Extremely Profitable New Orleans Cafe and Bar
(ID: 1086431)
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$1,190,000
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$900,000
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$250,000
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$25,000
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$200,000
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$60,000
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Business Listed by LISTING BROKERCapital Business Solutions
Contact Broker:Michelle SeilerCapital Business SolutionsView All of My Listings
Listing Tools
Business Description
ATTN: BAR & Cafe LOVERS! -- This establishment has been around for decades. It's prime location is in a historic neighborhood. The locals know where the food is good and the beverages are ice cold. The current owner has had the business since the early 1980's, but the establishment has been around much longer than that. The owner hates to sell, but it's time to retire and move to the country.
About the Business
Year Established:
1983
Number of Employees:
5
Facilities:
This historic building is approximately 1,800 sq ft. Upstairs is an office and attic. The restaurant comfortably seats 70 people including in the bar area and outside seating. Large walk-in coolers and storage space is located in the rear of the property. There are a couple of parking spots immediately in front of the restaurant, but additional parking is located in a lot to the side of the building.
Market Outlook/Competition:
This business is primed to increase its foot traffic with the advent of tourist season. More and more tourist are making New Orleans a vacation destination just for the food offered. Business tends to be higher during Mardi Gras and the festival season. Otherwise, the flow of loyal customers is steady for this neighborhood staple. The current owner has recently started an advertising campaign with a local radio station.
About the Sale
Reason For Selling:
The owner would like to retire and move to the country.
Training/Support:
The owner is willing to train for 2 weeks after the sale.
Seller Financing:
Seller financing is available.
LISTING KEYWORDS: ATTN: BAR & CAFE LOVERS! -- This establishment has been around for decades. It's prime location is in a historic neighborhood. The locals know where the food is good and the beverages are ice cold. The current owner has had the business since the early 1980's, but the establishment has been around much longer than that. The owner hates to sell, but it's time to retire and move to the country.
