Crawfish & Seafood Restaurant

Asking Price$140,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&E$30,000
Included in asking price
Award-winning boiled crawfish, Po-boys and seafood.Save

Crawfish & Seafood Restaurant


Asking Price$140,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&E$30,000
Included in asking price

Seller Financing Available
Business Description
Benchmark Business Brokers presents a restaurant concept that has been serving the Shreveport/Bossier market for more than twenty (20) years. Everything this restaurant serves is delicious and it frequently wins "best of" in several categories. Possibly best-known for their crawfish, this restaurant serves po-boys, a wide selection of fried and grilled seafood items and a variety of Asian dishes. Pho soup, egg noodles, rice noodles and several different types of rice, makes this restaurant's menu a favorite for all.

The restaurant recently added a nice bar that seats approximately 8-10 people. The bar is not staffed, under-utilized and a huge opportunity for the business to increase profitable sales. The restaurant does not offer video gaming (video poker) creating another opportunity to drive profitability.

The restaurant currently Leases the building. However, the landlord will entertain the idea of selling the building and real estate to the new owner of the restaurant making this deal a great real estate play as well.

Please note: inventory is NOT included in the asking price. The inventory at the time of closing is estimated to be around $10,000. Inventory will be transferred at closing by a separate Bill of Sale.

See what this restaurant's guests are saying....

"Their crab legs with butter are absolutely fantastic. They are always cooked to perfection. My kids can't get enough of the crawfish, which makes me happy too! The staff is wonderful; they know me and always greet me with a smile. It feels like family every time I visit. Highly recommend this place for anyone craving seafood!"

"Great tasting seafood"

"Everything was perfect. I will definitely order from them again."

"Great food, meat pies were excellent"
About the Business
Years in Operation
7
Employees
5
Facilities & Assets
This is a free-standing building on a major artery drive surrounded by neighborhoods, multiple offices, hospitals, stores and schools. The building is well-built, configured well for the concept and seats approximately 60-80. The dining room is spacious enough for larger parties, banquets or special events and the kitchen is well furnished and clean.
Market Outlook / Competition
There are many restaurants in this market. The founder of this concept migrated to Shreveport/Bossier in 2005 from New Orleans due to hurricane Katrina. He opened his first location in Bossier City in 2005 and has been winning awards for his New Orleans po-boys, fresh seafood, Asian specialties and crawfish ever since.
Opportunities for Growth
This is a busy restaurant on one of the highest traffic count streets in the entire region. By staffing the newly constructed bar with experienced bar tenders and adding video poker to the business will increase sales and profitability substantially. This restaurant could easily be converted to a Sports-themed restaurant/bar while still using the current recipes and enjoying a complete turn-key restaurant/bar opportunity.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,432
Rent
$6,500.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train a new owner for up to 30 days. In addition, cashiers and the manager will train the new owner at the Seller's expense for two (2) weeks. The Seller will train on all the current recipes, product prep specifications, vendor relations and how to cook their award-winning boiled crawfish.
Financing Options
The Seller MAY finance a portion of the sales price to a Buyer with exemplary credit
Listing Info
ID
2353683
Listing Views
1126

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Business Listed by: Marc L. Able Benchmark Business Brokers

Listing ID: 2353683 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.