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Restaurant / Grill For Sale
Location Louisiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1072000
Net Profit / Cash Flow $233000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 10 - 19
Inventory $95000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Available.
Reason for Sale Retirement.
Description After nearly 10 years of success, this large and prosperous Chinese restaurant / hibachi grill / sushi bar remains a popular choice for casual dining in Lafayette, Louisiana. Restaurant serves traditional chinese food buffet style, as well as fresh sushi from the separate sushi bar. There is also a large hibachi grill area where patrons can watch their food being prepared in front of them while enjoying the talents of the well trained staff. Facility is quite impressive and located in a fairly new and upscale shopping center. High ceilings add to the expansive atmosphere, with seating to accommodate over 300 customers in approximately 5,100 sq ft. Of leased area.
Restaurant is found at the busy intersection of two high traffic 4 lane highways. Restaurant is easily accessible and highly visible from the road with plenty of parking for its large amount of customers. Business is located in a very densely populated area, and is in the immediate vicinity to a number of retail and commercial enterprises providing a steady stream of customers throughout the day for lunch and dinner. Lafayette is a very high growth area with an affluent population and all the amenities of a major metropolitan city.
Seller is ready for retirement and wishes to sell their well-established restaurant. Seller is highly motivated and will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see why this chinese restaurant is so highly regarded, taste the delicious food, enjoy the friendly service, make an offer. Contact for more information on this restaurant / grill for sale.
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