Need help?

Restaurant for Sale in Newport News, USA

Full sale of two Indian cuisine brands in Virginia with consistent revenue and growth potential.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity S Corporation
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.9 million
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Newport News
Local Time 5:12 AM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: USD 500,000)
Reason: The business is being offered for sale as the owner is in the process of relocating to Canada to exp... View More
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Business operating 2 Indian cuisine brands in Virginia.
- Client base: Serving thousands of customers annually across three restaurant locations in Virginia, with a strong mix of local American families, students, professionals, and the South Asian community.
- Revenue model: Combination of dine-in services, takeaway, catering, and online delivery platforms (Uber Eats, DoorDash and Grubhub), generating consistent and growing revenue streams.
- Promoter experience: Founded and managed by an entrepreneur with 8+ years of global hospitality and culinary experience, including cruise ship service (Marella Cruises) and ownership of multiple restaurants in the USA, Canada, UK, and Estonia.
- Business relationships: Established partnerships with local suppliers, food distributors, and delivery platforms to ensure quality, competitive pricing, and market reach.
- Awards & recognition: Restaurants consistently maintain high Google review ratings (4.6+ stars) and strong community recognition for authentic Indian cuisine and customer service excellence.
- Growth track record: Expanded from one to three restaurants in Virginia within a year, demonstrating scalability, market demand, and strong management capability.
Products & Services Overview
- Our top-selling products across the two brands are authentic Indian curries, biryanis, Indo-Chinese fusion dishes, and bar services.
- These are enjoyed by a diverse customer base, including local American families, working professionals, students, and the South Asian community in Virginia.
- Customers use our services for dine-in experiences, family gatherings, celebrations, takeaway orders, and online deliveries through platforms such as Uber Eats and DoorDash.
Assets Overview
Tangible assets:
Restaurant infrastructure:
- Fully equipped commercial kitchens (ovens, stoves, fryers, refrigerators, freezers, prep tables and dishwashers)
- Dining furniture (tables, chairs, bar counters and décor)
- Bar equipment (dispensers, coolers, glassware and POS terminals)
- Leasehold improvements (renovations, fixtures, lighting and signage)
- Storage units, shelving, and utility installations.
Technology & operations:
- POS systems, billing software and tablets for online orders.
- Delivery integration hardware (Uber Eats, DoorDash and Grubhub terminals)
- Security systems (CCTV and alarms) on in-house sales only.
Intangible assets:
Brand value:
- Rights to restaurant names.
- Established reputation and high customer loyalty in Virginia market.
- Consistently strong Google review ratings (4.6+ stars)
Operational systems:
- Supplier contracts with local distributors ensuring consistent quality and competitive pricing.
- Well-trained staff teams familiar with recipes, customer service standards, and operational procedures.
Digital assets:
- Online delivery partnerships with Uber Eats, DoorDash, and Grubhub.
- Social media presence and online customer base.
Goodwill & customer base:
- Thousands of repeat clients annually from local American families, students, professionals, and South Asian diaspora.
- Established catering and event client relationships.
Lease rights:
- Active rental/lease agreements for restaurant premises (Newport News, Yorktown, and Virginia Beach SK8 House)
- Advantageous terms such as low rent at SK8 House ($650/month with utilities included + 12% commission.
Facilities Overview
First restaurant's main location is in Newport News, Virginia:
- This is a a full-service dine-in restaurant located on the ground floor with approximately 2,500 sq. ft. of built-up area.
- The facility includes a dining hall, bar section, commercial kitchen, and storage area.
- Operated under a long-term lease agreement, ensuring stability and continuity of operations.
The second restaurant's main location is in Yorktown, Virginia:
- This is a modern casual-dining setup occupying about 2,200 sq. ft. , designed with a main dining area, bar service counter, and fully equipped kitchen.
- Operated under a lease contract with flexible terms, allowing for sustainable growth and community outreach.
First restaurant's small branch in SK8 House, Virginia Beach:
- This is a unique food-court style operation inside a recreational complex, featuring a shared dining hall with ~150+ seating capacity managed by the SK8 House team.
- Facility is operated under a low-cost lease arrangement, with rent of $650/month including utilities and a 12% commission on in-house dining sales (excluding delivery platforms such as Uber Eats and DoorDash).
- This arrangement provides excellent exposure and reduces overhead costs.
In total there are 3 leased locations in Virginia. One brand has two outlets while the other has only one outlet.
Capitalization Overview
- The business is fully promoter-funded, established through personal investment and reinvested earnings from operations.
- There are no outstanding bank loans or third-party debts against the company at present, ensuring financial stability and independence.
- The companies are privately held with a single promoter-owner, holding 100% ownership across the U. S. entities.
- This structure provides complete control over decision-making, operational flexibility, and long-term sustainability.
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more