Well Established Restaurant/Bar in Louisiana

Description

Established restaurant and bar for sale in Louisiana.

The business focuses on seafood, steaks and Louisiana-style dishes and operates from a visible location with regular weekday and weekend traffic.

Business details

• Annual gross revenue: more than $1.6 million
• Full-service restaurant and bar
• Seafood and steak-focused menu
• Multiple televisions in the bar area
• Existing staff and operating systems

The seller reports that the restaurant has received local awards for seafood and bar service and draws customers from nearby cities as well as the immediate area.

The dining room and bar operate under the same concept, with the bar also serving as a sports-viewing area.

The business is currently operating with an established team in place.

A buyer could review additional events, catering, private dining, expanded marketing or other changes to increase sales, depending on the current operating schedule and facility.

Buyers should verify historical financials, gross and net margins, sales by food and beverage category, payroll, lease or real estate terms, equipment ownership, employee retention, liquor license transfer requirements, food costs and any outstanding vendor or entertainment agreements during due diligence.