Restaurant in a Booming region

Franklin County, Louisiana, ID 284086

Restaurant in a Booming region 1
Restaurant in a Booming region 1
Asking price:
On request
Owner
Private Person

Сontact with me Private Person

Description

Family-run restaurant for sale in North Louisiana. The business opened in 2020 and sits along the frontage of a busy highway.

The restaurant has a main dining room with seating for about 48, a small bar, party room, outdoor seating and a drive-through window.

Food and kitchen setup

  • Louisiana seafood and seasonal crawfish
  • Shrimp and crab boils
  • Catfish, étouffée and gumbo
  • Po'boys, burgers and steaks
  • Breakfast
  • Proprietary seasoning blends
  • Separate outdoor boil room and kitchen

The seller reports strong dine-in traffic and says this is currently the only full-service restaurant in the immediate town.

A national convenience store operates next door, with additional quick-service restaurants nearby. The property has easy vehicle access from the highway.

The listing also points to the large Meta data center project under construction less than 30 minutes away. The seller expects the project to bring additional workers and economic activity to the region. Buyers should independently confirm current construction timelines, employment estimates and any likely effect on restaurant sales or local property values.

The current concept can be continued, or the building may potentially support another restaurant concept, subject to lease terms, zoning and permits.

The business has received positive customer feedback for its seafood, crawfish, steaks, catfish and service.

Seller financing

  • Purchase price: $975,000
  • Down payment: 20%
  • Remaining balance: seller financing may be available to qualified buyers
  • Proposed financing term: 36 months using a 20-year amortization schedule
  • Proposed 36-month absolute net lease: $4,000 per month

The financing and lease structure should be confirmed carefully, including whether the real estate is included in the purchase or retained by the seller and leased separately.

Seller financing will be considered for buyers with strong credit and acceptable financial qualifications.

Additional financial and operating information is available after signing a confidentiality agreement.

Buyers should verify historical financials, food and labor costs, liquor licensing if applicable, equipment ownership, property or lease terms, drive-through rights, employee retention, seller-financing documents and the exact assets included in the $975,000 transaction during due diligence.

Details

Real Estate: Real Estate Included
Reason for selling: Relocation
Support from seller: Consultancy available
Square m2: 1676

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