Master Chef ( established restaurant for sale)

Business Opportunity for Sale
Master Chef ( established restaurant for sale)
Catylist Listing ID: 30771222
Property Subtypes: Food and Beverage
Building Size (RSF): 2,791 SF
Sale Price: $850,000
In Opportunity Zone? Yes
Name of Establishment: Master Chef
Year Business Established: 2010
Gross Revenue: $1,700,000 (Annual)
Cash Flow: $88,000 (Annual)
Cash Flow Type: EBITDA
Sale Terms: cash to seller
Last Updated: 1/14/2022

Overview / Comments

Established Restaurant in the heart of Amite city. Owner is selling the business.

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $650,000
Real Estate Lease Description: $6,000 per month NNN
Employee/Labor Description: great employee retention.
Mgmt/Training Support Description: owner will stay on to train
Competition/Market Description: unique full service restaurant with drive through
Growth/Expansion Opportunities: possible franchise oppurtunity
Seller Financing Description: open to owner finance

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,575 15,158
Median Age: 35.4 34.82
Households: 2,202 5,369
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