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Full Service Restaurant With Catering Business
Location: United States -> Louisiana -> Hammond
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Beautiful location on the main drag in a wonderful college town in Hammond, Louisiana. This restaurant and catering business for sale serves lunch, dinner & a Sunday jazz brunch with everything fresh and delicious. This business has been open for over a decade and has had a strong following. Restaurant also has a nice bar area which serves a quality selection of wine and beer for its patrons. Business also has a nice catering component.
The Hammond, Louisiana area (Tangipaoha Parish) is one of the top 3 fastest growing areas in Louisiana and one of the fastest in the nation. It is a great place to live, work and raise a family. There is plenty of very affordable housing, many with large or acreage lots. Southeastern Louisiana University with about 15,000 students is located there. The university is just a short distance from the restaurant. It is less than an hour drive to either New Orleans or Baton Rouge, Louisiana both major metropolitan cities with all the amenities. Outdoor recreational activities abound with numerous waterways, parks and woodland areas nearby. The city is at a junction of two major interstate highways which as fueled its growth in particular since hurricane Katrina when many major business from New Orleans moved there.
Owner is ready to divest of this business and pursue other interests. Owner has priced the business to sell and is eager to move into other areas. Seller is highly motivated to sell and will seriously consider and promptly respond to any reasonable offer. Owner will consider some seller financing with a reasonable down payment from a qualified buyer.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $220,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $30,000
Seller Financing:  Yes

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other Business Interests




Print Listing Id: 700219609
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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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