An Unbelievable Opportunity For An Owner Operator
Business Description
This highly regarded business has just been listed for sale and with the consistent history of gross sales figures, this business will not last long on the market. This business is strategically located in a high traffic area with excellent visibility and is considered the definite "GO TO" restaurant for succulent seafood and high-quality steaks. The business has received numerous awards for the Best Seafood and Best Bar. The Bar atmosphere is excellent for dining and watching your favorite sports teams compete on the multiple TV's located throughout the bar. The main dining area has built a loyal following by delivering hand crafted dishes in a warm, inviting atmosphere that blends tradition with culinary innovation. The menu reflects a commitment to bold flavors, quality ingredients, and authentic recipes that reflect the favorite dishes of the area. With consistent annual gross revenue of over $1.6 million, a prime location, and a proven operational model supported by a dedicated and loyal team of employees, this turnkey opportunity is ideal for an experienced owner operator or visionary entrepreneur looking to step into a thriving concept that will provide instant positive cash flow. With the addition of a full-time owner operator, the ceiling for this business is outstanding. Due to the major cities of Baton Rouge and New Orleans being under an hour in distance, the business has an outstanding following from customers from each city traveling during the week and visiting on the weekends.
About the Business
- Years in Operation
- 15
- Facilities & Assets
- The facility is approximately a little over 8000 square feet, and the rent is reasonable for the amount of square footage. The amount of seating in both the inside and outside areas combined will accommodate over 300 with comfort.
- Market Outlook / Competition
- The market is strong and will continue to grow as the metro areas grow as well as the city of location. The competition is strong but the established brand name being trusted for years assures the continued growth in business.
- Opportunities for Growth
- There are multiple avenues available for immediate and significant growth such as increasing the catering offered and marketing promotion of events would add additional revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,000
- Rent
- $11,000.00 per month
- Lease Expiration
- 1/1/2030
About the Sale
- Seller Motivation
- Life Change
- Transition Support
- The Seller will offer two weeks of in-house training and 30 days of consultation by phone, or email. The trained employees being already in place along with the accepted menu being extremely popular will limit the amount of training required by a new owner. Included in the cooking training, the Seller will train all aspects of the business including the POS system.
- Financing Options
- The Seller will offer owner financing with 60% down payment at 7% interest for 7 year
Listing Info
- ID
- 2448040
- Listing Views
- 8
Listing ID: 2448040 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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