Sunbelt Business Brokers of Baton Rouge presents this several decade old restaurant business for sale. Restaurant is located on a high traffic 4 lane road at the intersection of another very high traffic hwy. Restaurant seats approximately 60 people and is full with reservations constantly. Business has a strong following and a loyal customer base. Restaurant serves up nothing but the freshest dishes with local sourced ingredients. This business is great for an owner operator or an absentee owner. Hours can be expanded to generate additional revenue.
Owner has decided to sell to pursue other interests. Seller will help train and transition new owner. Owner may consider some seller financing for a qualified buyer with a proper down payment. Contact us today for more information on this highly profitable restaurant. Come meet the owner, taste the great food, make offer!
Asking Price: $450,000 Gross Revenue: $764,000Cash Flow: $200,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $85,000 included in asking priceReal Estate: Not Disclosed Share 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.
Very Profitable Restaurant For Sale in Baton Rouge, LA
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