MergerPlace

Established Fine Dining Restaurant

New Orleans Metro, Louisiana


  • Asking Price: $995,000
  • Gross Income: $1,100,878
  • Cash Flow: $49,370
  • Real Estate: $785,000
  • Inventory: $10,000
  • FF&E: $47,000
  • Listing ID: #204171
  • Established: 2008
  • Employees: 16

Business Description

Located in the greater New Orleans area, this fine dining restaurant and daiquiri bar sits in one of the greatest cities for cuisine. For many years, this restaurant has served incredibly delicious Cajun and Creole-inspired steak and seafood dishes that has earned it a very loyal client base that continues to grow. Included with the sale of the business also comes the real estate that houses the restaurant. The building is in excellent condition with a size of 4320 square feet, and has parking available for 29 vehicles. This great opportunity can help you start or expand into the world of fine dining.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Louisiana
Metropolitan Area: New Orleans Metro

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16

Financial Information

Asking Price: $995,000
Gross Revenue: $1,100,878
Cash Flow: $49,370
EBITDA: $49,370
FF&E: $47,000
Inventory: $10,000
Real Estate: $785,000
Seller Financing Available: No

Property Information

Facilities:

The real estate is located in New Orleans’ West Bank. The building is in great condition, and is currently housing a fine dining restaurant. The size of the building is 4,320 square feet, and is fitted with a state of the art commercial kitchen. The real estate also comes with available parking space with the capacity to hold 29 vehicles.

Growth & expansion opportunities:

The restaurant has a loyal customer base, and can expand into more locations around the city where the name and reputation of the restaurant is known.

Competition:

The restaurant is located in the greater New Orleans area. The market for food services continues to grow in New Orleans, which is known for its great Cajun and Creole cuisine.

Reason for selling:

The owner is retiring.

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Michelle Seiler Tucker

Capital Business Solutions