Established full-service Restaurant & Bar which has seating for 285 patrons is a great opportunity for an existing operator to expand or the for the right candidate who is looking to strike out on their own. The facility is fully equipped from the kitchen & bar to the customer seating and is ready for a turn-key transfer. Restaurant is located in South Louisiana in a very heavy traffic area. Owner is looking to divest from this operation and focus on investments outside of the full-service dining arena. Included in the price is ownership of the building and all amenities currently located on-site.
About the Business
Baton Rouge, Louisiana
Number of Employees:
30 FT, 70 PT
Building Sq. Ft.:
Full-service dining with seating for 285 people. Facility has multiple rooms, patio and full service bar area.
Property is located on a major boulevard and has great visibility and traffic.
Asking Price: $3,400,000 Gross Revenue: $5,914,000Cash Flow: $637,000EBITDA: $548,000Inventory: Not Disclosed FF&E: $375,000 included in asking priceReal Estate: $3,400,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Full-Service Stand Alone Restaurant with Bar Available
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