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Bar & Banquet Hall Business For Sale
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $120000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 34000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available
Reason for Sale Family Reasons
Description This bar and banquet hall business for sale is located in the Houma / Thibodaux area of Louisiana. Business has been established for over 8 years and has become a traditional hot spot for a variety of special events, including bike rallies, car shows, cook-offs, live music events, karaoke, and family reunions. The primary value of this entity is in the real estate. Sale includes the very valuable land and building, consisting of approximately 4 acres and an approximately 10,000 sq ft air conditioned building. Building includes an approximately 3,800 sq ft banquet area, 1,000 sq ft kitchen, and 3,800 sq ft bar area. There is also approximately 6,000 sq ft of outside covered patio. The very nice kitchen area was at one time selling lunches and dinners along with short order items. A new motivated owner could resume this operation to bring in additional revenue. The bar is open 6 days a week with a complete stage area, pool tables, dart board, mega touch machine, juke box, and video poker gaming.
This business for sale is located in the charming area of Houma / Thibodaux, Louisiana. Area is less than an hour drive from New Orleans, Louisiana, a major metropolitan city with all the amenities. Houma / Thibodaux is a nice place to live and raise a family with good public schools and lots of affordable housing. The area is considered a sportsman's paradise with abundant hunting, fishing, and boating opportunities.
Seller is forced to sell the business for family reasons and is highly motivated to divest of this bar and banquet hall business for sale. Seller will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Seller will consider some financing for a qualified buyer with a reasonable down payment. Come see this bar and banquet hall business for sale with the very valuable land attached, imagine the possibilities, meet the own
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