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  • RE:  Iconic Event Venue & Restaurant In Historical Prim
  • Contact:  Seth Pellerin

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,506,857
Net Profit: Not Disclosed
Cash Flow: $117,095
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 18
BBN Listing #: 988619
Broker Reference #: 24876-277295

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Business Overview:

This well-established special event venue, restaurant and catering business presents an exceptional opportunity for a new owner to take over a thriving and highly respected operation. Located in a historical and architecturally stunning building in the Greater New Orleans area, this award-winning venue is a sought-after destination for weddings, corporate events, galas, and private parties.
Business Highlights:
• Diverse revenue streams from event rentals, full-service catering, and a restaurant currently serving breakfast and lunch, providing multiple income opportunities throughout the entire year.
• Ability to host multiple events simultaneously, maximizing revenue potential and ensuring a steady flow of bookings for wedding ceremonies, receptions and dinners, corporate receptions, luncheons and dinners, fundraisers, and social gatherings.
• Strong brand recognition with a well-established presence in the Greater New Orleans market, attracting both local and destination clients seeking a unique venue for their special occasions.
• Peak revenue periods driven by high-demand seasons such as holiday events, corporate gatherings, and Mardi Gras celebrations, ensuring strong profitability during key months.
• Loyal customer base with high repeat business, including annual school galas, corporate clients, and a steady stream of restaurant patrons who return for the quality food and service.
• Significant growth potential, including expanding restaurant hours to include dinner service, adding bar offerings, or implementing a to-go catering program.
• Experienced management team in place, including full-time chefs, a front-of-house manager, and a sales director, allowing for a smooth transition to new ownership.
• Prime location in the Greater New Orleans area, with excellent accessibility, high visibility, and proximity to key business and cultural districts, attracting a steady mix of event clients and restaurant guests.

This is a rare opportunity to acquire a well-established, award-winning event and catering business with a strong foundation, proven success, and numerous avenues for expansion.

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Reason for Selling:

downsizing

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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