Ob_grille

Established Fine Dining Restaurant with Real Estate

Located in the greater New Orleans area, this fine dining restaurant and daiquiri bar sits in one of the greatest cities for cuisine. For many years, this restaurant has served incredibly delicious Cajun and Creole inspired steak and seafood dishes that has earned it a very loyal client base that continues to grow. Included with the sale of the business also comes the real estate that houses the restaurant. The building is in excellent condition with a size of 4320 square feet, and has parking available for 29 vehicles. This great opportunity can help you start or expand into the world of fine dining.

PRICE: $595,000
REVENUE: $1,100,878
EBITDA: Undisclosed
LOCATION:
INDUSTRY: Restaurants
LISTING #: 3322
LISTED BY: Michelle Seiler Tucker
FINANCIAL INFORMATION
REVENUE: $1,100,878
EBITDA: Undisclosed
SELLER FINANCING: No
PRICE: $595,000
DOWN PAYMENT: Undisclosed
LENDER PREQUALIFIED: Yes
ASSETS
YEARS IN BUSINESS: 10
INVENTORY: $ 10,000, included in the price
ACCOUNTS RECEIVABLE:
FF&E: $ 47,000
REAL ESTATE PRICE:
REAL ESTATE INCLUDED: Yes
FACILITIES: The real estate is located in New Orleans’ West Bank. The building is in great condition, and is currently housing a fine dining restaurant. The size of the building is 4,320 square feet, and is fitted with a state of the art commercial kitchen. The real estate also comes with available parking space with the capacity to hold 29 vehicles.
LEASE TERMS:
IP:
ADDITIONAL INFORMATION
REASON FOR SELLING: The owner is retiring
TRAINING PERIOD: 2 Weeks
RELOCATABLE: No
NO OF LOCATIONS: 1
EMPLOYEES: 16 full-time employees
CONTRACT STAFF:
MANAGEMENT TEAM: No
PARTNERS: No
GROWTH POTENTIAL & MARKET NOTES

The restaurant is located in the greater New Orleans area. The market for food services continues to grow in New Orleans, which is known for its great Cajun and Creole cuisine.

The restaurant has a loyal customer base, and can expand into more locations around the city where the name and reputation of the restaurant is known.

SEILER TUCKER AND M&A ASSOCIATES

Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.