Operator / Owner

New Orleans, LA

Seller Financing Available

listing image
Asking Price:$400,000
Gross Revenue:$500,000
Rent:$2,775/Month
Established Year:2010
Cash Flow:$169,000
Inventory:$5,000
FF&E:$50,000
BUSINESS DESCRIPTION

Seeking Local Operator

Seeking an up an coming entrepreneur to continue operations in 15 year established brick and mortar pandemic surviving business. Ideal candidate is a local who has the means to invest, desire to learn, and humbleness to lead the operation.

This opportunity includes 1 on 1 training with the Founder of Wakin Bakin who will mentor the new operator from applicable basic cooking techniques, soft skills / employee management to account management. This coaching service is included in asking price, and will be customized to fit the new operators needs.

New owner will receive continued support from French Quarter commissary to lower costs ensure a streamlined profitable operation.

Ideal candidate will have the desire to continue our work with at risk youth, and quality of life practices for employees as well as other local sustainability practices.

Flexible terms, for serious candidates. The goal is to match with someone who is eager to view this opportunity as vehicle for them to learn. Who understands and respects this as a series of systems and processes that enrich the local neighborhood.


DETAILED INFORMATION
Location
New Orleans, LA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
01/01/2027
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Buyer will have the support and oversight of restaurant group, looking for an individual to run operations as we expand. Lease-auto renewed, good relations with landlord.
Competition
Unique to the market.
Growth & Expansion
As we grow we are searching for reliable go-getters who are looking to run an established business.
Financing
2-5 year option with 50% down.
Support & Training
We can train on all aspects of running and operating this business, details upon request. Crew is fully trained, operation is a turn-key.
Reason for Selling
Refocus on brand expansion away from daily ops/ keep the brand well grounded .
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Conrad Chura
Conrad Chura