Popular Neighborhood Restaurant

Monroe, LA

Seller Financing Available

Well-established Chef inspired restaurant.
Asking Price:$115,000
Rent:$2,650/Month
Established Year:2015
Inventory:$5,000
FF&E:$80,000
BUSINESS DESCRIPTION

Benchmark Business Brokers presents a well-established restaurant that is a favorite for locals and the business community. Previously, for more than a decade, this location was a very popular and successful bar. The bar was retrofitted adding a small but full kitchen. The space could be easily reverted back to a nice bar, pub or lounge offering bar type foods, smaller plates or no food at all. Restaurant has an outdoor patio and crawfish operation.

Fully equipped, 3470 square foot, free-standing restaurant with nice bar. This restaurant opened in 2015 and has enjoyed great success. The owner/chef designed the menu centered around eclectic, fresh offerings ranging from steaks, shrimp, seared tuna and duck to many other Southern "staples" like fried okra, grits and handmade remoulade sauce.

Although the concept has been proven to work well in the region and enjoys local popularity, a new owner could utilize the equipment, friendly lease agreement and goodwill to re-brand.

This restaurant focuses on food items that are made "by hand" and "in-house". You cannot get any fresher menu items than here.

The full bar inside the restaurant offers a wine list featuring "hand-picked" wines, domestic and craft beers and premium spirits.

See what some of the guests said about this restaurant recently.

“GREAT local food prepared well and served hot. Never had a bad meal here. Locally owned! We eat here often and recommend it to all our friends.”

“Cozy atmosphere? Creative cuisine? Great food”

“Fantastic food! Loved the cozy atmosphere and service was phenomenal. We will be back for sure!”

"We dined tonight and enjoyed crab cakes with loads of crab--not breadcrumbs--shrimp and polenta (grits), and creme brulee. All exceptional--actually, outstanding food and waitress who was professional and very attentive. Can't wait to return!"

“Excellent Food! Great service!”

Owner may finance a portion of the asking price to a buyer with exceptional credit.

Serious inquiries please reply here with your name, contact number and email address. We won't respond without all three.

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
Monroe, LA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,407
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant is a 3,470+/- square foot stand-alone building in a busy area. In 2021 the owners remodeled the restaurant adding an outdoor, covered patio seating area to sell crawfish during the season.
Competition
The restaurants that "survived" the pandemic are stronger than ever. This restaurant came through the pandemic and is now busier due to some restaurants in the market closing.
Growth & Expansion
This restaurant has a big on-site catering program. More off-premises catering would increase sales as well as opening on Sundays for a brunch.
Financing
Seller may finance a portion of the asking price to a Buyer with exceptional credit.
Support & Training
Sellers will train hands-on for up to 30 days.
Reason for Selling
Other interests
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Marc
L. Able
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Marc L. Able