Sushi Restaurant & Bar With Prime Real Estate
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.
| PRICE: | $1,300,000 |
| REVENUE: | $696,000 |
| EBITDA: | $140,000 |
| LOCATION: | The restaurant is in the heart of Uptown New Orleans in a highly upscale building in excellent condition. |
| INDUSTRY: | Restaurants |
| LISTING #: | 3264 |
| LISTED BY: | Michelle Seiler Tucker |
| REVENUE: | $696,000 |
| EBITDA: | $140,000 |
| SELLER FINANCING: | Yes |
| PRICE: | $1,300,000 |
| DOWN PAYMENT: | Undisclosed |
| LENDER PREQUALIFIED: | Yes |
| YEARS IN BUSINESS: | 2 |
| INVENTORY: | $5500. Included in Asking Price |
| ACCOUNTS RECEIVABLE: | |
| FF&E: | 88000 |
| REAL ESTATE PRICE: | 1200000 |
| REAL ESTATE INCLUDED: | Yes |
| FACILITIES: | 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. |
| LEASE TERMS: | |
| IP: |
| REASON FOR SELLING: | Seller is looking to pursue other investment opportunities. |
| TRAINING PERIOD: | 2 Months |
| RELOCATABLE: | No |
| NO OF LOCATIONS: | 1 |
| EMPLOYEES: | 13 |
| CONTRACT STAFF: | |
| MANAGEMENT TEAM: | Yes |
| PARTNERS: | Yes |
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.
Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.