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Cajun Bar & Grill
Caribbean/Cajun/Creole Restaurant & Bar - Located in a strip shopping center near NRG Stadium and the medical center. Menu includes curry chicken, jerk chicken, curry goat, oxtail, brown stew, boudin balls, fish & shrimp, and other tasty items. The facilities has a large dining room and bar area that seats 90 customers, and they have a fully equipped kitchen. The business is opened for lunch which accounts for approximately 30% of the sales with dinner being 70% of sales. The dinning room and kitchen have recently been remodeled and new equipment installed. The business is for sale because the owners son has been managing the operations for the past two years and wants to change occupations. The Seller is willing to offer financing.
Listed By: Jeffrey Jones
Background information
Reference:
82518
Year established:
2/2019
Reason selling:
Manager is leaving and owner does not have time to operate the business.
Finance
Sales:
$470,000
Profits:
$69,378
Profit type:
Discretionary Earnings
Operations
Employees:
7 full and part-time
Equipment:
Kitchen, bar, and dining room furniture & equipment.
Inventory:
5,000 food & beverage
Furniture fixtures and equipment:
See list in Business Profile
Premises
Facility:
Includes full kitchen, bar, and dining room.
Square footage:
1,968
Rent and lease terms:
$6,577 P/M. Lease expires 2/28/25
Location:
Located in a strip shopping center near NRG Stadium and the medical center.
Price and terms
Price:
$120,000
Down payment:
$60,000
Financing:
$60,000 cash down and $60,000 Seller Financing at 6% for 3 Years = $1,835.32 P/M.
Training:
As needed.