Fun Locals Neighborhood Restaurant For Sale

New Orleans, LA
Orleans Parish

Asking Price: Annual Revenue:
$60,000 $186,722

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fun Locals Neighborhood Restaurant For Sale Broker: Everist Charles

Quick Facts

Asking Price: $60,000
Annual Revenue: $186,722
Net Profit: Not Disclosed
Cash Flow: $46,348
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 768062256
Broker Reference #: BATONLA001-N3434

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Business Overview:

Sunbelt Business Brokers of New Orleans presents this fun locals neighborhood restaurant business for sale in New Orleans, La. Restaurant is located in a popular residential area of Uptown New Orleans. Restaurant is within walking distance of tons of houses and other local businesses. Restaurant occupies a leased space of 2,500sqft and can seat approximately 50 people. This is an excellent owner operator opportunity. The food is very popular and is backed up by over 150+ reviews averaging 4.7 stars! Business is priced to sell at just over 1x cash flow which is very rare! For a chef looking to branch out on their own after covid-19, there is no better situation for the price! The cost to build out a new business would be far more than the asking price with established revenue and cash flow. Current owner has multiple restaurants and can’t commit enough time to this location. Owner is motivated to sell and will seriously consider all reasonable and prompt offers. Act fast before this excellent opportunity and neighborhood gem is gone. Come taste the great food, fall in love with the amazing atmosphere, be impressed and make and offer today!

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Reason for Selling:

Managing 2 Other Restaurants

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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