Business For Sale

Recently Renovated and Growing Upscale Steak & ...

Northeast, LA


Asking Price: Annual Revenue:
$1,350,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Recently Renovated and Growing Upscale Steak & ... Broker: Gary Robinson
Owner Financing is Available!

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $270,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 13
BBN Listing #: 784051749
Broker Reference #: BATONLA001-N3059

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Business Overview:

Sunbelt Business Brokers of Northeast Louisiana present the opportunity to acquire one of the finest family owned and operated steak and seafood restaurants in Northeast Louisiana. Packed-in crowds, upscale bar and dine-in seating, delicious up-scale menu items, and ambience unlike anything else in the region are descriptions that will come to mind when visiting this local gem of a business for sale. This restaurant needs nothing as it was completely renovated in 2016 to provide innovative design and function in the kitchen, bar, and serving areas. The fresh daily menu items are unique and limited to ensure consistency and speed of delivery from kitchen to table. Smiles on the local and regional customers faces attest to the success of this formula. That and this year’s projected revenue of $1,000,000, while being open limited days of the week, make this high margin steak and seafood business a true turnkey operation for a new owner. Sales have continued to grow since the 2016 renovation, and the opportunity for continued growth is certainly at hand. There are, of course, other restaurants and competitors in the area, but this one’s setting and unique take on food make it stand out among the crowd as the area’s premier destination for a wonderful lunch or a night out on the town. A new owner with a passion for success will take charge of this incredible business with five (5) full-time and eight (8) part-time well trained and capable employees at their side. The real estate which will be included in the sale of this business. The exceptional menu that sets this restaurant apart from anything in the region are best seen to be appreciated. The beautifully designed exterior is very inviting and the 4,500 square foot building will accommodate 110 hungry customers. It all sits on approximately 1.5 acres of land that has ample parking, which is more often than not, needed to accommodate the incoming patrons. The current owner is ready to provide training and transition to the new owner and will transfer recipes as well as other knowledge needed after the sale. This turnkey restaurant including real estate with an annual cash flow of $170,000 is marketed for $1,350,000. If you have always dreamed of owning a successful restaurant of your own, come meet the owner, taste the great food and sign a confidentiality agreement to jump on this great opportunity today.

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Reason for Selling:

Other Business Interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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