Industry Analysis & Industry Trends
The Sushi Restaurants industry is serving up a fresh round of growth following a recession-induced decline. The industry, which is highly fragmented and consists mainly of small, owner-operator establishments, is doing well despite the high competition it faces from other retailers serving sushi and the range of ethnic restaurants and American food-service establishments that are also in direct competition. In the coming years, , operating conditions are forecast to continue to improve. As the unemployment rate drops and consumers slowly regain their disposable incomes, demand for sit-down restaurants is anticipated to increase.... 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