Large Restaurant / Bar / Banquet Hall
Location Louisiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $750000
Net Profit / Cash Flow $135000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1953
Number of Employees 20 - 34
Inventory 100000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Available.
Reason for Sale Other business interest.
Description 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 sq ft. 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. Contact for more information on this Restaurant / Bar / Banquet Hall for sale.
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