Description:
Two excellent restaurant franchise businesses for sale. The first location is in the historic New Orleans French Quarter. This location is very popular in a heavy tourist traffic area. Second location is in an affluent area of the New Orleans North Shore, Louisiana, in a spot that sees a lot of pedestrian and walk-in foot traffic. Restaurants offer classic big city diner experiences accented with traditional New Orleans dishes and adds an art-deco spin with clean lines, leather furniture, bright chrome, and soft lighting. Complete staff is already in place with professional management to assist in an easy transition. Additional franchise development rights with protected Parish guarantees are also available. Locations can be purchased separately at $865k for New Orleans and $475K for North Shore location. Real estate is included in both sales.
Seller has other business interests and is highly motivated to sell these very popular restaurant franchises for sale as well as the franchise development rights. Seller and franchisor will train the new owner on these very easy and fun to operate businesses. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Seller will consider some seller financing for a qualified buyer with a reasonable down payment. Come see these very successful franchised restaurants for sale, meet the owner, make offer.
Asking Price:
USD $1,340,000.00
Our Ref:
BatonLA001-N1938
Terms of Sale:
Unspecified
Revenue (Income):
USD $3,582,000.00
Net Profit (Cash Flow):
USD $490,000.00
Time Established:
2011
No. of Employees:
98
Reason for Sale:
Other Business Interests
Support & Training:
Available
Owner Financing:
Yes
Finance Available:
Value of Fixtures/Fittings:
USD $285,000.00
Value of Stock/Inventory:
USD $50,000.00