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All-Inclusive Sale of Cajun & Seafood Restaurant! (37539)

RestaurantsFor Sale in TX

Listing ID: All-Inclusive Sale of Cajun & Seafood Restaurant! (37539) | Broker Listing ID:

Financial & Assets Details

$9,080,000
$92,000
$245,000
$10,000
Yes
$240,000
7,290+/-

About the Business

Yes
1992
19 nonunion.
Yes

Business Description

This full-service restaurant specializes in classic southern & New Orleans Style dishes including Certified Angus Rib eye Steaks, grilled and blackened chicken, grilled fresh saltwater fish like salmon, redfish, red snapper, oysters, charbroiled and on the half-shell, and other Cajun dishes. Included in the asking price, the 7,290-square foot facility includes a dining area, commercial grade kitchen, walk-in coolers with new compressors, a new air conditioner, and office space. Located off of a highway, the owner keeps the facility and equipment up-to-date and in good condition. The company has a proven track record, supported by experienced personnel, 25+ years of ongoing business and rankings in the top 5 for the area on travel focused websites. With its broad range of menu items, marketing efforts focus on targeting individuals and commercial enterprises within Gregg County, Texas. Due to current owners’ personal reasons the restaurant is currently only open for 9 meals a week. With 14 meals a week, a 30% growth is expected to come easily to the new owner. Last year, total revenues were $908,381 with Seller’s Discretionary Earnings of $92,000. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Property comes included within the Asking Price!

Support & Training

The owner will be available as needed for a standard transitioning period.

Reason for Selling:

Approaching retirement.

Listing ID: All-Inclusive Sale of Cajun & Seafood Restaurant! (37539)

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