Restaurant with Liquor License, Video Poker & RE

New Orleans, LA (Orleans County)

Restaurant with Liquor License, Video Poker & RE

Asking Price:$275,000

Cash Flow:$1,000

Gross Revenue:$30,000

EBITDA:N/A

FF&E:$60,000

Inventory:$2,500*

Real Estate:$175,000*

Established:2013

*not included in asking price.

Restaurant with Liquor License, Video Poker & RE

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Business Description

A great burger restaurant located St. Bernard Parish. This restaurant is well liked by its customers and is a real staple in its neighborhood. After years of ownership, the owners are ready to sell. Great food and great people. This restaurant has limited hours and potential to increase open hours and cash flow. Liquor license and video poker in place. Real Estate available. Call us today to "fry" up a good deal for you!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very nice building and new furniture, fixtures, and equipment.
Competition:
The trade group is projecting sales of $782.7 billion in 2016, according to the forecast. That’s a 5 percent increase over 2015’s sales volume of $745.6 billion.Assuming that projection holds, that would be a 2.1-percent increase when adjusted for inflation — the first time in more than a decade that industry sales rose by more than 2 percent in adjusted terms in consecutive years.
Growth & Expansion:
This year, restaurants and foodservice venues at last recovered the visits lost in the recession, according to The NPD Group. The industry will end the year with visits up 1%, total traffic volume at 61 billion, and a consumer spending gain of 3%.
Financing:
Seller financing options available
Support & Training:
Seller will provide training
Reason for Selling:
Seller is pursuing other business opportunities

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Michelle Seiler

Business Listed By:
Michelle Seiler

CAPITAL BUSINESS SOLUTIONS

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