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JP Pub and Bar for sale in New Orleans, Louisiana
JP Pub and Bar
New Orleans |
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The Company was established in 2000. The current owners purchased the property in 2006. The restaurant offers traditional tavern favorites including cheese fries, onion rings,hamburgers, and chicken tenders. The menu also includes salads and poboy sandwiches,seafood platters, pork chops, barbeque ribs, and steak meals. There is a large full service bar that features wines, beer and mixed drinks. The Company has video poker and live bands or a DJ every Thursday, Friday, and Saturday night.
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Listing Number: 489
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 |
Bars/Taverns |
| Asking Price |
$170,000 |
| Gross Sales |
$1,001 |
| Cash Flow |
$1,000 |
| FFE |
$80,000 |
| Inventory |
$10,000 (Inventory IS Included) |
| Real Estate |
$350,000 (Real Estate NOT Included) |
| Employees |
3 - Full-Time
8 - Part-Time |
| Facilities |
The lounge is in good condition and consists of a very spacious 3,900 sq. foot area with an office,plenty of seating, a large dance floor, and an attached apartment. The restaurant seats approximately 50 patrons with a large parking lot. The building itself consists of the lounge, a 1,750 sq. ft. area that is rented to a tenant, and a 1,100 sq. foot, wood framed storage area in the back of the property. The real estate is available for purchase.
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| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
N/A |
| Growth Notes |
N/A |
| Support Training |
The sellers will train the new owner for a period to be determined.
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| Year Established |
2000 |
| Financing Terms |
The owner will finance 50% down for 3-5 years at 8% |
| Reason for Selling |
The owners would like to focus on other business ventures |
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