Buy a Ethnic Restaurant with Apartment in Louisiana, United States business opportunity for USD $175,000.00. Buy a business

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Ethnic Restaurant with Apartment Business For Sale
USD $175,000.00
Listing ID: 2506 | Our Ref: Unspecified | Agent: 148
Business & Financial Summary
Description:
This very popular restaurant has established a large and loyal following in a short period of time. Restaurant serves delicious ethnic food in a wonderfully decorated eating area that seats approximately 140 customers. Business has loyal cooks and employees who will continue the terrific service that patrons have come to know and rely on. Building measures approximately 5,000 sq ft and has an available apartment upstairs that can be occupied by an owner operator. In addition to an extensive menu, restaurant has great drinks, live music on occasion, and extraordinary events which give the restaurant a niche in its community. Business is located in the affluent area of the New Orleans North Shore in Louisiana. This community is known for its great schools, abundance of entertainment, and terrific housing, many with large acreage lots. It is a great place to live and raise a family. Seller is relocating and can no longer run this beloved restaurant. Seller is highly motivated and is open to substantive offers. Seller will train the new owner on this very easy to own and operate business. Seller will seriously consider and promptly respond to all reasonable offers. Come see this popular ethnic restaurant in a wonderful location, taste the food, meet the owner, make offer. 
Asking Price:
USD $175,000.00 
Our Ref:
Unspecified
Terms of Sale:
Unspecified 
Revenue (Income):
USD $504,000.00 
Net Profit (Cash Flow):
Undisclosed  
Time Established:
2010 
No. of Employees:
Full-Time Employees: 8, Part-Time Employees: 6 
Reason for Sale:
Relocation 
Owner Financing:
No 
Business Assets
Value of Fixtures/Fittings:
USD $150,000.00 
Value of Stock/Inventory:
USD $15,000.00 
Real Estate Info
Property Type:
Leasehold 
Leasehold Rent:
Undisclosed 
Size (Sq meters or feet):
5000 sq ft 
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All information in this listing has been submitted by the business seller or representative stated above. Simply.Biz has no stakehold in the sale of this business, has not independently verified any of the information about the business or the listing, and assumes no responsibility for its accuracy or completeness. Please read our Terms & Conditions before responding to any ads.