Price Reduced - Semi-Absentee, Long-Standing Se...

Confidential, LA

Asking Price: Annual Revenue:
$500,000 $5,555,601

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Reduced - Semi-Absentee, Long-Standing Se... Broker: David Moreau

Quick Facts

Asking Price: $500,000
Annual Revenue: $5,555,601
Net Profit: Not Disclosed
Cash Flow: $79,792
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: 14
BBN Listing #: 145452181
Broker Reference #: BATONLA001-N3119

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Business Overview:

Sunbelt Business Brokers of Alexandria presents an opportunity to purchase a semi-absentee restaurant business for sale with 40+ years of serving some of the best seafood in the area. Business has outstanding name recognition. The superior food quality is known throughout the area. Customers have been frequenting this same location for many, many years. These are just some of the reasons to find out more about this business. New and existing customers are treated to an excellent experience with menu items that are simply considered part of the Louisiana way of life. This business is located on a very busy highway and where customers are greeted with an aesthetically pleasing storefront and ample parking. The 2,400 square foot restaurant seats approximately 90 and has been decorated reminiscent of Louisiana rural life. This restaurant and building is located on a little more than half an acre of land and includes a portable building. All of the real estate is included in the asking price. The acquisition of this business will also include two walk-in coolers and a walk-in freezer, providing ample storage for inventory. Five fryers keep the food coming throughout the restaurants busy times and an industrial vent hood pulls the smell of delicious cooking outside, to meet incoming diners. There is very little direct local competition. Patrons drive from the surrounding urban areas contributing to the success and longevity of this business. The restaurant is staffed with employees that are experienced and can help ease the burdens of transition to new ownership. The restaurant can be run absentee, semi-absentee, or with the new owner at the helm every day. With a manager in place, the current owner spends 4-6 hours a week at the restaurant. Without a manager in place, the current owner spends 10-12 hours a week helping keep operations running smoothly. Full time ownership, catering, and opening on Sunday are a few of the opportunities that could be pursued by the new owner to increase revenues. Opening on Sunday could pull in after-church crowds ready to relax in this family friendly environment. Increasing the restaurant’s visibility on social networking, which is in place but not maintained, could increase volume. The seller is willing to provide training and some owner financing to a qualified buyer. Whether you are looking for investment property or want to buy yourself a full-time job you are passionate about, this restaurant is a great venture for the inspiring or experienced entrepreneur. Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract David Moreau directly for more information.

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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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