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Steak & Seafood Restaurant For Sale
Location: United States -> Louisiana -> Winnsboro
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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...


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,000,000
Cash Flow:   $270,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $25,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other business interests




Print Listing Id: 700282715


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



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