How do I sell a sushi restaurant?
To sell a sushi restaurant, show a buyer that the business does not depend on one chef. Document how fish and rice are sourced, list the equipment and cold storage that stay, write down recipes and prep methods, and plan a hands-on handover.
A sushi restaurant is sold on the strength of its kitchen. Regulars often come for one chef’s hand, and a buyer will ask quickly what happens if that person leaves. Start your preparation early, and work through the parts of the business a new owner cannot see from the dining room.
Show the room runs without one chef
If the head sushi chef is you, or a long-serving employee, say so plainly. Buyers will ask who else can cut, build the menu and train new staff. Write down who does what on a normal night, and think about whether the chef is willing to stay on for a period after closing. Ask your lawyer how a transition role or a staff agreement would be set out.
Document fish sourcing and supplier terms
Fish suppliers matter more here than in most kitchens. Keep a clear list of who supplies what, how often they deliver, how orders are placed and what the account terms are. A buyer will want to know whether those relationships are with the business or with you personally. Introduce suppliers to the buyer at the right time, once the deal is firm enough to share.
Equipment, cold storage and recipes
List what stays: rice cookers, refrigerated cases, knives, prep tables and the cold storage behind the line. Note the age and service history of each piece, and flag anything leased or owned by someone else. Recipes, sauces and prep methods are easier to hand over when they are written and tested. See whether recipes come with a restaurant for how buyers think about this.
Plan the handover
Offer to train the buyer or their chef on rice, cutting and service flow before and after closing. A written handover plan reassures a buyer more than a verbal promise. Your lawyer can tell you how any training period fits into the agreement. The handover preparation page lists what to gather.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat should I check before buying a sushi restaurant?
- Expert answerWhat should I weigh between buying a sushi restaurant and opening a new one?
- Expert answerHow does buying a sushi counter inside a grocery store work?
- Expert answerDo the recipes come with a restaurant when you buy it?
- Expert answerWhat does “turnkey” mean in a restaurant listing?
- Expert answerWhat should a restaurant asset purchase agreement cover?
Selling
- Expert answerHow do I prepare my restaurant for the handover to a buyer?
- Expert answerHow do I sell an independent pizzeria?
- GuideSelling a quick-service restaurant in Canada
- GuideSelling a catering business in Canada
- Expert answerHow do I sell an Indian restaurant?
- Expert answerHow do I sell a Chinese restaurant?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaIndustryHow to sell your business
- 02Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.