Sunbelt Business Brokers of New Orleans presents this busy large restaurant for sale in New Orleans, LA. Business has been in operation for almost a decade! Restaurant can seat approximately 110 people and has a very affordable lease. Business last year did approximately $1.8M in revenue! Restaurant is located in a densely populated neighborhood. Restaurant is open for lunch, dinner and special private events. Retail space for large restaurants are hard to find in this area. Area is a popular spot for people looking to grab a bite to eat and hangout near their neighborhood.
Owner has decided to sell to pursue other business interests. Owner may consider some seller financing for a qualified buyer with a proper down payment. Contact us today for more information on this large restaurant for sale in New Orleans, La. Come taste the great good, enjoy the fun atmosphere, be impressed and make offer!
Asking Price: $199,000 Gross Revenue: $1,800,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Large Neighborhood Restaurant For Sale in New Orleans, LA
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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