Iconic Event Venue & Restaurant in Historical Prime Location

Listing Number: 24876-277295

Listing Details

Iconic Event Venue & Restaurant in Historical Prime Location
Price: $500,000
Location: Orleans Parish, Louisiana
  • Down Payment: $500,000
  • Sales: $1,506,857
  • Seller's Discretionary Earnings: $117,095
  • Inventory: $20,000
  • Furniture, Fixtures, and Equipment: $400,000
  • Employees: 18
  • Year Established: 2014
  • Reason for Selling: Downsizing

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For More Information About This Listing
Seth Pellerin

Business Description

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.