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Business For Sale
LARGE RESTAURANT / BAR / BANQUET HALL
Attn:
Carson Bankston
Acadiana Region, LA, USA
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Listing Number: "BatonLA001-N1236"
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Listing
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Asking Price: |
$740,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other Business Interest |
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Year Established:
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1953 |
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# of Employees:
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25 Part Time |
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Yearly Revenues:
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$750,000 |
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Yearly Cash Flow:
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$135,000 |
Business for Sale Overview:
An institution in its community, this 55 year old restaurant, lounge, and banquet hall has a large, loyal base of repeat customers that have been eating there for generations. The real estate is included in the sale. The building is about 8,200 square feet. The restaurant seats 140, the lounge seats 100, and the banquet hall seats 100. The lounge is separate from the rest of the business to allow smoking. The restaurant specializes in the best of steaks and seafood in a casual environment.
Restaurant is located on the main high traffic street/highway running through a good size pleasant community in the Acadiana region of Southwest Louisiana. The community is a great place to live and raise a family. There is plenty of affordable housing, good schools, and abundant outdoor recreational opportunities.
The seller will thoroughly train new owner on the recipes and operations of the business.
This restaurant is one of the best of the best. You have to come see it and taste the great food to fully appreciate it. After 34 years of ownership, the current owner is ready to move on and is motivated to sell. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see, enjoy the food, make offer.
Property Features and Assets:
8,200 square feet.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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