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All-Inclusive Sale Of Cajun & Seafood Restaurant For Sale

Texas
Asking Price:
$703,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$908,000 (USD)
Cash Flow:
$92,000 (USD)

Full-service quality restaurant specializes in classic southern style dishes, including their newly-added and vastly popular Cajun-flavored tacos, filled with shrimp, crawfish tails, blackened chicken and smoked shredded pork. Guaranteeing a touch of New Orleans to their very diverse seafood and variety of burgers, also provided are certified Angus Rib Eye Steaks, fresh grilled salmon, red snappers, oysters, charbroiled and on the half-shell. Located on a prime highway location, the 7,290-square foot facility features a dining area, commercial grade kitchen, compressed walk-in coolers, air conditioner, and office space; all equipment is up-to-date and in excellent condition. With a proven track record supported by experienced personnel and 27 years of ongoing business, marketing efforts focus on targeting its broad range of menu items towards individuals within Gregg County of Texas. Company continues to attract new clients, seating up to 14 meals a week and earning rankings in the area’s Top 5 travel-focused websites, as their large customer base and strong local reputation project a 30% growth and presents an easily-attainable profit opportunity for a strategic buyer. Total revenues for 2017 were of $908,381 with Seller’s Discretionary Earnings of $92,000, based off an independent evaluation!

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Lunch 11-2, Dinner 5-9

Employees:
19
Years established:
1992

Other Information

Support & training:

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

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$245,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price

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