World Class Restaurant

Louisiana

Business Summary: Named one of the “15 Restaurants You Have To Visit In Louisiana Before You Die" http://www.onlyinyourstate.com/louisiana/best-restaraunts-la/Very popular and profitable restaurant for sale that specializes in premium, hand-cut, steaks, fresh fish, grilled oysters and other seafood. This restaurant leases approximately 4,500 square feet and has a private banquet room that seats up to 50 comfortably with audio visual set up.Restaurant also features an outdoor, exhibition grill and upper scale, covered, patio with TV and sound system.An elegant, but casual, bar with working fireplace and table seating for 24 is also a very popular feature of this restaurant.Several Award Winning Chefs have gotten their start at this restaurant including one named the “Louisiana Seafood King” by the Louisiana Department of Tourism. This restaurant is fully staffed with approximately 38-42 employees, including an Executive Chef.This is a perfect situation for an Executive Chef or professional manager to acquire and establish their own business. This is a great investment opportunity and because of its popularity would be able to receive a bank loan or other types of funding.Owner is selling his entire portfolio of restaurants and other business investments in order to retire.
Year Business was Established: 2006
Number of Employees: 38-42 Including an Execut
Facilities / Terms of Lease: Very favorable Lease Agreement for a 4,500 +/- square foot, free standing restaurant in the heart of a busy business district. This restaurant has very good parking and exposure/visability on a major street. Upper-end neighborhoods, schools and professional office parks are all within 1 mile.
Potential Growth/Expansion: Current (passive) owner invested in this restaurant 10 years ago and is now retiring from a portfolio of businesses. Current owner pays more than $100,000 to management annually that could be paid to a new owner who "participates" in the business
Competition: Restaurant was named one of the “15 Restaurants You Have To Visit In Louisiana Before You Die". There are few restaurants in the area as unique as this one.
Owner willing to finance: No
Owner willing to train: Yes up to 30 Days
Reason for selling: Owner is retiring from multiple businesses.