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Mid - City Italian Restaurant For Sale
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $630000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Inventory 102500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Available.
Reason for Sale Relocation.
Description Absolutely outstanding Italian restaurant for sale has an exquisite interior decor. This brand new restaurant is a nationally franchised location. While the menu has good variety, restaurant has a popular ethnic food focus. Restaurant is full service. Restaurant has a large base of loyal repeat customers that love the food. Food is served both lunch and dinner. Seating capacity is quite substantial on 2 floors of the building. Building is recently renovated with all new furniture and equipment, and measures approximately 4,000 sq ft. Seller has acquired a full bar license for the business, but has yet to add video poker machines. This is a great opportunity for a new motivated owner to make extra profit.
Restaurant is located on an extremely busy 6 lane highway. Location is on a New Orleans street car line and the Mardi Gras parade route. Location has great visibility and is easily accessible. Business is located in an area of New Orleans, Louisiana known as Mid-City, a very active area with lots of night life. New Orleans has all the amenities of a major metropolitan city. This area is thriving and is a great place to live.
Both seller and franchisor will thoroughly train new owner on this very easy to own and operate business. Seller is relocating with their family and is motivated to sell. Seller will seriously consider and promptly respond to all reasonable offers. This business is very easy to run and includes recipes. Come see this incredibly nice restaurant, make offer.
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