Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$151

$352

Website Costs

$223

$7,215

Business Formation Fees

$5,600

$20,400

Equipment & Supply Expenses

$66

$700

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

Total Startup Costs

$10,302

$107,847

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

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!

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