High Traffic Location Restaurant For Sale with Drive Thru

Asking Price$100,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$5,000
Included in asking price
FF&E$50,000
Included in asking price
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High Traffic Location Restaurant For Sale with Drive Thru


Asking Price$100,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$360,000

Inventory$5,000
Included in asking price
FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
Owner will do 50% down and seller finance the remaining portion. Owner super motivated to sell now. Landlord will allow new owner to assume the current lease if qualified.

Sunbelt Business Brokers of Baton Rouge presents this high traffic location restaurant for sale! Business is located on a heavy high traffic street near the LSU (Louisiana State University) campus. Location convenient for access by the LSU student body. It is also convenient for catering events at and around LSU. The drive thru alone brings in approximately 30% of gross sales. Leased space is approximately 2,400sqft and can seat approximately 40. Space could be rearranged to seat more customers with some remodeling to increase revenue. Restaurant has a great rating averaging close to 5 stars. Business is still growing and hasn’t reached its full potential yet. This could be an excellent owner operator opportunity for a young chef looking to branch out on their own.
Seller has other restaurant locations that he manages and can’t devote enough time to this particular location. Financials shown on listing are projections by owner based on operating volume as virus restrictions are ending. Seller is motivated to sell now and will consider some owner financing for a qualified buyer with a proper down payment. Come meet the owner, taste the highly rated food, be impressed and make offer!
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$4,400.00 per month
About the Sale
Seller Motivation
Other business interests
Transition Support
Available - Owner will seller finance with $50K down.
Listing Info
ID
1848209
Listing Views
1537

Contact Seller

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Business Listed by: Bob McFarland Sunbelt Business Brokers of Baton Rouge, New Orleans and The Florida P

Listing ID: 1848209 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.