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Semi - Absentee & Long - Standing Seafood Restaurant
Location: United States -> Louisiana -> Ball
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Sunbelt Business Brokers of Alexandria presents an opportunity to purchase a semi-absentee restaurant business for sale with 40+ years of serving some of the best seafood in the area. Business has outstanding name recognition. The superior food quality is known throughout the area. Customers have been frequenting this same location for many, many years. These are just some of the reasons to find out more about this business. New and existing customers are treated to an excellent experience with menu items that are simply considered part of the Louisiana way of life. This business is located on a very busy highway and where customers are greeted with an aesthetically pleasing storefront and ample parking. The 2,400 square foot restaurant seats approximately 90 and has been decorated reminiscent of Louisiana rural life. This restaurant and building is located on a little more than half an acre of land and includes a portable building. All of the real estate is included in the asking price.

The acquisition of this business will also include two walk-in coolers and a walk-in freezer, providing ample storage for inventory. Five fryers keep the food coming throughout the restaurants busy times and an industrial vent hood pulls the smell of delicious cooking outside, to meet incoming diners. There is very little direct local competition. Patrons drive from the surrounding urban areas contributing to the success and longevity of this business. The restaurant is staffed with employees that are experienced and can help ease the burdens of transition to new ownership. The restaurant can be run absentee, semi-absentee, or with the new owner at the helm every day. With a manager in place, the current owner spends 4-6 hours a week at the restaurant. Without a manager in place, the current owner spends 10-12 hours a week helping keep operations running smoothly. Full time ownership, catering, and opening on Sunday are a few of the opportunities that could be pursu


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $555,601
Cash Flow:   $79,792
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $25,000
Seller Financing:  Yes

About The Business

Year Established:  1978
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Other business interests




Print Listing Id: 700312932
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



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