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Orleans Parish County, Louisiana
Iconic Event Venue & Restaurant in Historical Prime Location
Asking Price
$500,000
Revenue
Call/Email
Down
$500,000
Cash Flow
Call/Email
Name: Seth Pellerin
Name
Seth Pellerin
Description
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.
https://tworld.com/locations/Louisiana/gulfcoast/listings/Iconic-Event-Venue-Restaurant-in-Historical-Prime-Location
Business Details
Year Established:
2014
Employees:
18
FE&E:
$400,000
Reason for sale:
Downsizing
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
24876-277295
Sales:
$1,506,857
Seller's Discretionary Earnings:
$117,095
Inventory:
$20,000
Posting Information
Posting ID:
ID tw:83363 / Listing Number 24876-277295
Business Category:
Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Iconic Event Venue & Restaurant in Historical Prime Location
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*83363
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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