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Businesses For Sale   >>   Other Food and Beverage Businesses For Sale

National Franchise Restaurant & Bar

Location  Louisiana,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1100000
Net Profit / Cash Flow  $45000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  10 - 19
Inventory  95000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Available
Reason for Sale  Other interests

Description  
This national franchise restaurant and bar business for sale has been in operation for several years on the New Orleans, LA Northshore. Business occupies approximately 3,200sqft of leased space and can seat up to 120 people. Franchise is well known for their delicious food and is a popular eating destination for locals. Last year the business did approximately $1.1MM in revenue alone! Business is open 7 days a week and consistently busy. Restaurant/bar is located on the main very high traffic highway in the area with great visibility. 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 to pursue other interests and is highly motivated to sell. Seller will help train new owner on this easy to own and operate business. All the FF&E is in relatively good and new shape and in great condition for transition to the new owner for immediate use! Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Come by today and taste this great food, meet the owner, make offer!


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