What should I weigh between buying a sushi restaurant and opening a new one?
Buying an existing sushi restaurant can come with a trained team, supplier accounts, regulars and a fitted kitchen, each of which you need to confirm, while opening new lets you choose the location, concept and layout. Weigh what you would be inheriting against what you would be building, and test whether the current sales will stay after the sale.
Anyone who wants to run a sushi restaurant faces the same early choice: take over a room that already operates, or build one from nothing. Neither path is better in general. The useful step is to list what each one gives you and what it asks of you, then match that list to your own experience, savings and patience.
What an existing restaurant gives you
An existing room usually comes with a kitchen already fitted for raw fish, a trained team, supplier accounts and customers who already know the place. You also get operating records to study. Ask which of those pieces are truly transferable, because chefs and suppliers are people who can say no to a new owner.
What a new opening lets you choose
Opening new lets you pick the neighbourhood, the style of service, the menu and the layout. You are not tied to someone else’s habits, equipment or reputation. It also means building a team, finding suppliers, and waiting for regulars to appear. Ask people who have opened restaurants what took longest, and listen to the pattern.
Test whether sales will stay
If you lean toward buying, ask how much of today’s business belongs to the owner or the head chef personally. Visit at different times, read reviews with a sceptical eye, and ask for sales by channel over a long stretch. Ask the seller how long they would stay to introduce you to regulars and suppliers.
Match the choice to you
Think about your own strengths. Someone who has managed kitchens may prefer a blank page, while someone new to the trade may value a working system. Talk with your accountant and lender about how each path would be financed, and read what to check when buying a restaurant before deciding how far to take the search.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuideBuying a catering business in Canada
- GuideBuying a retail bakery in Canada
- GuideBuying a butcher shop in Canada
- Expert answerWhat food licences and inspection rules should a buyer check before buying a bakery in Canada?
- Expert answerIs buying an existing fast food franchise cheaper than opening a new one?
- Expert answerWhat should I do in the first months after buying a sushi restaurant?
Due diligence
Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernment4 key steps to plan your cash flow in the coming year
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