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Business For Sale

CLASSIC RESTAURANT

Attn: Bob McFarland
Feliciana's, LA, USA
Listing Number: "BatonLA0011155"
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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.

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