Crawfish & Seafood Restaurant

Asking Price$2,300,000

Cash Flow
$368,815
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,572,624

Inventory$10,000
Included in asking price
FF&E$300,000
Included in asking price
Real Estate$525,633
Included in asking price
Crawfish season starts soon. NOW is the time to buy!Save

Crawfish & Seafood Restaurant


Asking Price$2,300,000

Cash Flow
$368,815
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,572,624

Inventory$10,000
Included in asking price
FF&E$300,000
Included in asking price
Real Estate$525,633
Included in asking price
Business Description
Crawfish restaurant with valuable real estate.
Benchmark Business Brokers presents a Crawfish, Steak and Seafood restaurant that has stood the test of time. Founded 27 years ago the original owner is retiring. Although this restaurant offers steaks, seafood, burgers, po-boys, gumbo and other Louisiana fare, it has won awards throughout the state for their boiled crawfish.

Located adjacent to an exit ramp off a major US Interstate, this restaurant is the only crawfish restaurant from Eastern Mississippi to Texas that is considered "on" the Interstate. The restaurant is approximately 300 yards from the exit ramp and is visible from the Interstate.

This restaurant has been providing the region and local community with quality seafood served in a family friendly environment. The owners strive to share their family's love of exceptional seafood and steaks with your family. They invite their guests to come on in and enjoy a delicious meal and a great night out in a laid-back environment. Whether you want fried pickle chips, an oyster po-boy, fried catfish, or a ribeye steak, the well-trained cooks will serve up the city's best seafood. A large part of enjoying a meal is enjoying where you are. For an authentic Cajun Creole experience, you won't forget and food you will want to come back for, this restaurant has all the systems, procedures and recipes in place to allow for the next generation of owners to be successful.

Please note: Generally, crawfish season in Louisiana begins as early as November and usually runs through the 2nd week of June. Prospects who want to take advantage of the booming crawfish season should act now while there is enough time for a seamless transition and preparation for the up and coming season.

More information will be provided to qualified prospects who execute a standard confidentiality agreement. Serious prospects only.


Marc L. Able is licensed by the LREC
Sr. Broker – Buck Commander Properties
2009 Old Sterlington Rd.
Sterlington, LA 71280
About the Business
Years in Operation
27
Number of Employees
15
Facilities & Assets
Restaurant seats 128 people and sits on two lots (approximately .83 acres) with plenty of parking and easy ingress and egress. Property would need to be surveyed by a licensed surveyor to determine more exact size.

There is a nice wood portable building on premises that is used for an office and storage.
Market Outlook / Competition
There is not a restaurant similar to this one for 27 miles. Successful restaurants with proven recipes and operational efficiencies will continue to prosper.
Opportunities for Growth
Off-premises catering and adding delivery services are just two of the opportunities to grow and expand. In addition, the restaurant is closed Sundays and Mondays. Revenue could be increased substantially by opening on those days.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,400
About the Sale
Seller Motivation
Retirement
Transition Support
The Seller will train a new owner on the recipes, prep procedures and how to operate the restaurant for up to 30 days. The Seller anticipates all the employees will remain with the restaurant and welcome a new owner.
Listing Info
ID
2376633
Listing Views
384

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Business Listed by: Marc L. Able Benchmark Business Brokers

Listing ID: 2376633 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.