LOUNGES
LISTING #:  08024
BROKER:   Karen Doss
BUSINESS TYPE:  Lounge / Bar
LOCATION:  French Quarter
ESTABLISHED: 2006
EMPLOYEES: 1 Fulltime,  Part-Time
REASON FOR SALE:  Opening an additional bar
DESCRIPTION:  Rare opportunity to purchase French Quarter bar and grill located in prominent high-traffic area on Decatur Street. Recent renovations include a partially finished second floor apartment/studio that can be rented out for additional income as well as several equipment upgrades. Seating for 50 plus room for live entertainment. Purchase includes bar stools, tables and chairs, grill, fryer, stove, freezer, prep table cooler and ice machine.
ASKING PRICE: $108,000 FF&E: $72,500

ANNUAL RECEIPTS:$180,000

RENT: $5,000
NET PROFIT: $25,000 PAYROLL: $600
DOWN PAYMENT: $TBN INVENTORY: $2,500
 
LISTING #:  08018
BROKER:   Mark Scyster
BUSINESS TYPE:  Lounge / Bar
LOCATION:  Westbank
ESTABLISHED: 1997
EMPLOYEES: 1 Fulltime, 3 Part-Time
REASON FOR SALE:  Retirement
DESCRIPTION:  Westbank bar for sale! Excellent high traffic location next to popular restaurant and hotel.  Solid video poker numbers.  Priced to sell quickly.
ASKING PRICE: $110,000 FF&E: $10,000

ANNUAL RECEIPTS:$110,000

RENT: $2,100
NET PROFIT: $85,000 (includes VP) PAYROLL: $1,500
DOWN PAYMENT: $TBN INVENTORY: $1,000
 
 

Sunbelt Business Brokers
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Suite
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504-828-1515
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