Fabulous Italian Restaurant

Not Disclosed, LA
Lafayette Parish

North Lafayette Parish

Asking Price: Annual Revenue:
$150,000 $770,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fabulous Italian Restaurant Broker: David Kellenberger
License #: 30473

Quick Facts

Asking Price: $150,000
Annual Revenue: $770,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 12
BBN Listing #: 899529905
Broker Reference #: Italian

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Business Overview:

Huge price reduction on this great restaurant!! LaPizzeria in Carencro!! This restaurant is one of the nicest in the parish with social media reputations among the top in the state with 4+ and 5 ratings. All new build-out and equipment and furnishings in 2018. The proximity to the Amazon fullfilment center under construction and the 1000+ employees to be there should boost sales another 30-40%. Space buildout and equipment cost well over twice the asking price but wife needs to be home with the children so seller has priced for quick sale. Sale includes all furniture, recipes, equipment, website, sell-trained staff, and inventory. Turn-key for new owner.

Currently Italian, Pizza, bar focus but easily converted to Mexican or other should a buyer desire. But great reputation and food should work as current menu. Covid has taken a bite out of the sales and earnings, but as noted seller expects a huge increase over the next year. Also offer catering and delivery which will be great when Amazon opens...

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Property Features and Assets:

Beautiful new building. Approx 3800 square feet plus patio. 7 years remains on the lease. All new FF&E. Booths, tables, bar area, patio, great kitchen.

Market Competition and Expansion:

Finest restaurant with highest ratings in the area.

Reason for Selling:

Time with Children.

Additional Details:

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

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