Nationally Acclaimed Historical Restaurant & Events Venue w/Iconic RE

Asking Price$4,200,000

Cash Flow
Not Disclosed

EBITDA$525,527

Gross Revenue$1,890,000

Inventory$20,000
Included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

listing imageSave

Nationally Acclaimed Historical Restaurant & Events Venue w/Iconic RE


Asking Price$4,200,000

Cash Flow
Not Disclosed

EBITDA$525,527

Gross Revenue$1,890,000

Inventory$20,000
Included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

Business Description
Sunbelt Business Brokers of Baton Rouge presents this rare opportunity to own a nationally acclaimed historical restaurant & events venue housed in an iconic & historic building in New Orleans, LA. Every few decades a rare piece of architecture, history and thriving business comes to market that is available to acquisition, this is that opportunity. Located in America’s Culinary capital, New Orleans, LA, this rare opportunity can a crown jewel of any restaurant groups or private chefs’ operation. Restaurant is housed in a historic building with deep ties to the city of New Orleans and its history. Business and property have been featured in several national and international publications, television specials and more. Its notoriety stretches far past the city of New Orleans into many national and international circles.
Current owners are absentee and looking to pursue their energy into other projects they have operating. Business is primed for new ownership to expand its profitability and growth. Due to the business’s location, it can easily pick up tourist and local traffic alike. The ambiance and setting are unlike almost any other out there. To start a project from scratch like this would take millions to undertake, if even replicable. The venue can be multi-faceted in roles it can play and service. Customers currently come from all over the city and world when in town to visit. Current bookings are being turned away due to overflow and lack of support staff. An owner operator or strong manager in place could quickly handle this. Even without proper staff optimization business has sustained strong financial strength, even through the Covid-19 pandemic with a bright future ahead.
Act fast before this opportunity is off the market. Owners will consider all reasonable and serious offers. Owners are motivated to sell and can act fast. A non-disclosure statement (NDA) and financial form will be required to be completed before any information can be released. Contact us today before this great opportunity is sold.
About the Business
Number of Employees
20
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,000
About the Sale
Seller Motivation
Other Business Interests
Transition Support
Available
Listing Info
ID
2353613
Listing Views
647

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Brandon Bourgeois Sunbelt Business Brokers of Baton Rouge, New Orleans and The Florida P

Listing ID: 2353613 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.