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Great Restaurant Business For Sale
Location: United States -> Louisiana -> New Orleans
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This great 7 year old restaurant business for sale on the New Orleans Northshore is in a prime location with lots of traffic daily passing by. Open for dinner, the business has several repeat customers that come back for the great food night after night. Business also has side attached space that could be used for other functions in association with the business to help generate more revenue. An owner operator could easily get these going again quickly.

The North Shore region of Metro New Orleans has great public schools and lots of affordable housing, many with large acreage lots. The area is large, relatively affluent and is one of the fastest growing communities in Louisiana and the US. Outdoor recreational activities such as hunting, fishing, boating, hiking, bicycling, etc abound. Crime is very low and the environment is pristine. The North Shore area is just a short drive down the interstate or other major roads to New Orleans, Louisiana.

Seller is ready to retire and has decided to sell. Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Owner will help stay on for a short time as needed to help train the new owner and show them how to create great recipes. Come by and see the potential of the restaurant and side operations, meet the owner, taste the great food, make offer!


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $325,160
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $107,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Available
Reason For Selling:  Retirement




Print Listing Id: 700222962
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



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