• Listing ID: 1264421
  • (Seller ref: BATONLA001-N1918)

NO Mid City Italian Restaurant For Sale


Location:
Category:
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Asking price:
$336,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$630,000
Cash flow:
$150,000
Years established:
2

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Absolutely outstanding Italian restaurant for sale has an exquisite interior décor. This brand new restaurant is a nationally franchised location. While the menu has good variety, restaurant has a popular ethnic food focus. Restaurant is full service. Restaurant has a large base of loyal repeat customers that love the food. Food is served both lunch and dinner. Seating capacity is quite substantial on 2 floors of the building. Building is recently renovated with all new furniture and equipment, and measures approximately 4,000 sq ft. Seller has acquired a full bar license for the business, but has yet to add video poker machines. This is a great opportunity for a new motivated owner to make extra profit.
Restaurant is located on an extremely busy 6 lane highway. Location is on a New Orleans street car line and the Mardi Gras parade route. Location has great visibility and is easily accessible. Business is located in an area of New Orleans, Louisiana known as Mid-City, a very active area with lots of night life. New Orleans has all the amenities of a major metropolitan city. This area is thriving and is a great place to live.
Both seller and franchisor will thoroughly train new owner on this very easy to own and operate business. Seller is relocating with their family and is motivated to sell. Seller will seriously consider and promptly respond to all reasonable offers. This business is very easy to run and includes recipes. Come see this incredibly nice restaurant, make offer.


Real Estate:
Lease
Premises details:
4000 sq ft, $5000.00

Reasons for selling:
Relocation
Trading hours:
Days: 7 days
Financing available:
Downpayment Required: $0
Furniture / Fixtures value:
$100,000 (included in the asking price)
Inventory / Stock value:
$2,500 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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