Sushi Restaurant & Bar With Prime Real Estate

New Orleans, LA (Orleans County)

Seller Financing Available
Sushi Restaurant & Bar With Prime Real Estate
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Asking Price: N/A

Cash Flow: $170,000

Gross Revenue: $842,000

EBITDA: $170,000

FF&E: $88,000

Inventory: $5,500

Real Estate: $1,200,000

Established: 2015

Sushi Restaurant & Bar With Prime Real Estate

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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!

Detailed Information

Location:
New Orleans, LA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
8,000
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
Financing:
Seller financing available depending on the offer.
Support & Training:
The seller will offer training.
Reason for Selling:
Seller is looking to pursue other investment opportunities.
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Lester Waldmann

Business Listed By:
Lester Waldmann

Seiler Tucker Incorporated

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Sponsoring Broker:
Michelle Seiler Tucker M&AMI, CSBA, CBB

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