Restaurant
Location:
United States
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California
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Southern California - All Southern California
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Pasadena
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This popular Louisiana Cajun style seafood restaurant for sale opened just last year and is already exceeding 75K gross per month. The menu is fantastic and has been earning return customers since the beginning. Owners are selling because of partnership dissolution, but remaining partners are understandably excited about the reception of Cajun food in the area so they are moving to a larger location in Pasadena. The menu concentrates on seafood rich in Cajun spices but also includes other deep-fried items. Beer and wine menu for the adults and a colorful pirate's decor is fun for the kids! It's a great family restaurant that is gaining popularity and recognition in the neighborhood. As with the current owners, the opportunity for expansion is an exciting possibility as the Cajun food scene takes off in L.A. This is a tremendous opportunity for buyers because businesses in the middle of such strong growth potential rarely become available. Seating for 108 and ample parking available. Situated in a landmark building only a half mile from freeway access. Training will be provided as needed. Authentic Cajun cuisine and a fun pirates of the Caribbean atmosphere outside downtown L.A. Inquiries from serious buyers only please. For more information, please email or call Arnold Lee at (818) 342-5222 ext.310
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$900,000
Cash Flow:
$230,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $180,000
Seller Financing: No
About The Business
Year Established: 2008
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 1 week at 30 hours per week following close of escrow.
Reason For Selling: Partner dispute and expanding.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700111281
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