Industry Analysis & Industry Trends
Rolling with the punches
The Sushi Restaurant industry took a couple of big blows during the recession, when per capita disposable income decreased and the unemployment rate jumped drastically. However, as sushi is largely a discretionary purchase, the industry will recover slowly as the incomes rise and spending habits reverse. On the other hand, rising seafood prices and increasing internal competition will hinder revenue and profit through 2017.... purchase to read more
Industry Report - Starting a New Business Chapter
The industry's barriers are low, since an operator can lease premises, equipment, furniture and fittings, lowering initial capital costs, outlays and borrowings. In particular, industry concentration is low, as the top four players account for well under 10.0% of available market share. Aside from a few chain sushi restaurants, concentration indicates the extreme small-business and fragmented nature of this industry.
In addition to opening a new restaurant, operators can enter the industry via purchase of an existing business or closed restaurant operation. However, some refurbishment costs may be associated with this method.
Despite low barriers to entry, barriers to success (i.e. the ability to stay profitable and in operation for more than a few initial years) are high... purchase to read more