Sound Investment in a Profitable Restaurant

Business Summary:
Very popular bar and grill with revenue well in excess of $800,000. Property has a full catering kitchen with private access, a full kitchen for the restaurant, comfortable bar and patio. There is a smaller building outside for storage and catering equipment.Restaurant seats 108 people total. Restaurant has a very spacious deck with a built-in buffet table, TV and sound system. Bar area seats 34 with 12 bar stools and the dining area seats 40.Restaurant has a brisk, in-house business but also has some major institutional catering accounts. The facility is a 6000+/- square foot, free standing building with dining area, bar, patio, 2 kitchens and an outside crawfish boiling/catering area. Facility was remodeled 3 years ago. The business has been open 10 years with current owner in place for more than 3 years.The real estate is included in the price. The owner will also entertain lease to own or other financing options.This is a great situation to get into an established, popular, business backed by real estate in a busy, high-traffic area.Investors could purchase the property at a discount and lease back to an established restaurateur, professional manager or Chef. Owner is highly motivated to retire. Bring all reasonable offers.