Thrilling Restaurant and Bar with Live Music

Not Disclosed, LA
St. Tammany Parish

Asking Price: Annual Revenue:
$1,398,769 $1,866,672

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Thrilling Restaurant and Bar with Live Music Broker: Chaps Tucker
Owner Financing is Available!
Seller financing is available depending on buyer.

Quick Facts

Asking Price: $1,398,769
Annual Revenue: $1,866,672
Net Profit: Not Disclosed
Cash Flow: $500,305
Total Debt: Not Disclosed
FF&E: $177,915
Real Estate: $2,900,000
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 624953282
Broker Reference #: 6720

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Business Overview:

Profitable restaurant and bar that has received continued recognition and awards for their authentic southern cuisine and excellent musical performances. Located in a prime location near major attractions, this establishment sees a steady flow of customers year round. The venue has a beautiful indoor bar and added a patio with a second bar and outdoor stage in recent years resulting in a 49% sales growth. Both the outside and indoor bars are equipped with multiple TV's for customer's to watch their favorite game. The building includes additional space with tenants which serves as an additional income source for the owners. The owners recently renovated the space, adding a brand new 1,800 sf kitchen and four new customer restrooms. With a strong management group and experienced staff, this well-branded restaurant is a great opportunity!

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Property Features and Assets:

8,270 square feet building with 1,800 square feet outdoor patio. 2 fully equipped bars and kitchen.

Market Competition and Expansion:

The company boasts impressive online reviews compared to their main competitors and has established tremendous brand recognition. This generates new business and keeps loyal customers coming back. Restaurant industry sales are projected to increase in 2020. While the pandemic has had an adverse effect on the restaurant industry as a whole, this venue has faired well and will continue to do so.

Reason for Selling:

Owners are pursuing other interests.

Additional Details:

  • The property is owned.
  • 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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