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Iconic Event Venue & Restaurant in Historical Prime Location

New Orleans, LA

Restaurants & Food

Iconic Event Venue & Restaurant in Historical Prime Location

Asking price

$500,000

Cash flow (TTM)

$117K

Reported by seller

Revenue (TTM)

$2M

Reported by seller

Inventory

Private

Released after NDA

EBITDA (TTM)

$117K

Reported by seller

ScoutSights · Computed insights

The narrative

A look inside Iconic Event Venue & Restaurant in Historical Prime Location.

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.

The fine print

Detailed information.

IndustryRestaurants & Food
Real estateLeased
LocationOrleans Parish, LA
Year establishedNot disclosed
Lease expirationNot disclosed
Monthly rentNot disclosed
FF&ENot disclosed
Growth & expansionNot disclosed
Support & trainingNot disclosed
Contact number
Email

BizScout Score

How this listing scores against everything else on BizScout.

An at-a-glance read on listing quality. Higher means the deal is well-priced, the financials look healthy, and the data is well-documented. A low score often means the seller hasn’t shared enough data yet, not that the deal is bad.

63
BizScout Score
0 · Poor50 · Fair75 · Good100 · Excellent

Why this score?

Historical comps

How this asking price compares.

Compare this listing against same-industry asking prices in the BizScout listings database — peer percentiles, sector asking-price multiples, and the 18-month asking-price trend.

Recent comparable sales

Industry context

The industry this business sits in.

Size, momentum, structure, and where the risk concentrates.

Location & catchment

Orleans Parish, LA

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

The case for this acquisition.

Scannable cards on owner involvement, asset transfer, revenue quality, and other deal-shaping signals pulled from this listing.

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Asking price

$500,000

View on BizScout