Restaurant / Bar / Banquet Hall
Location:
United States
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Louisiana
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Southeast Louisiana
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Very large (16,000 sq ft) restaurant with a bar and banquet hall has built a solid reputation in the community for good food and fine service. Restaurant seats 180 and facility has a maximum capacity of 450. Restaurant has a superior location in the main clubhouse of a private country club. Business caters to members and is also open to the public. Restaurant overlooks the golf course and is in the front of a major high-end subdivision that is built around the golf course. A major hotel is planned next door and the business has the option to provide the food service for that hotel. Business has video poker gaming machines which contribute nicely to the bottom line.
Business is located in a large, fast growing, affluent suburb community just a very few minutes and a very few miles down the interstate from a very large, very sophisticated metropolitan city. Community has plenty of affordable housing, good public schools and an abundance of recreational activities.
Seller has developed significant other business interests and is highly motivated to sell. Seller will offer buyer multiple options: buy business, lease with option to purchase or sign an operating contract. Seller is open to reasonable offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see this beautiful facility and fine business. We promise you will be so impressed you will want to make an offer. Contact for more information on this Restaurant / Bar / Banquet Hall for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$750,000
Cash Flow:
$100,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $115,000
Seller Financing: No
About The Business
Year Established: 1981
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Available.
Reason For Selling: Other business interests.
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: 70067566
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