Busy Bar with Entertainment license!
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There is always heavy traffic on Elysian Fields Ave in New Orleans.. So you don't want to miss out on this busy bar with a locked in Entertainment license. With a back dressing room and stage ready to go, this can be your go to night club, entertainment bar, live bands events, etc.. Not only is this business an option to buy but can also buy into 5 apartment leases for an additional price. Taking over the leases to generate even more income! Currently no video poker, and yes.. we can add it, which means MORE income! This bar is not being ran at full potential, so let's goo!! This owner is also selling his 3 other bars as well, so if your looking for a package deal. This is it!!
About the Business
- Employees
- 5 (2 Full-time, 2 Part-time, 1 Contractor)
bartenders have been loyal - Facilities & Assets
- Business only, lease for building is 6,000.00 a month.. with option to buy 5 apartment leases upstairs which are all vacant for 25,000.00 , the lease for upstairs is an additional 3500.00. Liquor is NOT included in price, but will sell for 75% discount. Leases are not NNN however is responsible for paying property taxes.
- Market Outlook / Competition
- This is currently an entertainment bar with a dressing room in the back and of course a stage.
- Opportunities for Growth
- Currently this is not running at full potential due to absentee owner. Would be great for live bands, night club, or entertainments. Owner also has 3 other bars in Chalmette selling as well if interested in all 4 to add to portfolio !!
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
- Rent
- $6,000.00 per month
About the Sale
- Seller Motivation
- owner is retiring and moving
- Transition Support
- Owner is willing to train whoever takes over for a certain amt. of time.
- Financing Options
- owner is willing owner finance, option to buy apartment leases in building
Listing Info
- ID
- 2437164
- Listing Views
- 234
Business Location
Listing ID: 2437164 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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