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Business For Sale Listing 152584

Large Restaurant / Bar / Banquet Hall

Status as of Dec-4-2008 at 06:00 PM: Active

Business Summary

An institution in its community, this 55 year old restaurant, lounge, and banquet hall has a large, loyal base of repeat customers that have been eating there for generations. The real estate is included in the sale. The building is about 8200 sq ft. The restaurant seats 140, the lounge seats 100, and the banquet hall seats 100. The lounge is separate from the rest of the business to allow smoking. The restaurant specializes in the best of steaks and seafood in a casual environment.
Restaurant is located on the main high traffic street/highway running through a good size pleasant community in the Acadiana region of Southwest Louisiana. The community is a great place to live and raise a family. There is plenty of affordable housing, good schools, and abundant outdoor recreational opportunities.
The seller will thoroughly train new owner on the recipes and operations of the business.
This restaurant is one of the best of the best. You have to come see it and taste the great food to fully appreciate it. After 34 years of ownership, the current owner is ready to move on and is motivated to sell. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see, enjoy the food, make offer.


Categories

Industry: Accommodation & Food Services Businesses For Sale
Restaurants For Sale
Location: Louisiana Businesses For Sale
Midsouth Businesses For Sale
United States Businesses For Sale
Other: Business Opportunities
Business Opportunity Leads
Very Small Businesses For Sale

Industry

Sector: Accommodation & Food Services
Industry: Restaurants

Location

Classification: United States // Midsouth States // Louisiana
Location: Acadiana Region

Financials

Sales: Between $500 Thousand And $1 Million   ($750,000)
Profits: Between $100 Thousand and $500 Thousand   ($135,000)
Profit Type: Cash Flow
Asking Price: Between $500 Thousand and $1 Million   ($740,000)
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