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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 |
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:
downsizingAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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