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CBD Homestyle Cafe and Bar for sale in Louisiana
CBD Homestyle Cafe and Bar
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This home-style cafe is a variety bar & restaurant, centrally located in the Central Business District of New Orleans and is a hot spot during Mardi Gras. Video poker brings in high revenue at this establishment. Their customer base is a mixed, wide age span They offer catering, delivery/dine in options for serving breakfast, lunch and dessert. The menu consists of local seafood and home style favorites as well as food anyone will enjoy. Great reviews come from sites online. |
Listing Number: 929
Michelle Seiler - Listing Broker
2223 1/2 Magazine Street, New Orleans, LA 70130
Telephone - (504) 525-1717
E-mail -
biz4sale@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Other Eating & Drinking Places |
| Asking Price |
$389,000 |
| Gross Sales |
$127,459 |
| Cash Flow |
$48,865 |
| FFE |
$50,000 |
| Inventory |
$10,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
2 - Part-Time |
| Facilities |
The building is in good condition with 52 seating capacity. Because of it being located in the Central Business District in a high traffic area, only street parking is available. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
The are no competitors in immediate area that serve the quality and quantity of this business' style of food. |
| Growth Notes |
Expansion possible with catering services and extended hours |
| Support Training |
The owner will train for two weeks. |
| Year Established |
1987 |
| Financing Terms |
Seller will finance with 60% down depending on offer and credit |
| Reason for Selling |
The owner plans to relocate |
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