Reference # : CGLA – 00145
Asking Price:$199,000
Gross Revenue:$346,858.32
FF&E:$101,465
Inventory:$15,000
Established:2010
Business Description
Popular, fun bar in the greater, central business district of New Orleans. Business has space totaling +/- 5,000 square feet which includes outside and inside dining, bar, video gaming.
Detailed Information
- Inventory:
- Included in asking price
- Employees:
- 3
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- 5,000 square feet (inside and outside) of restaurant and bar space in downtown central business district. Friendly lease through 2020. New owner can re-negotiate.
- Competition:
- Business neighborhood is almost complete total renovation mode, of 20+ story buildings, condos, hotels and apartments.
- Growth & Expansion:
- Business is very popular and has recently began offering bar-type foods which are a hit. Business has 5 video poker machines on-site and approved for a 6th.
- Financing:
- Yes
- Support & Training:
- Owner will train up to 60 days and may would stay on as a silent partner and finance some of the purchase price.
- Reason for Selling:
- Other opportunties
