Price Reduced - Owner will consider a small seller financed portion to show faith in the businesses.
2021 Cash Flow projected and on pace to be between $85,000-90,000K
2020 Cash Flow was $78,000.
That's a $7,000-$15,000 increase in cash flow from 2020 for 2021!!
Owner is ready to show you how profitable this business is and how it just keeps growing. Restaurant has full alcohol licenses/permits but only serves limited amounts of beer and wine. Business could easily increase revenue with adding liquor and increasing beer and wine options. Additional space available to renovate if more catering/prep is desired. Space not currently an issue.
Sunbelt Business Brokers of Baton Rouge presents this New Orleans high margin and thriving sandwich shop/restaurant business for sale! Business not only survived but thrived during the Covid-19 pandemic! Profitability didn't take a hit at all. UPDATE FOR 2021: RESTAURANT IS ON PACE TO HIT RECORD HIGHS FOR PROFITS AND SALES EVEN AFTER A PROFITABILITY INCREASE DURING THE COVID-19 PANDEMIC! This is due to a boom in takeout orders and continued steady growth of the restaurant's customer base! Now is a time to buy and take advantage of booming sales! Restaurant is an excellent owner operator opportunity with key employees in place ready to take on more management responsibilities. Shop has very low overhead and is easy to run. Business occupies a leased space of approximately 1,200sqft with a great lease rate in place. Restaurant has seating both inside and outside. Business is located in a popular area on a very high traffic street in the "Uptown" area of New Orleans, LA. Restaurant is established and has been set up and primed for a new owner to step in with little to no issue. This is as key turn as it gets. Most of the staff has been with the business a long time and are thoroughly trained. This could be an excellent owner operator acquisition or portfolio builder for a restauranteur.
Owner has decided to sell due to family reasons. Owner is highly motivated to sell and will seriously consider all prompt and reasonable offers. Seller will help train and transition new owner into this easy to own and operate together. Contact us today for more information on this busy high margin sandwich shop/restaurant for sale. Come taste the great food and be amazed by the profitability and operation of this hidden gem in Uptown New Orleans! Be impressed and make an offer today!
Seller Reference #BATONLA001-N3413
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