New
Restaurant For Sale Metairie, Louisiana
Duran Advisors presents this restaurant for sale in Metairie, Louisiana. The restaurant has been in business for over five years in the heart of Metairie. The owner has been in the restaurant industry for several decades and is ready to retire. The restaurant boasts a plentiful menu with an array of dishes the locals love! The business is not tied to a franchise, so it's a good fit for a buyer to come in and make it their own. The current owner is in the business daily. That position will need to be filled with a new hire. The restaurant is located in a ~4,000 sq. ft. space that is currently leased for $6,400. A Digital Confidential Information Memorandum and a Matterport Virtual Reality 3-D scan are available to fully disclosed buyers for review as well as available for disclosed parties.
Come and taste the local flavors of this great restaurant and meet the owner!
For more information, please contact the listing agent, Joel Duran, at (504) 321-0196.
Listed By: Joel Duran, CM&AA, CM&AP, CEPA, CAIM, CMSBB
Background information
Reference:
NOLA-0088
Year established:
2019
Reason selling:
Retirement/Health
Finance
Sales:
$950,000
Operations
Employees:
Full-time: 12 Part-time: 0
FF&E:
$150,000
Inventory:
$20,000
Premises
Facility:
The restaurant has ample seating for guests and parties of all sizes. It boasts a beautiful buildout with a large bar that runs the length of the facility.
Square footage:
~4,000
Rent and lease terms:
The space is currently leased for $6,400 monthly with 4 five-year options.
Location:
The business is centrally located in the heart of Metairie.
Price and terms
Training:
The owner will train a buyer for two weeks and then be available by telephone if needed.