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Iconic Restaurant Business In New Orleans La For Sale

New Orleans, Louisiana
Asking Price:
$750,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,222,781 (USD)
Cash Flow:
$166,740 (USD)

This iconic restaurant business for sale in New Orleans, Louisiana has been in operation for over a decade and is very popular amongst the locals. Sales last year were approximately $1.2MM. Business is located in a great part of town with lots of foot traffic to drive in customers. Business and real estate are both listed for sale, the business for $750,000 and the real estate for $550,000. Restaurant is rated as one of the top brunch & diner locations to visit in the city.
New Orleans is a fun and exciting place to live. There is plenty of affordable housing. New Orleans is the fastest growing, large, metropolitan city in the United States. The culture and people are unique. World class recreational activities abound like French Quarter, Mardi Gras, Superbowl, Final 4, Sugar Bowl, New Orleans Bowl, Jazz Festival, College Football Championship, Saints and Pelicans professional sports teams and much more. The new up and coming technology district will position New Orleans well into the future along with the port and the tourist/convention business.
Owner has decided to sell to pursue other business interests. Seller will help train new owner on this easy to own and operate business. Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Contact us today for more information on this iconic restaurant business for sale, meet the owner, taste the great food, make offer!
Agent is sponsored through Sunbelt Business Brokers of New Orleans, sponsoring broker Brandon Bourgeois, telephone number ------------. Please contract agent directly for more information.

Property information

Premises Details:

N/A

Size in square feet:
1800 sq ft

Business Operation

Reasons for selling:

Other Business Interests

Trading hours:

Days: 6 Days

Employees:
Full Time: 10, Part Time: 8
Years established:
18

Other Information

Support & training:

Available

Financing available:

Monthly Payroll: $18,000

Furniture / Fixtures value:
$130,000 (USD) - included in the asking price
Inventory / Stock value:
$11,200 (USD) - included in the asking price

Contact Information

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