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Lafitte Restaurant for sale in Lafitte, Louisiana
Lafitte Restaurant
Lafitte |
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The Company is in the heart of the city of Lafitte. It is the only restaurant located within the city limits of Lafitte, providing an outstanding lunch menu. It has tremendous potential for growth, with an excellent location and superior reputation that holds a strong 90% of repeat customers. The current owner intends to obtain a liquor license and expand the business hours, which in turn will create more opportunity for clientele development. |
Listing Number: 787
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 |
Restaurants |
| Asking Price |
$385,000 |
| Gross Sales |
$0 |
| Cash Flow |
$0 |
| FFE |
$100,000 |
| Inventory |
$2,000 (Inventory IS Included) |
| Real Estate |
$295,000 (Real Estate IS Included) |
| Employees |
3 - Full-Time
0 - Part-Time |
| Facilities |
The building is approximately 1,900 square feet and is six years old. The building, furniture, fixtures, and equipment are considered to be in excellent condition. The parking lot holds 36 parking spaces. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Competition is sparse; 90% of clientele is repeat business; |
| Growth Notes |
Received liqour license and hours will be expanded. |
| Support Training |
Owner is willing to train for two weeks. |
| Year Established |
2005 |
| Financing Terms |
TBD |
| Reason for Selling |
Owner is pursuing a law degree. |
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