Popular and Well-Established Restaurant & Bar

Ouachita County, LA
Beautiful, well-designed building with outdoor seating areas.
Asking Price:$325,000
Inventory:$16,232
FF&E:$295,294
Gross Revenue:$1,382,000
Rent:$9,000/Month
Established Year:2007
BUSINESS DESCRIPTION

Benchmark Business Brokers presents a restaurant & bar concept that has been serving guests for well more than a decade. This restaurant is popular and located in a growing area with a major University within 2 miles. The University and town are growing and offer great community support.

The free-standing facility could be easily re-branded into an Asian, Thai or Indian food restaurant. There are no full-service Asian or Thai restaurants in this town.

The 3-year average sales are $1,382,653. Inventory is estimated to be in the $16,000 range but will fluctuate due to the normal course of business operations.

Please Note: This is a lease. This popular restaurant has leased this building for more than 15 years. The owner is selling due to moving out of state.

Multiple restaurant investors, small privately held companies and experienced operators should take a look at this opportunity.

More information will be provided once potential prospects have executed a standard confidentiality agreement.

Marc L. Able is licensed by the Louisiana Real Estate Commission.
Broker - Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291
Licensed in Louisiana.
Each office is independently owned and operated.


DETAILED INFORMATION
Location
Ouachita County, LA
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,100
Employees
37
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
A 4,100 +/- square foot free-standing building with a beautiful, well-designed dining room and bar. The interior features dark wood and brick with colorful accents. There is a well-maintained bar with outside seating.
Competition
Sales have steadily recovered since the pandemic and has a three-year average of $1,382,000. This location is in a busy trade area surrounded by banks, dealerships and high-end neighborhoods.
Growth & Expansion
As the city continues to expand in the direction of this restaurant, traffic and sales will increase. Seasoned operators and/or a new concept, would greatly benefit this business.
Support & Training
Seller will train on-site for up to 30 days.
Reason for Selling
Owner is moving out of state to be with family.
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Marc
L. Able
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Marc L. Able