Restaurant Business for Sale in Metairie, Louisiana

Undisclosed Address, Louisiana
Business Opportunity for Sale
Catylist Listing ID: 30738728
Property Subtypes: Food and Beverage
Building Size (RSF): 1,800 SF
Sale Price: $99,000
Year Business Established: 1983
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 10/16/2021

Overview / Comments

Principle Business Advisors presents this iconic restaurant business for sale in Metairie, Louisiana. This restaurant has been a Metairie favorite for generations. The location of the business is in a phenomenal centralized location. The current owner is ready to retire.

Come meet the owner, eat the food and see the business!

Call the listing broker, Joel Duran CEPA, CM&AA, CMSBB, at (504) 313-1038.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retirement
Value of Inventory Included ($): $9,000
Value of Furniture, Fixtures, and Equipment ($): $110,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Expected monthly rent is $3,000 with a one 18 month option. (Property owner will give long term lease)
Employee/Labor Description: Full-time: 0 Part-time: 20
Mgmt/Training Support Description: There will be a standard two week training and after that the owner will be available by telephone.
Seller Financing Description: The owner will finance a well qualified buyer.

Contact

Photograph of Listing Agent

John Sanderford

John Sanderford & Associates, LLC Metairie, LA 70055
LACDB Member
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