In order to provide luxurious, late-night Asian dining options in the Miami suburb where the brothers James and Argelio Jr. Aguayo lived, they launched the first Sushi Sake establishment in 2009. The company’s quick success was a result of its devotion to making its own sauces, using only fresh seafood, and serving Certified Angus Beef. As James and Argelio expand the Miami favorite statewide, the brand, which currently has 14 successful locations, is available for franchising. Sushi Sake Franchise focuses on using fresh seafood, Certified Angus Beef, and handcrafted sauces, along with a stylish and welcoming environment, which contributed to the business’s quick success. According to Statista, the food market will generate US$996.40 billion in revenue in 2023. The market is anticipated to expand by 3.40% yearly (CAGR 2023-2027).
The estimated Sushi Sake franchise profit is in the range of $225,000 to $324,000 and it will take 1.5 to 2.5 years to recoup the investment.
According to industry standards, getting a return on the franchise investment will not take a very long time.
The Franchise Deck rating for the Sushi Sake’s franchise is 3.6/5.0.
What is Sushi Sake?Sushi Sake is a restaurant that specializes in selling both sushi and sake, an old-fashioned Japanese alcoholic beverage derived from fermented rice. The restaurant often offers a large selection of Japanese cuisine, including tempura, udon noodles, miso soup, and sushi dishes like nigiri, sashimi, and rolls. Depending on their location and clientele, some other bars may also serve non-Japanese cuisine, including Thai or Korean. The restaurant’s ambiance is generally contemporary and understated, emphasizing the excellence of the cuisine and the enjoyment of its patrons.
Is Sushi Sake a Franchise Opportunity?The brand does offer franchise opportunities. It is a network of Japanese restaurants with a focus on sushi and sake that provides franchising possibilities to business owners interested in starting their own restaurant. Facts That Nobody Told You About Sushi Sake
- The Miami New Times and Eater Miami, among other regional and national magazines, have both written about the restaurant.
- Locals are devoted to the restaurant’s popularity, and it has gotten a lot of great ratings on websites like Yelp and TripAdvisor.
- With its rewards program, clients may accumulate points for every dollar spent, which they can then exchange for discounts on subsequent purchases.
- Although each of its locations has a different menu, all of them offer both classic Japanese meals and more innovative fusion alternatives.
- Sushi Sake is dedicated to preparing its sushi using premium products and ecologically responsible methods, and has won multiple honors for these efforts.
|Sushi Sake Franchise Review and Information|
|Industry Type||Food Franchise Opportunities|
|Sub Category||Asian Restaurant Franchise|
|Company Name||SUSHI SAKE MIAMI LAKES, INC|
|Founder/Management Head||Angel Aguayo|
|Employees at Company H.O||33|
|Franchise Expansion Plan||This company is offering new franchisees in many US states|
|Number of Units||14|
|Number of Franchise Units||–|
|Social Media Handles|
|Company Office location||7175 S.W. 47th St., #206 Miami, FL 33155|
Sushi Sake Franchise RequirementsA successful franchise owner must be eager to learn and put into practice the instruction and guidance they receive from the restaurant’s corporate team.
- Flexibility and a drive for success
- Experience in sales and management is preferred.
- Being able to fulfill investment needs
- A love for sushi and an entrepreneurial spirit
How much does a Sushi sake franchise costA Sushi Sake franchise can cost as little as $400,000 and as much as $700,000 in initial capital. Remember that you should set aside more funds so that you have enough money to support yourself while the sushi sake business expands.
How much does it cost to franchise a Sushi sake in the United States?The Sushi Sake franchise requires an initial cost of between $400,000 and $700,000 plus a $40,000 franchise fee, to be opened as a franchise in the United States.
|Sushi Sake Franchise Price and Costs|
|Sushi Sake Franchise Fee||$40,000|
|Sushi Sake Franchise Cost||$400,000 and $700,000|
|Term of Agreement||10 years|
|Is franchise term renewable?||Yes|
How much do Sushi sake franchise owners make?Earnings and revenue from Sushi Sake might differ greatly from one franchisee to another. The labor costs, leasing rates, hours worked, and other factors can affect the restaurant owner’s profits. The restaurant makes unit-level financial disclosures. In other words, they display the historical earnings of their franchisees.
What is the Sushi Sake franchise profit?I will estimate Sushi Sake’s franchise profit and years to recoup the investment (ROI).
|AUV||Estimated Annual Profit (12.5%)||Estimated Annual Profit (15%)||Estimated Annual Profit (18%)|
|$ 18,00,000||$225,000||$270,000||$ 324,000|
|Recoup mid-point $ 550,000||2.4 years||2 years||1.6 years|
Sushi Sake Training to FranchisesSushi Sake gives its franchisees in-depth training to help them run their operations successfully. Franchise training programs frequently combine both formal education and hands-on training. Brand standards, menu options, food safety, marketing, and customer service are among the subjects covered in the classroom curriculum. A usual technique to gain real-world experience and learn how things are done on a regular basis is to work in a restaurant. The company offers initial training and ongoing support to franchisees. You will have access to marketing tools and assistance, as well as ongoing training opportunities, and Sushi Sake field staff will regularly swing by to offer assistance.
Sushi Sake Operations to FranchisesFranchisees of Sushi Sake receive ongoing operational support, such as assistance with purchasing, inventory control, and supply chain management. The company also does regular audits and reviews to ensure the franchisee complies with corporate standards and meets operational goals. In order to help them manage their operations, the corporation provides its franchisees with access to technology platforms and resources such as point-of-sale systems, online ordering systems, and mobile applications.
How is Sushi Sake Territory Granted to FranchisesThe company uses the franchising system to expand its customer base and allocate territories to franchise businesses. The company has standards that must be met before a franchisee is given the region. These criteria frequently consider factors including the population density of the region, the level of market competition, the availability of good locations for the franchise shop, and the franchisee’s financial stability.
What is the Franchise Term of Agreement and Renewal?The company’s franchise agreement typically lasts for 10 years, however, this could change depending on the agreements made between the franchisee and the franchisor. After the initial term has ended, the franchisee may have the option to extend the contract, frequently for an additional 10 years.
Financial Assistance to FranchisesThe company has connections with outside sources that provide finance for the following expenses: startup costs, franchise fees, equipment costs, inventory costs, accounts receivable costs, and payroll.
Pros & Cons of Owning a Sushi Sake Franchise
Pros of owning a Sushi sake Franchise
Because Sushi Sake is a well-known brand in the food sector, franchisees may find it easier to draw customers and improve their chances of success.
A tested business model, together with operational and marketing assistance, is provided to franchisees by the company, which can help to secure their success.
The brand offers franchisees regular training and support so they can manage their businesses successfully.
Franchisees can use a range of resources that the franchisor offers, including marketing materials, exclusive software, and supplies.
Cons of Owning a Sushi Sake Franchise
Initial costs, supplies, equipment, and leasing or building costs that may be necessary to launch its franchise might be high.
Franchisees must continue to pay the franchisor ongoing charges like royalties, marketing fees, and other expenses.
Franchisees are required to follow the policies and practices of the franchisor, which may restrict the choices they can make for their businesses.
Franchisees could run into rivalry from nearby restaurants as well as other Sushi Sake franchisees.
What are Sushi Sake franchise reviews?Online assessments have mentioned the difficult yet fulfilling experience of learning the skill of rolling sushi, as well as the advantages of traveling and having all expenses paid for as well as the chance to interact with people from all over the world. Some people consider the franchise cost to be typical for the sector. Some reviews, however, also speak to the tough work schedule, which includes long hours and days of straight work and can be made up for with overtime. Concerns regarding the company’s reactive rather than proactive attitude and the lack of respect offered to franchisees are also raised in several assessments. Insufficient menu innovation and marketing tactics are also mentioned by several reviewers, along with website problems and excessively high prices for the restaurant’s products they order.
Franchise Deck Analysis and OverviewFor someone with a love of the food industry and the ambition to own their own business, investing in Sushi Sake franchises can be a fantastic option. The franchisor offers resources and support via the franchise model, such as operational help and training. Having a strong brand behind you and having access to its suppliers, products, and marketing tools can further boost your chances of success.
Potential Risks to consider before investing in a Sushi Sake Franchise
- There can be additional sushi franchises or independent sushi restaurants in the same market because the food sector is quite competitive.
- The cost of opening a franchise can be high, and there might be recurring costs such as royalties.
- It might be challenging to launch a new franchise in an area where the brand is not well-known because the success of a franchise is frequently correlated with the strength of the brand.
- In some markets, the sushi market could become saturated, making it challenging for new franchisees to succeed.
Is the Sushi sake Franchise Profit Worth the Cost?Your financial status, the demand for sushi in your area, and your own experience and knowledge of the restaurant business will all play a role in your choice as to whether the franchises are profitable. The franchise business is making good profits and can recoup costs within 3 years, which is a comfortable period.
Competition Analysis Franchises
|Sushi sake||Cost to Franchise||Franchisee Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|Sushi sake||$400,000 – $700,000||$40,000||6%+1%||–||1.5-2.5 years||3.6/5.0|
|American Deli Franchise||$295,500 to $551,000||$7,500-$10,000||3%+0.5%||$525,000||9- 12 years||3.3/5|
|Old Chicago Pizza and Taproom Franchise||$1,399,000 – $2,177,000||$40,000||4%+2%||$40.3 million||–||3.9/5|
|HWY 55 Franchise||$196,055 – $433,055||$25,000||5%+2%||$5.2 million||–||3.6|
|Pepe’s Mexican Franchise||$207,000 – $652,000||$15,000||4%+1%||$5.9 million||–||3.7/5|
|Golden Corral Franchise||$2,168,419 – $6,602,5130||$50,000||4%+2%||$195.1 million||–||4/5|
Conclusion: Can You Buy the Sushi Sake franchise?In the sushi business, Sushi Sake is a reputable franchise. Consider the fees, initial costs, and continuing operational costs before making a Sushi Sake’s franchise venture. Studying the franchise concept and comprehending the provisions of the franchise agreement, as well as the franchisor’s support and training initiatives, are also essential. It’s a good idea to take the sushi market’s demand and the competitors in your ideal location into account as well. The experience of the franchisee, the location, the state of the market, and the backing of the franchisor are just a few of the variables that will ultimately determine if a franchise is successful. Before choosing an option, it’s crucial to carefully consider the advantages and disadvantages. Look at other franchise opportunities available
- American Deli Franchise
- Old Chicago Pizza And TaproomFranchise
- HWY55 Franchise
- Pepe’s Mexican Franchise
- Golden Coral franchise
- Jason’s Deli Franchise
- Hooters Franchise
- Cracker Barrel Franchise
- Papa Murphy’s Franchise
- Cafe Rio Franchise
- Rusty Taco franchise
- Tous Les Jours Franchise
- Velvet Taco Franchise
- Summer Moon franchise
Frequently Asked Questions (FAQs)
Is the Sushi sake franchise profitable?
It appears profitable when taking into account the franchise fee and return on investment.
Can you make money by owning Sushi sake?
Yes, you can make money by owning Sushi Sake.
Is Sushi Sake a franchise?
How much is a Sushi sake franchise?
How do Sushi sake franchises make money?