Owner will do 50% down and seller finance the remaining portion. Owner super motivated to sell now. Landlord will allow new owner to assume the current lease if qualified.
Sunbelt Business Brokers of Baton Rouge presents this high traffic location restaurant for sale! Business is located on a heavy high traffic street near the LSU (Louisiana State University) campus. Location convenient for access by the LSU student body. It is also convenient for catering events at and around LSU. The drive thru alone brings in approximately 30% of gross sales. Leased space is approximately 2,400sqft and can seat approximately 40. Space could be rearranged to seat more customers with some remodeling to increase revenue. Restaurant has a great rating averaging close to 5 stars. Business is still growing and hasn't reached its full potential yet. This could be an excellent owner operator opportunity for a young chef looking to branch out on their own.
Seller has other restaurant locations that he manages and can't devote enough time to this particular location. Financials shown on listing are projections by owner based on operating volume as virus restrictions are ending. Seller is motivated to sell now and will consider some owner financing for a qualified buyer with a proper down payment. Come meet the owner, taste the highly rated food, be impressed and make offer!
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: NEGOTIABLE
