 years, with 90 of those closing within the first year. If you are considering selling your Indian restaurant, you understand the market. It is best to sell fast - sell NOW - before thousands of other bars like yours flood the market, devaluing your investment right alongside the daily depreciation factors. 

Stop struggling to earn a living, and start living! Call WBAR NOW for your FREE valuation.