Golden Lantern bar in French Quarter available for sale
A longtime bar in the French Quarter is looking for a buyer as it struggles through the COVID-19 pandemic.
CityBusiness staff photo
The Golden Lantern, located at 1239 Royal St., is up for sale at $900,000, according to a listing in the Louisiana Commercial Database.
The bar, opened in 1964, is trademarked and legally licensed in Louisiana as the official “Home of Southern Decadence.” The new owner would pick up the current lease at $6,400 per month, the listing said.
Business broker Russell Bernstein of KW Commercial said the name, trademark, furnishings and equipment would be included in the sale. The building is not available for purchase, and the bar would remain open, he added.