You have found the perfect business idea, and now you are ready to take the next step. There is more to starting a business than just registering it with the state. We have put together this simple guide to starting your sushi restaurant. These steps will ensure that your new business is well planned out, registered properly and legally compliant.
STEP 1: Plan your Business
A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:
What are the costs involved in opening a sushi restaurant?
The start-up costs can vary depending on whether you are leasing or purchasing land. If you are leasing land, a median assumption of cost for starting your restaurant is $280,000. The largest parts of this are $140,000 to construct a building, $75,000 for kitchen and bar equipment, and $20,000 for the technology to process orders and payments. It may cost $20,000 or more to provide the relevant furniture you need. Other assorted costs include about $10,000 for your initial food and drink supply and about $12,000 on relevant insurance, licenses, and permits. The first month of utilities will be about $3,000.
What are the ongoing expenses for a sushi restaurant?
Your exact ongoing expenses will vary based on factors such as restaurant location, size, and amount of staff. For instance, you may be paying a $10,000 a month lease, $2,500 a month in utilities, $8,000 a month in food and beverages, and $10,000 a month for the salary of a small staff.
Who is the target market?
It’s a bit obvious, but your best customers will be those who love sushi. These are the customers who will best appreciate the diversity of your menu and the care with which you create the sushi. Additionally, these customers will typically be your best word-of-mouth advertisement.
How does a sushi restaurant make money?
A sushi restaurant makes money by charging customers for the act of preparing and serving sushi. Your restaurant may also make money by selling other dishes and/or selling alcohol.
How much can you charge customers?
While the exact prices may vary, a normal roll of sushi costs an average of $6.50, whereas specialty rolls are an average of $12.60. If your restaurant charges alcohol, those prices will vary based on alcohol type, alcohol amount, and alcohol brand.
How much profit can a sushi restaurant make?
The average profit of a restaurant is a little over $82,000. With that being said, your own profit may be much greater if you offer unique dishes and experiences that your community cannot find anywhere else.
How can you make your business more profitable?
Don’t be afraid to enhance your menu with more dishes, seasonal variations, and signature foods to bring in more customers. Try to throw special parties throughout the year that correspond to national and community events. Finally, try to enhance the services you offer: being willing to offer the sushi equivalent of “curbside to go” for call-in orders will help you get many more customers.
What will you name your business?
Choosing the right name is very important. When registering a business name we recommend checking if the business name is available in your state, federally by doing a trademark search, searching the web, and making sure the name you choose is available as a web domain to secure it early so no one else can take it.
About Piofront
Piofront Japanese Restaurant consulting group is a group of skilled industry professionals with expertise in Japanese recipes and management Services. We are the best Restaurant management company in Shizuoka, Hamamatsu, Japan.
Our team of experts with major qualifications in Japanese recipe making, Restaurant training, Restaurant management, Restaurant menu designing and event planning can help you in the growth and development of your restaurant.
Piofront helps you to open Japanese Restuarant in Japan, USA, Canada, Philippine, China, South Africa, Portugal, Australia, France, United Kingdom, New Zealand, and Dubai. Chat with us & make an appointment.
Address: Shizuoka-ken, Hamamatsu-shi Naka-ku Shijimizuku 2-13-17, Japan
Zip Code: 432-8018
Email: info@piofront.com
Piofront – Japanese Restaurant Consultant | Restaurant Management Consultant | Restaurant Management Company | Sake Import | Japanese Restaurant Menu | How to open a Japanese restaurant?
STAY TUNED
Copyright Piofront. All Rights Reserved.
Good article.