Business Idea

Start A Japanese Restaurant

About

Starting a Japanese restaurant requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell japanese restaurant, or selling japanese restaurant online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a Japanese restaurant ➜

Key stats

market size
$863B
revenue (monthly)
$1.8M
starting costs
$64.2K
gross margin
9%
avg product price
$19
time to build
8 months
growth
Word of mouth
business model
Software
time investment
Full time

About

Starting a Japanese restaurant requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell japanese restaurant, or selling japanese restaurant online, you can use this page as a guide for everything you'll need to know.

Want to learn more? You can check out our full guide on how to start a Japanese restaurant ➜

Key stats

market size
$863B
revenue (monthly)
$1.8M
starting costs
$64.2K
gross margin
9%
avg product price
$19

 

time to build
8 months
growth
Word of mouth
business model
Software
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $750 $7,000
Employee & Freelancer Expenses $151 $352
Equipment & Supply Expenses $566 $5,700
Website Costs $303 $7,215
Business Formation Fees $5,600 $20,400
Retail Business Expenses $1,250 $11,650
Inventory Expenses $350 $14,750
Food Business Expenses $2,425 $37,400
Software Expenses $162 $3,094
Advertising & Marketing Costs $75 $5,286
Other Expenses $0 $800

Successful Businesses

Business URL Rank
Gyu-Kaku Japanese BBQ gyu-kaku.com #239,784
Blue Sushi Sake Grill bluesushisakegrill.com #366,507
Zuma zumarestaurant.com #408,538
OKAMI RESTAURANT okamirestaurant.com.au #443,538
RA Sushi, Bar & Restaurant rasushi.com #494,327
Kura Revolving Sushi Bar kurasushi.com #523,415
Mikuni Sushi mikunisushi.com #566,730
n/naka n-naka.com #600,055
Sushi Den sushiden.net #639,925
SAVOR JAPAN savorjapan.com #713,889
Yamashiro yamashirohollywood.com #825,017

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Meaningful business connections You never know who you will meet as a Japanese restaurant. This could be the start of an incredible business opportunity!
High customer retention rates Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.
Unlimited income potential With starting a Japanese restaurant there is no cap as to how much income you can make. The stronger your business skills and the more energy/time you put into your career, the more you'll make.
Amazing perks and discounts Working in the Japanese restaurant comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.
Predictable income stream Your businesses income stream tends to be predictable based on the number of customers you have signed up. This makes financial planning and outlooks much more seamless!
Cons Description
Motivation of employees If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.
Low margins The gross margins for your Japanese restaurant are typically around 9%, which can make it more challenging to incur new expenses and maintain profitability.
Taxes As a Japanese restaurant, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
Niche Market A niche business is not necessarily a bad thing, in fact, it can be the key to your success. However, it can be more challenging and time consuming to find the perfect niche market and target audience.
High overhead expenses With starting a Japanese restaurant, there are overhead expenses that come with selling a physical product. You will want to make sure you strategically budget for these overhead costs. We discuss this more in the startup costs section below.
You may need to charge sales tax If you are selling your products in various states, you may be required to charge sales tax. Although this may not impact your financials specifically, it can be a headache to create a process and procedure for this. To learn more about sales tax, check out [this article](https://www.thebalancesmb.com/do-i-need-to-collect-sales-taxes-in-my-state-398913)

Marketing Ideas

  • 1

    Direct Sales

    Direct sales strategy implies a direct contact between a seller and a consumer without the involvement of any third party. Direct selling is popular in sectors where sellers communicate with their clientele personally. The sales technique occurs at non-store locations which include at home, work, or online.

    For direct selling to succeed, hire a few (or many) salespeople to support the sales conversion process. It's critical that you assign them specific roles and responsibilities to nurture the client and provide excellent support.

  • 2

    Word of mouth

    Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.

    Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.

    According to Nielsen, 92% of people trust recommendations from friends and family.

    Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

  • 3

    Partnerships

    A partnership is a formal agreement between two or more entities to oversee business operations and share profits and liabilities.

    Creating strategic partnerships with an existing business can be a huge win for a startup.

    This is considering that a partnership creates a new slate of future options for your startup.

    On the other side, pursuit of partnerships could suck up a ton of time, and bunch of resources, and fail to materialize.

    Therefore, entrepreneurs need to do proper research and evaluate the possibilities of achieving success through partnerships.