Food
Salt Bae Backers Seek a Partner and a $1 Billion Valuation
- Ferit Sahenk, Nusret Gokce and Mithat Erdem own Nusr-Et diner
- Valuation on Nusr-Et steakhouse could reach $1 billion or more
Nusret Gokce, known as Salt Bae, adds salt to gymnast Simone Biles’s meal in 2017.
Photographer: Stuart C. Wilson/Getty ImagesThe owners of the Nusr-Et steakhouse, known by its founder chef’s meme Salt Bae, are considering selling a stake in the business, according to people with knowledge of the plans.
Turkish billionaire Ferit Sahenk, and co-founders Nusret Gokce and Mithat Erdem, may sell a combined stake or an individual holding to one or a group of investors, the people said, asking not to be identified because the talks are private. There’s been strong interest from international investors and a financial adviser is assessing potential bids, they said.