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66 Year Old Bar Business For Sale
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $35000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1947
Number of Employees 6 - 9
Inventory 41000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Available
Reason for Sale Other Business Interests
Description Established for over 66 years, this neighborhood bar business for sale is located in the metropolitan area of New Orleans, Louisiana. The establishment is known by the locals to be friendly and inviting with great drinks and delicious food. The approximately 2,400 sq ft building seats around 60 customers and was recently renovated. The sale includes valuable FF&E worth around $35,000, which includes a high-end ice machine, walk-in cooler, and stainless steel prep areas. In addition, the owner leases a pool table, jukebox, and ATM for additional profit. There are also Video Poker gaming machines for which there is a 50/50 split. The business is currently absentee owner. An owner operator could closely manage the business and see a substantial increase in cash flow.
This bar business for sale is found on a very high traffic 4 lane street in a highly visible and easily accessible location. The business has great signage and presents very well from the road. This bar business for sale is found just outside of New Orleans, Louisiana, a major metropolitan city with all the amenities. New Orleans, Louisiana is the fastest growing metropolitan city in the United States. It is a very popular tourist destination, and is home to various forms of entertainment, including music festivals, Mardi Gras, sports teams such as the New Orleans Saint and Hornets, and this year's Super Bowl. It is a great area to live in and do business.
Seller is very motivated to divest this 66 year old neighborhood bar business for sale due to having other business interests. The 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. Come see this established bar business for sale in metro New Orleans, Louisiana, experience the fun nightlife, meet the owner, make offer.
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