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For Sale - Eloquent Large Restaurant
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1400000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 20 - 34
Inventory 270000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Available
Reason for Sale Relocation
Description This truly eloquent restaurant business for sale is just 8 years old. The building was completely refurbished, remodeled, and enlarged just 3 years ago. It presents exceptionally well. This large restaurant currently seats around 200 patrons. Restaurant has a large base of loyal repeat customers that love the cuisine.
Real estate can be included in the sale. The real estate consists of a prestigious freestanding building of over 8,000 sq ft on a large lot that has interstate frontage and is just off a very high traffic major interstate interchange. Vehicle traffic by the restaurant exceeds 145,000 cars per day. This section of the interstate carries approximately 60% of all travelers going between the Southeast Region of the United States and the Southwest Region of the U.S. Seller would consider selling just the business with a lease or lease purchase on the real estate. Restaurant could easily be a candidate for rebranding by a national restaurant chain.
Seller will thoroughly train the new owner on this very exciting and fun business. There is a very well trained management staff that is in place and would be willing to stay if wanted.
Seller is relocating and is highly motivated to sell. Seller will seriously consider and promptly respond to all substantive offers.
Restaurants of this size, stature, and with a killer location are very hard to find. Come visit, meet the owner, taste the great food, and make an offer before it's gone.
Click Here To Contact Seller
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