Restaurant And Sports Bar

Location: United States -> Louisiana -> Lake Charles
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

20 year old icon restaurant for sale is well known regionally for its Cajun food. Business sits just off interstate I-10. It is visible from both the interstate and from a major high traffic Louisiana highway. Sale includes real estate consisting of a lot about 172 feet by 286 feet. The restaurant building is about 7,362 sq ft. Seller has converted a space within the building into a sports bar. Seller will thoroughly train new owner on this easy to own and operate business. Seller will also share and train new owner on the prize recipes that make the food so good and so popular. Seller is motivated to sell and is open to offers. Seller will consider seller financing to a qualified buyer with a reasonable down payment. Seller will seriously consider and promptly respond to all reasonable offers. Come see this exemplary restaurant / sports bar, meet the owner, make offer.

Financials

Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $1,150,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $520,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  20 – 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Available.
Reason For Selling:  Personal.