Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!
Business For Sale
CLASSIC RESTAURANT
Attn:
Bob McFarland
Feliciana's, LA, USA
|
Listing Number: "BatonLA0011155"
Print this
Listing
|
|
Asking Price: |
$95,000
USD USA Dollars
|
|
Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
|
|
Reason for Selling:
|
Personal Reasons |
|
Year Established:
|
1988 |
|
# of Employees:
|
3 Full Time, 5 Part Time |
|
Yearly Revenues:
|
$350,000 |
|
Yearly Cash Flow:
|
$40,000 |
Business for Sale Overview:
This 20 year old classic restaurant is an institution in its community. Restaurant is located in a city with a rich heritage. City is the hub for a major tourism industry driven by the very large number of Antebellum homes in the region.
Restaurant is in a large leased building of about 6,000 square feet. It seats 125 people. Lease rate is a very affordable $3,000 per month. Restaurant has very charming visual appeal both inside and out.
Community where the restaurant is located is a great place to live and raise a family. It has all the old southern charm of a historic town. The public school system is excellent. There is abundant, affordable housing, many with large or acreage lots. There are lots of outdoor sporting opportunities like hunting, fishing, hiking, camping, etc. Area is touted to have some of the best deer hunting in the nation.
Restaurant has a large loyal base of regular customers along with a number of tourist customers. Restaurant is eligible for 3 video poker gaming machines and the application for the machines is applied for. The machines should add nicely to net income.
Seller will thoroughly train new owner on this easy to own and operate business. Seller has some serious health issues and is highly motivated to sell. Seller has priced business very affordably to facilitate a quick sale. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see, be impressed, make offer. Hurry, somebody is going to get a good deal.
Property Features and Assets:
6,000 square feet
Additional Details:
- The property is leased.
- 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.
« Previous Results »
« New Search »
To contact the seller of this specific business for sale please complete and
submit the following form.
| Please provide any additional
details: |
|
* Indicates required field.