Restaurant & Bar in Affluent College town

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Restaurant & Bar in Affluent College town

Lincoln County, LA

Asking Price:

$499,000

Cash Flow:

N/A

Gross Revenue:

$1,296,546

Inventory:

Included in asking price

EBITDA:

N/A

Rent:

$10,416

FF&E:

$214,584

Established:

2015

Business Description:

Benchmark Business Brokers presents a restaurant & bar concept that has been serving guests for years. This restaurant is popular and located in a growing area with a major University within 2 miles. The University and town are growing and offer great community support.

Although the current brand is exceeding a million+ dollars in annual sales, the free-standing facility could be easily re-branded into an Asian, Thai or Indian food restaurant. There are no full-service Asian, Thai or Indian food restaurants in this town.

Please Note: Total cost to acquire will fluctuate as inventory levels are increased and depleted through the course of normal business operations. Gross Revenue reported above is for the time period January – November 30, 2022.

Multiple restaurant investors, small privately held companies and experienced operators should take a look at this opportunity.

More information will be provided once potential prospects have executed a standard confidentiality agreement.

Marc L. Able is licensed by the Louisiana Real Estate Commission.
Agent is sponsored by Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291. (318) 362-0007
Licensed in Louisiana.
Each office is independently owned and operated.

Detailed Information:

Inventory:

Included in asking price

Real Estate:

Leased

Building SF:

5,000

Lease Expiration:

N/A

Employees:

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

A 5,000 +/- square foot free-standing building with a beautiful, well-designed dining room and bar. The interior features dark wood and brick with colorful accents. There is a well-maintained bar with outside seating.

Competition:

Sales have steadily recovered since the pandemic and are now approaching $1.4m. This location is in a busy trade area on a high traffic highway surrounded by banks, dealerships and high-end apartments. A major interstate exit ramp is within sight of this location.

Growth & Expansion:

As the city continues to expand in the direction of this restaurant, traffic and sales will increase. Seasoned operators and/or a new concept, would greatly benefit this business.

Support & Training:

Seller will train on-site for up to 30 days.

Reason for Selling:

N/A

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