Unique Fusion Indian QSR brand with no competition

Providence, RI

Seller Financing Available

Asking Price:$199,000
Rent:$3,500/Month
Established Year:2023
Gross Revenue:$450,000
FF&E:$75,000
BUSINESS DESCRIPTION

5 star Growing Modern Indian Fusion brand serving Bowls Wraps Tacos

Cilanter is a family-owned modern Quick Serve restaurant that aims to provide healthy, tasty, and freshly prepared meals. Our unique flavor profile includes flavors and ingredients inspired by Indian, Mexican, and Mediterranean food. Most of our ingredients are sourced locally and without any preservatives, artificial colors, or flavors. We use halal-certified meats and ensure that animals are raised in a healthy, clean, and humane environment. We minimize the use of dairy products and provide multiple healthy natural vegan and vegetarian choices. OUR CONCEPT IS TO LET OUR CUSTOMERS DECIDE WHAT THEY WANT IN THEIR ORDER BY CHOOSING BASE, PROTEIN, TOPPINGS, SAUCES, AND DRESSING."

With a unique storefront design, name, and concept, this brand is set up to be a multi-million dollar brand with the right owners and partners. The current owner is running absentee with the manager and this can be run 100% absentee or with minimal hours. The business has training manuals, recipes, and other operational documents. Operation is smooth with clean, simple recipes. The owner is willing to assist new buyers with training or even stay in business as a partner.

In less than 1 year, the business has more than 1000 loyalty signed-up customers along with 1000 plus 5-star reviews aggregated on all platforms. We are also positioned on historic Federal Hill with exposure to residents, tourists, and local businesses. A favorable lease is in place with multiple options. Contact to discuss more.


DETAILED INFORMATION
Location
Providence, RI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/07/2028
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Beverage Cooler Flat Top Griddle 4 Stove Gas Range with Oven Food Warm Cabinet Counter Top Cold Pan station with Compressor (2) Steam Table 2 door Cooler (2) 20 Chairs Outdoor Tables Branded Employee Uniform (500) Chest Freezer (2)
Competition
Currently, there is no competition for such business. With the right ownership, this business can stand next to Chipotle or CAVA. There is demand in this space for an innovative concept like Cilanter.
Growth & Expansion
Tremendous opportunity. The current owner ran it absentee with the least marketing. The location also is very good. New apartments are being built in the vicinity. Potential inquiries exist in franchising. The new owner can capitalize on that.
Financing
50% down rest can be financed
Support & Training
Ongoing or 3 months. Open to ensure prospective buyer is successful
Reason for Selling
Moving out of country. Focusing on other business priorities. Hand over to right
Franchise
This business is an established franchise

BUSINESS LOCATION
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