Full-Service Stand Alone Restaurant with Bar Available

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Business Description

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

Location:
Baton Rouge, Louisiana
Year Established:
2015
Number of Employees:
30 FT, 70 PT
Real Estate:
Owned
Building Sq. Ft.:
10,000
Facilities:
Full-service dining with seating for 285 people. Facility has multiple rooms, patio and full service bar area.
Market Outlook/
Competition:
Property is located on a major boulevard and has great visibility and traffic.
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About the Sale

Reason For Selling:
Other Business interests.
Training/Support:
Seller will provide training for 60 days.
Seller Financing:
Negotiable

Listing Info

ID:
1508703
Ad Detail Views:
619
Asking Price:
$3,400,000

Gross Revenue:
$5,914,000
Cash Flow:
$637,000
EBITDA:
$548,000
Inventory:
 Not Disclosed

FF&E:
$375,000
included in asking price

Real Estate:
$3,400,000
included in asking price

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Business Listed by

Camm Morton

VR Business Sales Baton Rouge

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