Popular restaurant for sale, Slidell La: $65,000

Asking Price$65,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$422,077

InventoryNot Disclosed

FF&E$5,650
Included in asking price
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Popular restaurant for sale, Slidell La: $65,000


Asking Price$65,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$422,077

InventoryNot Disclosed

FF&E$5,650
Included in asking price
Business Description
Highly popular restaurant for sale with a setup that can triple revenue in 24 months or less. It has been growing consistently, producing over $400,000 in revenue with no marketing efforts other than Facebook organic posts and word of mouth. (no website, no paid ads, no signs on the interstate), and despite the fact that the restaurant is only open part time (4 1/2 days) and both owners have highly demanding full time jobs.

Prime location in the middle of the most social area of town , close to an interstate and close to a major development in the area that will significantly increase foot traffic and customers count for the restaurant this year. No real competition in the area.

Sellers moving out of state for family reasons.
About the Business
Years in Operation
2
Number of Employees
9
Facilities & Assets
The building is beautiful and extremely spacious with several separate rooms used for different purposes appealing to a large variety of customers, and a huge potential for increased sales. All furniture in great condition. Gorgeous fully stacked bar. Great patio extremely popular with the guests when the weather is nice.
The atmosphere is a mix of familiar and high end vibe.
Market Outlook / Competition
The restaurant is growing in popularity and customers are getting more and more aware of the additional services offered, which translates in increased revenue consistently (word of mouth alone). The food offered is somewhat unique in an area where most restaurants are chain type ( this restaurant is local.) and most customers are becoming regulars. There is a new development in the area that should be completed soon that will significantly boost traffic in the area providing an additional segment of population that will be exposed to this restaurant.
Opportunities for Growth
The restaurant has several significant opportunities for growth. First few are:
*increase operating hours from 5 days / week to 7 days a week.
*add signage on the nearby busy interstate
*create a website where customers can order take out, book events and become aware of everything this restaurant has to offer
The main opportunities for significant growth are specific to this location and are available per request only.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,500
Rent
Not Disclosed
Lease Expiration
2/22/2028
About the Sale
Seller Motivation
The current owners are moving out of state.
Transition Support
Transitional training available for 10 business days after purchase.
Listing Info
ID
2371476
Listing Views
696

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Business Listed by: Adriana Cowart Chisca Group

Listing ID: 2371476 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.