Price Reduced - Restaurant For Sale in St. Tammany Parish

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Business Description

Sunbelt Business Brokers of New Orleans presents this 9 year old large restaurant for sale in St. Tammany Parish. Restaurant occupies a leased space of approximately 3,200sqft and can seat approximately 90 people. Business is located in a popular residential suburb or New Orleans, La on the Northshore of Lake Pontchartrain. Restaurant has a strong loyal following and rave reviews online. Restaurant serves south Louisiana dish favorites at there best. Restaurant is priced to sell and at this price is a great deal for someone looking to be their own boss!
Owner has decided to sell to pursue other business interests. Owner may consider some owner financing for a qualified buyer with a proper down payment. Contact us today for more information on this restaurant business for sale in St. Tammany Parish! Come taste the delicious food, meet the owner, see the perfect fit for you and make offer!

About the Business

Location:
St. Tammany Parish, Louisiana
Year Established:
2010
Number of Employees:
7Ft
Facilities:
3,200sqft leased at $3,000 per month.
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About the Sale

Reason For Selling:
Other interests
Training/Support:
Available

Listing Info

ID:
1625654
Ad Detail Views:
506
Asking Price:
$70,000

Gross Revenue:
$483,000
Cash Flow:
$38,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
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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