Seafood Restaurant With Real Estate And 25 Years Of Success

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Asking Price:
$995,000

Gross Revenue:
$790,285
Cash Flow:
$201,217
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Sunbelt Business Brokers of Northeast Louisianapresents an opportunity to own and operate a successfulrestaurant with a 25-year track record that is known throughout the region for delicious seafood dishes and high margin seasonal boiled crawfish. This business is showing more than $200,000.00 in cash flow annually and this listing does include the real estate. In addition, this business includes a banquet room, bar with a full liquor selection which of course increases profitability, and second building that has a full kitchen that can be utilized for catering and cooking classes. The interior seats approximately 150 and the entire facilities has more than 7,000 square foot of space under roof. The kitchen is very spacious and has all of the equipment needed to grow the business under a new owner. The restaurant is located on a well-traveled highway and the business has plenty of visibility and parking. The business has well trained and dependable kitchen and wait staff that can move forward with a new owner. There is certainly an opportunity for a new owner to increase revenues by opening additional days as the business is currently closed two days a week. There is a web site up and running and the business is already recognized on most of the restaurant review sites on the internet. The owners have grown this business for 25 years and are simply ready to retire. They will of course provide the training and transition necessary as they too want this business to enjoy continued success moving forward. Contact Ray at (318) 435-8770 or ray@sunbeltbuysell.com today to sign a confidentiality agreement, find out more about this opportunity, and make an offer on a well established restaurant with impressive profitability.
Agent is sponsored through Sunbelt Business Brokers of Northeast Louisiana, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contact agent directly for more information.

About the Business

Location:
Ouachita Parish, Louisiana
Year Established:
1992
Number of Employees:
12
Real Estate:
Owned
Building Sq. Ft.:
6,290
Facilities:
This business includes a banquet room, bar with a full liquor selection which of course increases profitability, and second building that has a full kitchen that can be utilized for catering and cooking classes. The interior seats approximately 150 and the entire facilities has more than 7,000 square foot of space under roof.
Website:
sunbeltbuysell.com/buy
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Available

Listing Info

ID:
1483442
Ad Detail Views:
545

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Business Listed by

Ray Jennings

Sunbelt Business Brokers
License# SALE.0995695796-ACT

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Sponsoring Broker:

Darren Williams
Sunbelt Business Brokers


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