Nice Restaurant with Apartment For Sale in South Louisiana

Financial Information

  • Asking Price: $229,000
  • Gross Revenue: $237,900
  • Cash Flow: N/A
  • Down Payment: 0
  • FF&E (Included): $50,000
  • Inventory: $3,000
  • Financing: No

Business Location

  • South
  • Louisiana
Primary Business Category: Restaurants

Sunbelt Business Brokers of Baton Rouge presents this nice 4 year old restaurant business for sale with an apartment above in south Louisiana. Business is located in a small town with all the southern charm. Real estate is included in the sale. Restaurant occupies downstairs with approximately 1,600sqft and has a 3 bedroom 1,600sqft apartment above that an owner operator could live in or could charge rent for extra income. Restaurant is newly renovated and the FF&E is in good shape. Restaurant can seat approximately 60 people. Restaurant serves a more refined menu and is the only one of its type in the immediate area. Catering currently make sup around 10-15% of the business but easily could be expanded. Owners have been absentee and have not put a lot of time to the business. Owners have decided to sell to pursue other interests. Owners will train buyer on all their delicious recipes and operation of the business. Owners would consider some seller financing for a qualified buyer with a proper down payment. Contact us today for more information on this nice restaurant for sale. Come meet the owners, see the great fit for you, make offer! Agent Gary Cowell is sponsored through Sunbelt Business Brokers of Baton Rouge, sponsoring real estate broker Brandon Bourgeois, telephone number 225-201-0202. Please contract Gary Cowell directly for more information at 225-201-0202


Support / Training Comments

Available


Reason For Sale
Other interests
  • Home Based: No
  • Year Established: 2014
  • Franchise: No
  • Year Acquired: 2014
  • 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: 6 days
  • Fulltime Employees: N/A
  • Part time Employees: 9
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $5,200
  • Building Size: 3400 sq ft
  • Seats: 60
  • 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-N188

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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.