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Sushi Restaurant & Bar With Prime Real Estate for sale in New Orleans, LA

New Orleans, Louisiana (LA)

Asking Price: Gross: Cash Flow:
Undisclosed $ 696,000 $ 140,000

Inventory Value:
$ 5,500 (included in the asking price)

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

Business Summary:
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.

 

   
Year Business was Established: 2015
   
Number of Employees: 9 FT - 4 PT  
   
Facilities / Terms of Lease: 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.  
   
Potential Growth/Expansion: 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 itís 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.  
   
Owner willing to finance: Seller financing available depending on the offer.  
   
Owner willing to train: The Seller will offer training.  
   
Reason for selling: Seller is looking to pursue other investment opportunities.  
   
Seller Reference Number: 3264
BusinessMart.com Listing Number: 217161
 

 

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For more info contact:

Roberta Caputo

Capital Business Solutions
954-596-8060

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