Large Neighborhood Restaurant For Sale in New Orleans, LA

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Business Description

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!

About the Business

Location:
New Orleans, Louisiana
Year Established:
2010
Number of Employees:
30FT 5Pt
Facilities:
4,200sqft leased at $4,600 per month
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About the Sale

Reason For Selling:
Other interests
Training/Support:
Available

Listing Info

ID:
1637473
Ad Detail Views:
0
Asking Price:
$199,000

Gross Revenue:
$1,800,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$50,000
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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U.S. Census Data for Jefferson Parish and Orleans Parish, LA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Jefferson Parish and Orleans Parish, LA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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