Business For Sale Listing 148832
Retro Bar & Grill in New Orleans
Status as of Nov-19-2008 at 06:00 PM: Active
Business Summary
The Company was established in 2005. The current owners purchased the property in 2003 and finished construction in May of 2005. The restaurant offers traditional tavern favorites including cheese fries, onion rings, and chicken tenders. The menu also includes salads, specialty sandwiches, and grilled chicken and steak meals. There is a large full service bar that features wines, beer and freshly blended fruit daiquiries.
Included in the Asking Price:
Furniture, Fixtures & Equipment: $40,000
NOT Included in the Asking Price:
Inventory: $10,000
Facilities: The company owns the current facilities that the bar & grill operate in. The building is in excellent condition and consists of a very spacious 2200 sq foot area with outdoor seating. The restaurant seats 49 patrons with plenty of available room for parking in an off street lot. The building was designed to resemble an old gas station. The present owners were considering the construction of a drive-thru area and have already been approved by the city of New Orleans.
Financing: The owner is willing to finance with 50% down for 3-5 years at 8%
Support/Training: The sellers will train the new owner for a period to be agreed upon.
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