Asking Price: $250,000 Gross Revenue: $801,000Cash Flow: Not DisclosedEBITDA: $55,000Inventory: Not Disclosed FF&E: Not Disclosed 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.
This historic venue has served New Orleans customers for many decades. It is well established & well known with employees in place. It has a high seating capacity and plenty of parking. There is a large potential for expansion into to private events. Includes excellent long-term lease. Come reap the rewards and profits of this Restaurant & Bar which is a turn key operation or one you can make your own. Owners retiring, priced to sell!
About the Business
New Orleans, Louisiana
Number of Employees:
The facility has an approximate square footage of 4,000 square feet.
Growth & Expansion:
The restaurant is located in the greater New Orleans area. The market for food services continues to grow in New Orleans, which is known for its great cuisine. The restaurant has a loyal customer base, and can expand into more locations around the city where the name and reputation of the restaurant is known.
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 & Conditions.