Asking Price: $995,000 Gross Revenue: $790,285Cash Flow: $201,217 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $250,000 included in asking priceReal Estate: Not Disclosed 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.
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 email@example.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
Ouachita Parish, Louisiana
Number of Employees:
Building Sq. Ft.:
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.
Seafood Restaurant With Real Estate And 25 Years Of Success
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