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Famous And Historical Cajun Restaurant For Sale
Location Louisiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $675000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1938
Number of Employees 10 - 19
Inventory 28000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available
Reason for Sale Retirement
Description For nearly 75 years, this French/Cajun restaurant has been serving up BBQ, steaks, seafood and burgers, six days a week, for breakfast, lunch and dinner in a small but growing town in South Louisiana. Previously only a small cafe with great food and a reputation that drew crowds from far and near, this well-known icon was recently purchased by a man with the vision to expand in more ways than one. The physical appearance has changed dramatically with a new stucco exterior. Several rooms have been added to host large, semi-private parties and meetings, and therees even an upstairs apartment with a window overlooking the bar area - a quiet escape for the owners. Antique pine covers the soaring ceilings and beautifully crafted sportts bar where large flat-screen TVs and old fashioned jute boxes are located. More additions have been made to the kitchen and well organized storage areas, and there are plans underway for a drive-thru window and new oyster bar.
With almost no competition to speak of, this is without a doubt the best place to eat in town.. The updated restaurant now seats around 175, and therees even new seating out front. Limited parking is taken care of by a large leased parking lot directly across the street. New air conditioners and all new top-of-the-line kitchen equipment have been added, but the original cast iron cook stove is still used and proudly displayed.
Seller has spent over $800,000.00 so far on renovation alone, and is highly motivated to sell. Seller will finance 50% of the sale to a qualified buyer with a reasonable down payment. Seller will quickly respond to all offers. At this price, this listing wonnt last long. Come see the fine craftsmanship, sample the wonderful menu items, relax in the laid-back, friendly atmosphere, and enjoy the impeccable service.
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