Recently Renovated and Growing Upscale Steak & Seafood Restaurant

Northeast, Louisiana

Asking Price: $1,350,000
Cash Flow: $170,000

Business Details

Gross Revenue: $1,000,000
Inventory: $20,000
Real Estate Included: yes
FF&E: $75,000
Seller Financing: none
Franchise: no

Business Description

Sunbelt Business Brokers present the opportunity to acquire one of the finest family owned and operated steak and seafood restaurants in Northeast Louisiana.  Packed-in crowds, upscale bar and dine-in seating, delicious up-scale menu items, and ambience unlike anything else in the region are descriptions that will come to mind when visiting this local gem.  This restaurant needs nothing as it was completely renovated in 2016 to provide innovative design and function in the kitchen, bar, and serving areas.  The fresh daily menu items are unique and limited to ensure consistency and speed of delivery from kitchen to table.  Smiles on the local and regional customers faces attest to the success of this formula.  That and this year’s projected revenue of $1,000,000, while being open limited days of the week, make this high margin steak and seafood business a true turnkey operation for a new owner.  Sales have continued to grow since the 2016 renovation, and the opportunity for continued growth is certainly at hand.  There are, of course, other restaurants and competitors in the area, but this one’s setting and unique take on food make it stand out among the crowd as the area’s premier destination for a wonderful lunch or a night out on the town.  A new owner with a passion for success will take charge of this incredible business with five (5) full-time and eight (8) part-time well trained and capable employees at their side.  The real estate which will be included in the sale of this business and an exceptional menu that sets this restaurant apart from anything in the region are best seen to appreciated. The beautifully designed exterior is very inviting and the 4,500 square foot building will accommodate 110 hungry customers.  It all sits on approximately 1.5 acres of land that has ample parking, which is more often than not, needed to accommodate the incoming patrons.  The current owner is ready to provide training and transition to the new owner and will transfer recipes as well as other knowledge needed after the sale.  This turnkey restaurant including real estate with an annual cash flow of $170,000 is marketed for $1,350,000.  If you have always dreamed of owning a successful restaurant of your own, sign a confidentiality agreement and jump on this great opportunity today. Contact Gary D. Robinson, Sunbelt Business Broker, at 318-435-9714, 318-614-4101 or gary@sunbeltbuysell.com for more information about this “Great Steak and Seafood Restaurant”.

Addtional Information

Reason for Sale: Moving onto other opportunities

Year Established: 1980
Leased: no
Willing to Train: yes
Year Acquired: 2016
Home Based: no
Distressed no

Listing Broker

wavatar
Gary Robinson
Broker/Agent
(318) 614-4101
Gary’s vast knowledge and experience with a variety of real and personal property brings a wealth of knowledge to Sunbelt clients to assist in the buy/sell process, the marketing of their business, and the due diligence process. His broad knowledge and diverse hands-on experience, in the areas of sales, marketing, finance, management and operations, as well as with branding, technology, business planning, funding and business start-up, growth and development in various industries is a significant asset to clients. Contact Gary by emailing him at gary@sunbeltbuysell.com
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