Sushi Restaurant & Bar With Prime Real Estate

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Asking Price:
 Not Disclosed

Gross Revenue:
$700,000
Cash Flow:
$220,000
EBITDA:
$220,000
Inventory:
$5,500
included in asking price

FF&E:
$88,000
included in asking price

Real Estate:
$1,200,000
included in asking price

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Business Description

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

Location:
New Orleans, Louisiana
Year Established:
2015
Number of Employees:
13
Real Estate:
Owned
Building Sq. Ft.:
8,000
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 8000 square feet in size. The restaurant also offers private rooms for group events and large parties.
Market Outlook/
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.
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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About the Sale

Reason For Selling:
Seller is looking to pursue other investment opportunities.
Training/Support:
The seller will offer training.
Seller Financing:
Seller financing available depending on the offer.

Listing Info

ID:
1429506
Ad Detail Views:
916

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Business Listed by

Lester Waldmann

Seiler Tucker Incorporated

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Sponsoring Broker:

Michelle Seiler Tucker M&AMI, CSBA, CBB
Seiler Tucker Incorporated

U.S. Census Data for Jefferson Parish and Orleans Parish, LA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Jefferson Parish and Orleans Parish, LA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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