Cajun Restaurant for Sale $245k take-home for Absentee owner
Profitable and Well-Established Cajun Restaurant for Sale with outstanding $245,000 Owner Benefit!
This 13 year-old Cajun seafood restaurant for sale is stellar: stellar food, stellar numbers, stellar track record. And a stellar price! $75,000 down would generate cash flow of over $170,000 per year, even after servicing the loan. That is an amazing return on investment.
This is the kind of restaurant for sale that the SBA loves to lend on! Now, also consider that the current owner no longer works in the restaurant. For $75,000 down, you can buy an incredible restaurant that will afford you both the lifestyle and income you desire. We Sell Restaurants can get you in touch with an SBA lender and have approval in a matter of days!
This Cajun restaurant for sale is the perfect place for a quick lunch or a relaxing dinner with family and friends. The menu offers a wide variety of delicious seafood and Cajun foods that will leave bellies full and hearts happy. After 13 years, the restaurant has perfected their offerings and the menu. The sign of a great place is when everyone has a different favorite!
This restaurant for sale has 1965 square feet and seats 62 customers. It has high visibility from the road, as it sits directly off a main thoroughfare in its part of Austin, a road carrying thousands of vehicles daily. The restaurant employs 6 full-time employees and 22 part-time employees. Rent including CAMS is an excellent $4,289 per month, and the current lease runs through May 31, 2026.
The asking price for this restaurant for sale is a very low multiple of sales, even more so for a restaurant with this much income. Why? The answer is simple: the owner has a larger opportunity in the restaurant world, but needs to sell this restaurant first.
What an incredible opportunity this creates! This is a well-run, well-managed restaurant for sale that has been successful for many years. They have both a loyal fan base and new customers, as the city around them continues to grow. This is an amazing opportunity!
Please click on the tab below to easily acknowledge confidentiality on this Profitable Cajun restaurant. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Dave Duce at 512-773-5272.
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- Listing#: 7616
- Price: $499000
- Location: Austin
- $245,000 to the Owner in 2019!
- Mostly absentee owner.
- Well established for over 12 years.
- Turn-key and ready for you to take over.
- Seller has another opportunity - make your offers now!
- Restaurant for Sale