Busy Dive Restaurant For Sale in Metro New Orleans

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Business Description

Sunbelt Business Brokers of New Orleans presents this 23 year old busy dive restaurant for sale in metro New Orleans, LA. Business is located on the west bank of New Orleans, LA. Business can seat approximately 40 people and leases a space of approximal 1,150sqft. Restaurant is a popular stop for local workers in the area looking to stop in quickly and get a good home cooked meal. Restaurant has good visibility from a main 4 lane hwy it is located on. Business is a great owner operator opportunity with no super late or early morning hours. Menu is limited so food costs can be kept down to increase profitability.
Owner has decided to sell to pursue other interests. Seller will help train and transition new owner into this easy to own and operate business. Seller may consider some owner financing for a qualified buyer with a proper down payment. Contact us today for more information on this busy dive restaurant for sale. Come meet the owner, taste the delicious home cooked food, be impressed and make offer!

About the Business

Location:
St. Charles Parish, Louisiana
Year Established:
1996
Number of Employees:
4FT 2PT
Facilities:
1,150sqft leased at $2,000 per month
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About the Sale

Reason For Selling:
Other interests
Training/Support:
Available

Listing Info

ID:
1636801
Ad Detail Views:
0
Asking Price:
$195,000

Gross Revenue:
$534,000
Cash Flow:
$65,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Joel Duran, CMSBB

Sunbelt Business Brokers of New Orleans

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