Lounge / Bar With Restaurant
Location Louisiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $720000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 10 - 19
Inventory 10000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available.
Reason for Sale Retirement / other business interests.
Description 10 year old Lounge/Bar is an old South Baton Rouge hot spot. It has a large group of loyal repeat customers. Business also serves food primarily at lunch. Their luncheon specials are really, really good and they come with really large portions. The real money is in the liquor sales from the lounge/bar side of the business. A very heavy percentage of their sales are premium brand hard liquor.
Seller is very flexible in how a deal can be structured. He owns the real estate in another entity. The real estate can be bought also, or a lease/purchase or with an option of right of first refusal. Seller will consider seller financing the real estate.
Seller will thoroughly train a new owner. Seller is ready to retire and is highly motivated to sell. Seller will seriously consider and promptly respond to all reasonable offers. This is a real fun business. Come see this really fun business and make an offer. Contact for more information on this Lounge / Bar / Restaurant for sale.
Click Here To Contact Seller
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