French Quarter Restaurant / Bar
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $1022483
Net Profit / Cash Flow $44000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 20 - 34
Inventory 90000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Available.
Reason for Sale Other business interest.
Description Exquisite restaurant and bar for sale is located on a prime corner of high pedestrian traffic in the famous New Orleans French Quarter. Restaurant is in one of the old historic buildings. It has very nice interior decor. It is just a few doors down from one of the most popular French Quarter hot spots. Restaurant has table seating for 80 with additional 10 bar seats. Restaurant draws a large tourist clientele along with a large, loyal group of local residents. They all love the menu. The lunch buffet is a big hit with downtown working professionals as the restaurant is just a short walk from the Canal Street hotels and CBD. Restaurant has live entertainment a couple of nights per week and on the days of high profile events like Super Bowl, Mardi Gras, Jazz Fest, etc.
Restaurant has a very favorable lease on the building. The kitchen is very well equipped with high quality equipment. 3 video poker machines contribute nicely to the bottom line profits. Seller will thoroughly train new owner on this very easy to own and operate business including sharing his exceptional recipes. Seller is motivated to sell, and has priced business very attractively to facilitate a quick sale. Seller will consider some possible seller financing for a qualified buyer with a reasonable down payment. This is a very unique opportunity that won't last long. Act fast! Come meet the owner, preview the business, make offer!
Click Here To Contact Seller
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