Popular & Profitable Restaurant with Real Estate

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Popular & Profitable Restaurant with Real Estate

Franklin County, LA

Asking Price:

$950,000

Cash Flow:

$170,000

Gross Revenue:

$1,066,301

Inventory:

Included in asking price

EBITDA:

N/A

Real Estate:

Owned - Included in asking price

FF&E:

$125,000

Established:

1980

Business Description:

Benchmark Business Brokers presents a fun, popular restaurant with growth opportunities. Steaks, authentic made-from-scratch, Louisiana seafood are this restaurant’s specialties.

More information will be provided after prospective buyers complete 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:

Owned - Included in asking price

Building SF:

5,000

Employees:

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

Included in asking price

Facilities:

Restaurant and bar were recently renovated and are beautiful, with real wood throughout, heavy flooring and well-built tables, chairs, bar stools and bar. There is an apartment above the restaurant that could house a new owner or the General Manager.

Competition:

This is the “nicest” place of its kind in the area. High check average, alcohol license with fast feeders being the only competition.

Growth & Expansion:

Expand hours of operations, catering, increasing bar sales. Business is reporting more than $1mm / year only open 30 hours per week.

Support & Training:

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

Reason for Selling:

Retirement

Franchise:

N/A

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