Asking Price: Not Disclosed Gross Revenue: $842,000Cash Flow: $170,000EBITDA: $170,000Inventory: $5,500 included in asking priceFF&E: $88,000 included in asking priceReal Estate: $1,200,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Located in the heart of uptown New Orleans, this restaurant includes in the sale a highly upscale piece of real estate in near perfect condition. The location is prime, the clientele is loyal, the menu is exquisite, and there are even private rooms for special events.
High profit fully staffed sushi restaurant in prime New Orleans location, beautiful upscale real estate, lots of room for growth!
Looking for a thriving restaurant in the culinary capital of the United States? Look no further, because this sushi restaurant is on a roll!
About the Business
New Orleans, Louisiana
Number of Employees:
Building Sq. Ft.:
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 8000 square feet in size. The restaurant also offers private rooms for group events and large parties.
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.
Growth & Expansion:
Sushi establishments have grown in popularity as a result of consumers' increased health-consciousness and disposable incomes. The industry has also been boosted by the expanding palates of American consumers, who are increasingly seeking out diverse ethnic cuisines, especially in urban areas. Over the five years to 2022, operating conditions are forecast to continue to improve. As consumers' disposable incomes increase, demand for sit-down restaurants is anticipated to follow suit.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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