Long Standing Restaurant Business For Sale in Jefferson Parish

Financial Information

  • Asking Price: $299,000
  • Gross Revenue: $1,335,165
  • Cash Flow: $109,000
  • Down Payment: 0
  • FF&E (Included): $75,000
  • Inventory: $4,000
  • Financing: No

Business Location

  • Jefferson Parish
  • New Orleans Metro
  • Louisiana
Primary Business Category: Restaurants

Sunbelt Business Brokers of the Northshore presents this popular long standing restaurant business for sale in Jefferson Parish. Business has been in operation for over 20 plus years serving south Louisiana favorites in a fun and neighborhood friendly environment. Restaurant is situated right off a busy 4 lane highway with large vehicle traffic count daily. Business is located in popular and densely populated suburb city of New Orleans, La. Restaurant occupies a leased space of approximately 7,000sqft and can seat approximately 140 people. Location also has a private banquet area that can seat/entertain approximately 90 people. Business previously had video poker. Space is available to re-add video poker if new owner can be approved for the licensing. Owner is highly motivated to sell to enjoy retirement. Seller will help train and transition new owner. Owner may consider some owner financing for a qualified buyer with a proper down payment. Contact us today for more information on this long standing restaurant business for sale. Come meet the owner, taste the delicious south Louisiana favorites, be impressed and make offer!


Support / Training Comments

Available


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1997
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: 5 Days
  • Fulltime Employees: N/A
  • Part time Employees: 7
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $5,600
  • Building Size: 7000 sq ft
  • Seats: 140
  • Monthly Rent: $9,000

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Business Listed by

Sunbelt Louisiana Restaurants For Sale

Contact:
Office Phone: 225-201-0202
Mobile Phone:
Listing ID: LOUISRS001-N220

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.