MergerPlace

Sushi Restaurant & Bar with Real Estate

New Orleans, Louisiana (Orleans Parish)


  • Asking Price: Not Disclosed
  • Gross Income: $696,000
  • Cash Flow: $140,000
  • Real Estate: $1,200,000
  • Inventory: $5,500
  • FF&E: $88,000
  • Listing ID: #202611
  • Established: 2015
  • Employees: 13

Business Description

Looking for a thriving restaurant in the cuisine capital of the world? Look no further, this sushi restaurant is on a roll!!

The restaurant sits in the heart of uptown New Orleans, located in a highly upscale building, which is in excellent condition and is also included in the sale. With its prime location, loyal clientele, exquisite menu, and luxurious private rooms, this restaurant is perfect for anyone looking to expand into the commercial sector of New Orleans.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Louisiana
Metropolitan Area: New Orleans
County: Orleans Parish

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 13

Financial Information

Gross Revenue: $696,000
Cash Flow: $140,000
EBITDA: $140,000
FF&E: $88,000
Inventory: $5,500
Real Estate: $1,200,000
Seller Financing Available: Yes

Property Information

Facilities:

The restaurant is in the heart of Uptown New Orleans in a highly upscale building in excellent condition. The real estate is included in the sale; the location is approximately 8,000 square feet in size. The restaurant also offers private rooms for group events and large parties.

Growth & expansion opportunities:

In 2017, we expect to see a 41% growth in revenues and 25% growth in EBITDA.

Competition:

Regarding industry trends, Asian restaurants is one of the fastest growing categories in the U.S., though it’s very fragmented. As global economy improves, the U.S. will continue to flourish and families/individuals will have more disposable income, which should help the industry. Restaurants and bars will continue to be a sought-after type of business. Many of the restaurant's customers do carry-out, corresponding with the growing trend, as 61% of all 2016 restaurant visits were for to-go orders.

Reason for selling:

Seller is looking to pursue other investment opportunities.

Support & Training:

The Seller will offer training.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Michelle Seiler-Tucker

Capital Business Solutions