Listing Id Number: CGLA 001310
This well-loved and well-known restaurant has been growing consistently, producing over $400,000 in revenue in 2024 ($422,077) by word of mouth alone, with no marketing efforts other than Facebook organic posts (no website, no paid ads, no signs on the interstate), and despite the fact that the restaurant is fairly new (2+ years)
The current owners are selling because they are moving out of state.
- Asking Price: $95,000
- Revenue: $422,077
- FF&E: Included in the asking price
- No. Employees: 9
- Location: St. Tammany Parish
Business Overview
Location is phenomenal. Prime location in the middle of the most social area of town and the corner of the busiest business district in town, close to an interstate and close to a major development in the area that will significantly increase foot traffic and customers count for the restaurant.
Due to its location (and the quality of food / staff) the business is consistently growing despite the fact that the restaurant is only open part time (4 1/2 days) (awesome growth potential by simply increasing operating hours to regular 7 days a week) The competition is almost nonexistent in the area itself.
- Facilities:
- The building is beautiful and extremely spacious with several separate rooms used for different purposes appealing to a large variety of customers, and a huge potential for increased sales. All furniture in great condition. Gorgeous fully stacked bar. Great patio extremely popular with the guests when the weather is nice. The atmosphere is a mix of familiar and high end vibe.
- Competition:
- The restaurant is growing in popularity and customers are getting more and more aware of the additional services offered, which translates in increased revenue consistently (word of mouth alone). The food offered is somewhat unique in an area where most restaurants are chain type ( this restaurant is local.) and most customers are becoming regulars. There is a new development in the area that should be completed soon that will significantly boost traffic in the area providing an additional segment of population that will be exposed to this restaurant.
- Growth & Expansion:
- The restaurant has several significant opportunities for growth. First few are:
- *increase operating hours from 41/2 days / week to 7 days a week.
- *add signage on the nearby busy interstate
- *create a website where customers can order take out, book events and become aware of everything this restaurant has to offer
- The main opportunities for significant growth are specific to this location and are available per request only.
- Support & Training:
- Transitional training available for 10 business days after purchase.
- Reason for Selling:
- The current owners are moving out of state.
