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Businesses For Sale   >>   Bars and Pubs Businesses For Sale

Bar And Nightclubs Business For Sale

Location  Louisiana,United States
Asking Price Range  < $250K
Gross Revenues  $225014
Net Profit / Cash Flow  $18568
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1979
Number of Employees  4 - 5
Inventory  30000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Training  Available.
Reason for Sale  Retirement.

Description  
This bar business for sale, a great neighborhood institution, has been in business for over 30 plus years in the metro New Orleans, Louisiana area. Business last year did approximately $225,000 in sales. With an absentee owner in 2012, a cash flow of approximately $70,000 was earned! This business has the real estate available for $290,000 and the bar available for $90,000 for a total of $380,000 purchase price. Bar can be purchased separately if desired. The business has strong video poker sales which generate additional revenue. New Orleans is a fun and exciting place to live. There is plenty of affordable housing. New Orleans is the fastest growing, large, metropolitan city in the United States. The culture and people are unique. World class recreational activities abound like French Quarter, Mardi Gras, Superbowl, Final 4, Sugar Bowl, New Orleans Bowl, Jazz Festival, College Football Championship, Saints and Pelicans professional sports teams and much more. The new up and coming technology district will position New Orleans well into the future along with the port and the tourist/convention business. Owner has decided to sell due to retirement. Seller will help train new owner on this easy to own and operate business. Owner will consider some seller financing with a reasonable down payment from a qualified buyer. Come by and see this neighborhood institution bar, meet the owner & loyal customers, have a great time, make offer! Contact for more information on this bar and nightclubs business for sale.


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