Exceptional Opp!—Top Restaurant Concept With Massive Customer Loyalty

Description

Cajun restaurant for sale in Lafayette, Louisiana, with reported annual revenue of approximately $2.9 million and owner cash flow of more than $695,000.

The seller states that cash flow has increased by more than 20% year over year.

Business profile

• Annual revenue: approximately $2.9 million
• Reported owner cash flow / SDE: more than $695,000
• Year-over-year SDE growth: more than 20%, according to the seller
• Full-service Cajun restaurant
• Mostly absentee ownership
• Management and operating systems already in place

The restaurant operates along a busy Lafayette retail corridor. The current owner is not required to work regularly in the kitchen or handle all day-to-day operations personally.

The business also has a social media audience numbering in the tens of thousands and has received national media coverage. Buyers should confirm current follower counts, engagement and the extent to which these channels contribute to sales.

The listing states that the business has been pre-qualified for SBA financing. Final financing remains subject to lender and SBA approval.

The seller may also consider partial seller financing for a qualified buyer, depending on the final transaction terms.

Additional financial statements and confidential business information are available after signing an NDA.

Buyers should verify historical revenue, the calculation of SDE, the reported 20% annual growth, owner involvement, management payroll, food and labor costs, lease terms, equipment ownership, employee retention, social media ownership and any outstanding vendor or financing obligations during due diligence.