Full Service Restaurant and Bar with Real Estate for Sale in Metro New Orleans -N3019

Full Service Restaurant and Bar with Real Estate for Sale in Metro New Orleans -N3019

Starmont Advisors presents this fabulous full service Restaurant and Bar for sale. The Restaurant is located on a high traffic 4 lane road in a suburb city of New Orleans, LA. Visibility is exceptional. Business is a popular spot for locals and business people in the area. Owner would like to sell the real estate and business together, but is willing to consider all offers. Building is in excellent condition with multiple security cameras. Price includes both the real estate and business. Restaurant occupies approximately 4,700 sgft and can seat approximately 150 people. Party room has games, juke box and tons of TVs. Connected to the restaurant is a 4,700 sqft banquet hall that can seat another 150 to 250 people with its own bar, restrooms, a stage and green room. This makes the total building approximately 9,400sqft. It is perfect for meetings, parties, fundraisers, receptions, live music, entertainment, and more. Business is located in a very fast growing suburb city that is just a short drive and a short distance down the interstate to New Orleans, La. It is a great place to live and raise a family. The public schools are superior. There is plenty of a very affordable housing, many with large or acreage lots. This is a great investment opportunity that is priced to sell. Motivated seller who will consider all reasonable offers. Good commercial property like this doesn’t last long. Contact us today for more information before its gone!

Financial Information
Annual Receipts: $607,000
Cash Flow: Upon Request
Furniture, Fixtures, & Equipment: $178,000
Asking Price: $ 1,278,000

General Information
Reason for Sale: Other Business Interests
Year Established: 2008
Year Acquired: 2008
Employees: FT: 14  PT: 0

Contact Information
Contact: Joel Duran
Starmont Advisors
Phone: 225.620.0990
Email: joel.duran@starmontadvisors.com

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