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Uptown Restaurant Business For Sale
Location Louisiana,United States
Asking Price Range $250K - $500K
Gross Revenues $300000
Net Profit / Cash Flow $108000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 10 - 19
Inventory 83000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Available
Reason for Sale Other Business Interest
Description This very well-known and established restaurant business for sale is located in the famous area of Uptown New Orleans, Louisiana. This restaurant has been in business for over 16 years, and has a great name associated with delicious food and excellent customer service. The casual and inviting atmosphere keeps the loyal customer base returning often. A spacious interior measuring approximately 1,500 sq ft can seat about 70 customers at any one time. The great ddAcor inside is almost no match for the lovely seating arrangement in front of the store, where patrons can dine and view the daily activity of New Orleans life.
There are numerous advantages to owning and operating this uptown restaurant business for sale, some of which include up-to-date licenses and inspection records, low contract rates with local business partners, suppliers, and services, high quality FF&E in great condition, exclusive contracts with local schools and event sites, a great status with creditors and suppliers, and a solid relationship with neighbors and the neighborhood association. In addition to this, sales have been increasing every year.
The location of this uptown restaurant business for sale couldnnƒ?t be better. Found on a very high traffic street in the famous uptown area of New Orleans, Louisiana, the business sees a lot of walk-in customers due of a high volume of pedestrian foot traffic. The business presents very well from the road and is easily accessible. New Orleans, Louisiana is a major metropolitan city with all the amenities. It is the fastest growing metropolitan city in the United States, with a population and culture that has always embraced small business and local entrepreneurs. This business is no different, and the potential is tremendous.
Seller wishes to pursue other business interests and is highly motivated to divest this uptown New Orleans restaurant business for sale. Seller will train the new owner on this very easy to own and operate busin
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