Restaurant For Sale in Lafayette

Lafayette, LA (Lafayette County)

Seller Financing Available
Restaurant For Sale in Lafayette

Asking Price:$120,000

Cash Flow:$60,000

Gross Revenue:$600,000

EBITDA:N/A

FF&E:$80,000

Inventory:$6,000

Established:2002

Restaurant For Sale in Lafayette

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Business Description

This successful restaurant business for sale in Lafayette, Louisiana has
been in operation for over a decade. Located on one of the busiest
streets in town restaurant has developed a loyal and repeat customer
base. Restaurant occupies a large leased space of approximately
3,200sqft and can seat approximately 100 people. Business has strong
sales numbers and a large amount of furniture, fixtures and equipment
that will go with the sale worth an approximate value of $80K.

The metro Lafayette, Louisiana region is a great place to live, work, and
raise a family. The economy is booming as Lafayette is the epicenter of
the booming oil and gas industry in south Louisiana. The area has plenty
of affordable housing. Lafayette is a home to the University of Louisiana
Lafayette, a major university with a top notch athletic program. Lafayette
is in the heart of Cajun country an area were the residents are
exceptionally friendly and love to have a good time. Outdoor recreational
activities like hunting, fishing, boating, golfing, hiking, etc. abound.

Owner has decided to sell to pursue other interests. Seller will help
transition and train new owner on this easy to own and operate business.
Owner will consider some seller financing for qualified buyer with a
$65K down payment. Contact us today for more information on this
successful restaurant business for sale, come meet the owner, taste the
great food, make offer!

Detailed Information

Inventory:
Included in asking price
Employees:
5 FT 11 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
55000.00
Reason for Selling:
Relocate out of area.

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Don Pippin Jr, CMSBB

Business Listed By:
Don Pippin Jr, CMSBB

Sunbelt Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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