Thriving Restaurant For Sale

Business Opportunity for Sale
Catylist Listing ID: 30259023
Property Subtypes: Food and Beverage
Building Size (RSF): 6,470 SF
Sale Price: $1,500,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/20/2019

Overview / Comments

Restaurant or REDEVELOPMENT Opportunity with traffic coming from a Walmart Super Center that is instant with this location. A MUST for any thriving business, this restaurant sits on a Super Walmart out parcel that has traffic passing in front of it all day long as well as great frontage on Pinhook Road with a light at a busy intersection. A quick signing of a confidentiality agreement and you can have all of the infor at your fingertips. FF&E is included in purchase price. Owner is looking to retire even with business being good. New widening (4 lane) of Verot School Road is driving even more traffic through this intersection. Located on four lane state highway (traffic count - 30,000 V.P.D.).

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Industry Segment: Restaurants
Reason for Selling: Owner wants to retire
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,102 55,361 140,942
Median Age: 31.73 35.69 34.47
Households: 2,564 23,471 56,807

Contact

Photograph of Listing Agent

Robert Crouchet

NAI/Latter & Blum Commmercial Lafayette Lafayette, LA 70503
LACDB Member
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