Seafood Restaurant For Sale with Real Estate and 25 Years Of Success

Financial Information

  • Asking Price: $995,000
  • Gross Revenue: $790,285
  • Cash Flow: $201,217
  • Down Payment: 0
  • FF&E (Included): $250,000
  • Inventory: $5,000
  • Financing: No

Business Location

  • Northeast
  • Louisiana
Primary Business Category: Restaurants

Sunbelt Business Brokers of Northeast Louisiana presents an opportunity to own and operate a successful restaurant with a 25-year track record. The restaurant is known throughout the region for delicious seafood dishes and high margin seasonal boiled crawfish. Business is showing more than $200,000in cash flow annually and listing does include the real estate. 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 with 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. Seller will 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 protected] 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 Ray Jennings is sponsored through Sunbelt Business Brokers of Northeast Louisiana, sponsoring real estate broker Brandon Bourgeois, telephone number 225-201-0202. Please contact Ray Jennings Directly at (318) 435-8770 for more information.


Support / Training Comments

Available


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1993
  • Franchise: No
  • Year Acquired: 1993
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • Days Open: 5 Days
  • Fulltime Employees: 9
  • Part time Employees: 3
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $11,680
  • Building Size: 7000 sq ft
  • Seats: 150
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Louisiana Restaurants For Sale

Contact:
Office Phone: 225-201-0202
Mobile Phone:
Listing ID: LOUISRS001-N187

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.