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Restaurant For Sale
Location: United States -> Louisiana
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This restaurant business for sale is located on New Orleans North Shore. Business has been around for 10 years and serves a variety of food. Restaurant seats approximately 300 and new owner could open and expand hours to increase profits. Business occupies a nice lease space of roughly 10,000 sqft. Business has a great reputation and a large base of repeat customers.
Restaurant business for sale is in a pleasant nice size city with the old south charm. It is in one of the fastest growing parishes (counties) in Louisiana. There is plenty of affordable housing, many with large or acreage lots. Outdoor recreational activities like hunting, fishing, boating, golf, bicycling, etc. abound. City is just a short drive to two major metropolitan cities with all the amenities- Baton Rouge and New Orleans, LA. The air is clean, crime is very low. It is a great place to live, work, and raise a family.
Seller is ready to retire and is highly motivated to sell. Owner is willing to train and will consider some seller financing for a qualified buyer with a reasonable down payment. Contact us, meet the owner, try the food, and make an offer today for this one of a kind restaurant!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $350,000
Cash Flow:   $85,000
Cash Flow Type:  EBITDA
Inventory:  $115,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available
Reason For Selling:  Retiring and relocating




Print Listing Id: 700241101
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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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