Well Established Restaurant for sale in Metro New Orleans

New Orleans, LA (Orleans County)

Pizza Restaurant for Sale

Asking Price:$58,000

Cash Flow:N/A

Gross Revenue:$710,000

EBITDA:N/A

FF&E:$140,000

Inventory:$4,500

Lease Rate:N/A /SF

Established:2010

Well Established Restaurant for sale in Metro New Orleans

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Business Description

Located on the New Orleans, LA Northshore, this profitable restaurant business for sale is located on a major, high-traffic highway with great visibility and easy access. Restaurant seats approximately 70 people with plenty of parking for all its customers. Restaurant also has equipment valued at approximately $130K that will go with the sale. This is a great opportunity for an owner operator to continue a successful operation or create their own concept to tailor the business into a unique restaurant. With the current owners not always present, an owner operator could take on more responsibilities and increase the profits for nicely. With an owner operator, an additional $40K could be added back to the owners from expenses.

The Northshore region of Metro New Orleans has great public schools and lots of affordable housing, many with large acreage lots. St. Tammany Parish includes Madisonville, Mandeville, Covington, Abita Springs, and Slidell, and is large, relatively affluent and one of the fastest growing communities in Louisiana and the US. It is a short drive from Hammond and Baton Rouge, as well. Outdoor recreational activities such as hunting, fishing, boating, hiking, bicycling, etc abound. Crime is very low and the environment is pristine. The North Shore area is just a short drive down the interstate or other major roads to New Orleans, Louisiana. Sellers have decided to divest of this opportunity and pursue other interests.

This is a great opportunity for someone looking to own their own mom and pop restaurant or to take over an established gourmet Italian restaurant. The location has been approved for a liquor license and the possibilities are endless. Current owners are looking to sell to expand in other areas, but will help train the new owner and are open to offers. Contact us today to taste the great food, meet the owners, and make an offer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
3 FTE, 22 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sq. ft. leased space
Support & Training:
Seller & Franchise will provide training
Reason for Selling:
To expand to other areas
Franchise:
This business is an established franchise

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Robin Kuckyr

Business Listed By:
Robin Kuckyr

Sunbelt Business Brokers

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Sponsoring Broker:
Ward Wicht

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