Old Towne restaurant in historic building
Business Description
Established American restaurant located in a historic building in Old Towne Slidell, Louisiana. This profitable dining establishment generates $675,000 in annual revenue and offers an attractive investment opportunity with seller financing available.
Business Overview:
Opened in 2023, this restaurant has quickly established itself as a standout dining destination in Saint Tammany County. The business operates from a charming 3,800 square foot historic building that enhances the dining experience and attracts customers seeking authentic atmosphere.
Key Financial Highlights:
• Annual Revenue: $675,000
• Asking Price: $60,000
• FF&E Value: $40,000
• Inventory: $6,500 (included)
• Monthly Lease: $4,300
• Lease Term: Through January 2031
Operational Advantages:
• Easy-to-run business model suitable for absentee ownership
• Diverse menu differentiating from local competition
• Prime walkable location in historic district
• Limited direct competition in the area
• Established customer base and proven profitability
Location Benefits:
Situated in one of the few walkable restaurant areas in Slidell, the business benefits from foot traffic and the charm of its historic setting. The location provides excellent visibility and accessibility for both locals and tourists exploring the Old Towne district.
Support & Financing:
The seller offers comprehensive transition support including up to 30 days of guidance and 7 days of on-site training. Seller financing options are available with flexible terms open for discussion.
This turnkey operation presents an excellent opportunity for an investor or operator looking to acquire a profitable restaurant with strong fundamentals, attractive lease terms, and significant growth potential in Louisiana's growing culinary market.
Seller is relocating for new business venture in another city, creating this rare opportunity to acquire an established, profitable restaurant operation.
Business Overview:
Opened in 2023, this restaurant has quickly established itself as a standout dining destination in Saint Tammany County. The business operates from a charming 3,800 square foot historic building that enhances the dining experience and attracts customers seeking authentic atmosphere.
Key Financial Highlights:
• Annual Revenue: $675,000
• Asking Price: $60,000
• FF&E Value: $40,000
• Inventory: $6,500 (included)
• Monthly Lease: $4,300
• Lease Term: Through January 2031
Operational Advantages:
• Easy-to-run business model suitable for absentee ownership
• Diverse menu differentiating from local competition
• Prime walkable location in historic district
• Limited direct competition in the area
• Established customer base and proven profitability
Location Benefits:
Situated in one of the few walkable restaurant areas in Slidell, the business benefits from foot traffic and the charm of its historic setting. The location provides excellent visibility and accessibility for both locals and tourists exploring the Old Towne district.
Support & Financing:
The seller offers comprehensive transition support including up to 30 days of guidance and 7 days of on-site training. Seller financing options are available with flexible terms open for discussion.
This turnkey operation presents an excellent opportunity for an investor or operator looking to acquire a profitable restaurant with strong fundamentals, attractive lease terms, and significant growth potential in Louisiana's growing culinary market.
Seller is relocating for new business venture in another city, creating this rare opportunity to acquire an established, profitable restaurant operation.
About the Business
- Years in Operation
- 3
- Employees
- 8 (3 Full-time, 5 Part-time)
- Facilities & Assets
- Historic building in the heart of old towne Slidell originally a cleaners and turned into restaurant. 3 bedroom apartment above restaurant that is accessible to tenant of restaurant. Large outdoor patio and private event room as well for private parties and events. All street parking but tons of space.
- Market Outlook / Competition
- Not much competition and very diverse menu that isn't the same as everyone else in town. One of few walkable restaurants in the area.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,800
- Rent
- $4,300 per month
- Lease Expiration
- 1/25/2031
About the Sale
- Seller Motivation
- New business venture in other city
- Transition Support
- Able to offer up to 30 days support and 7 days on site training
- Financing Options
- Open to discussions
Listing Info
- ID
- 2528319
- Listing Views
- 26
Business Location
Listing ID: 2528319 The information on this listing has been provided by either 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 full Terms of Use. Learn how to avoid scams.
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