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Established Local Restaurant With Hungry Customer Base Built For Sale

Louisiana, US
Asking Price:
$345,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$775,085 (USD)
Cash Flow:
$28,338 (USD)

Sunbelt Business Brokers of Central & North Louisiana presents an opportunity to purchase a family style restaurant located in Central Louisiana on a very busy highway at the entrance of a large local government installation. This very successful restaurant was established in 2011 has a hungry customer base built in that you have to see to believe. In addition to providing meals to these loyal customers they also provide catering services to many local businesses, churches and organizations throughout the area. Hours of operation are limited by the current owner to two days a week 11AM - 3PM, three days a week 11AM - 5PM, and closed on Sunday and Monday. While the current owners preferred hours of operation keep them very busy, there is definitely opportunity for expansion into breakfast and or dinner given this restaurant’s prime location. Additionally, delivery service is another avenue that could be explored by the new owner to increase gross revenue and develop an even larger customer base.

The asking price includes inventory valued at approximately $15,000 as well as FF&E valued at an estimated $150,000. The building is 3,210 sq. ft., including a walk in freezer and a smokehouse and all equipment is in good working order. The nicely decorated space comfortably seats up to 93 patrons and there is ample parking available for the lunch-time crowds. There are currently 17 well trained employees on staff so the new owner will hit the ground running. This restaurant has built a brand that is easily recognizable to most anyone in the area. The current owners, having established and built the restaurant themselves, are willing to train in order to ease the transition of ownership and help ensure continued customer satisfaction. The possibilities for growth and expansion with this restaurant are unlimited, and will become more clear upon assessment of this business. The current owners are simply looking to retire and enjoy their days with well earned relaxation. Come see this exceptional restaurant. See the owner. Taste the excellent food. Make an offer!

Property Information

Real Estate:

Lease

Premises Details:

1300.00

Size in square feet:
3,240 sq ft

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: 6 Days

Employees:
Full Time: 17
Years established:
9

Other Information

Financing available:

Monthly Payroll: $11,000
Financing is Available

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$1,500 (USD) - included in the asking price

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