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Business For Sale
VERY LARGE RESTAURANT / BANQUET HALL
Attn:
Art Chauvin
Baton Rouge Suburb, LA, USA
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Listing Number: "BatonLA0011150"
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Listing
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Asking Price: |
$459,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other Business Interest |
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Year Established:
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1916 |
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Yearly Revenues:
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$900,000 |
Business for Sale Overview:
Located in a historical district, this business has been an institution for 92 years. Business is currently closed, but when open had annual sales in the $900,000 range. Seller is offering this grand institution for about the value of the real estate. Real estate includes land and a building of about 10,000 square feet. Restaurant seats 250. All furniture, fixtures, and equipment are in place.
Business is located in a nice suburb community just a short drive and a short distance from Baton Rouge, La. Area has been showing solid growth, in both industry and population. A new hotel was recently opened nearby. Business is located in a grand historic district. It has great visibility from the main, very high traffic highway that passes through the town. Prior to closing, business had a large base of customers that absolutely loved the food. Families have eaten here for generations.
Seller is motivated to sell and will train new owner on this very easy to own and operate business. Seller will also assist in reopening of the business. Seller is open to offers. Seller will seriously consider and promptly respond to all reasonable offers. Somebody is going to get a really good deal on a truly fine establishment. Come see, be impressed, make offer.
Property Features and Assets:
10,000 square feet
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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