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Office Building Cafe in CBD

New Orleans, Louisiana (Orleans County)

Retail - Other Food Stores | Retail - Other Eating & Drinking Places

Asking Price $100,000 Inventory $5,000* 
Gross Income $173,900 Real Estate  
Cash Flow $60,000 Year Established 1987
FF&E $37,500* Employees 3

* included in the asking price

** not included in the asking price

The Company has been serving freshly made sandwiches, salads, wraps and breakfast items for 20 years. The Company is located inside one of the area's premier office centers and currently offers a breakfast and lunch menu that appeal to both men and women on their way to the office. The Company operates Monday through Friday from 7 am to 6 pm with Saturday hours of only 12 pm to 6 pm. It caters to both the center's visitors as well as the businesses in the area at its location in the food court. In addition to serving sandwiches and salads, the company also features made to order breakfast omelets and wraps. The Company has great food and fresh ingredients. All of which has helped to develop a loyal client following.

Facilities: The Company's facilities are in good condition and consist of one level totaling approximately 545 square feet. The dining room can seat a few hundred people and is accessible by both an elevator and escalator. The building is adjacent to a 31 floor office tower and features an attached parking garage. Parking in the garage is available to vendors at a discounted price of $109.00 per month. The shopping centre also offers 24 hour security patrols.

Competition: The Company currently has no major competition.

Growth/Expansion: THE COMPANY'S STRENGTHS: Fresh, made to order menu for 20 years Great location and loyal clientele The business can be expanded by creating a catering division. THE COMPANY'S AREAS FOR IMPROVEMENT: Presently, the only advertising dollars spent to market the business are spent as part of a general shopping centre advertisement fund The current operating hours could be expanded to increase sales

Financing: The owner is willing to finance with 50% down for 3-5 years at 8%

Support/Training: The owner is willing to train after the sale for a period of 2 weeks.

Reason Selling: The owner would like to retire.

Business listed by

Michelle Seiler

504-525-1717


Capital Business Solutions


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