NEW ORLEANS, Louisiana
| Asking Price |
$800,000 |
Year Established |
1999 |
|
| Annual Revenue |
$2,290,904 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Jeffrey Ye |
|
| Annual Cash Flow |
$491,710 |
Listing Number |
1018925 |
|
| # of Employees |
16 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Established Japanese Restaurant - Prime New Orleans Location
This well-established upscale Japanese restaurant has been serving the New Orleans market since 1999, operating from a strategically located 8,000 square foot freestanding building in a high-traffic tourist corridor. The business maintains an excellent reputation and benefits from consistent patronage split evenly between local residents and tourists.
Facility & Operations:
- 150-seat indoor dining capacity with full-service sushi and wine bar
- Dedicated private party room for special events and group dining
- Comprehensive catering services expanding revenue opportunities
- Ample parking facility enhancing customer convenience
- Streamlined menu design optimized for operational efficiency
Financial Investment & Assets:
- Current ownership invested $1.4 million in 2018 acquisition and improvements
- $1.2 million in comprehensive renovations and $200,000 in furniture, fixtures, and equipment
- Transferable liquor license included with sale
- Wine sales contribute 10-15% of total revenue
Operational Strengths:
- Stable, experienced staff team ensuring consistent service delivery
- 25-year operational history demonstrating market resilience
- Simplified operational model facilitating management transition
- Established customer base with strong repeat patronage
- Strategic location capitalizing on both residential and tourism markets
Growth Opportunities:
- Enhanced marketing initiatives to increase market penetration
- Expanded cuisine offerings to broaden customer appeal
- Improved customer engagement strategies
- Underutilized marketing potential presents significant upside
This turnkey operation presents an exceptional opportunity for an experienced restaurateur to acquire a profitable, well-positioned establishment with substantial growth potential. The current managing partner seeks retirement, creating an opportunity for seamless ownership transition of this premium Japanese dining destination.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity