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Tokyo Season restaurant up for sale

Homesick owner looks for quick sale

Published on August 27th 2010.


Tokyo Season restaurant up for sale

Tokyo Season, the Japanese restaurant on Portland Street, has been put up for sale because the owner wants to go home.

“Chinatown is not that competitive for us because we are a Japanese restaurant and we have some loyal customers,” she said. “I just think my family will be happier in Japan.”

Kuniko Ishis, who has owned and managed the restaurant since 2008, is selling the business for around £115,000 and is looking to move back to Japan with her teenage son.

She told Confidential that the 61-cover restaurant had been making “plenty of money” but her family was more important than the business.

“Making money is not the most important thing for me,” she said. “We have good days and bad days but I want to move back to Tokyo for my son.

“The language barrier is a bit of a problem for us here and my son is happy every time we go back to Japan. I’d like to be able to move back before Christmas.”

Ishis said the restaurant had managed to build up a loyal customer base, mainly Japanese students studying in Manchester.

The sales brochure for the business, which is being marketed with Harvey Silver Hodgkinson, says it takes around £7,000 a week and the rent on the unit, which has a 20-year lease from 2008, is £450 per week. It also has a license to open until 3am, every day of the week.

“Chinatown is not that competitive for us because we are a Japanese restaurant and we have some loyal customers,” she said. “I just think my family will be happier in Japan.”

Harvey Silver Hodgkinson is also marketing Eastern Fusion on South King St, which is up for sale for £120,000.

The restaurant has been operated by the current management since July 2006, but the agent selling the business said the sale was “to allow our clients to concentrate on their other business.”

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7 comments so far, continue the conversation, write a comment.

AnonymousAugust 27th 2010.

£7k a week seems an awful lot of turnover for this restaurant, especially when most business is coming from students and it has a permanent 1/2 price offer running...

AnonymousAugust 30th 2010.

They may not telling truth. I do not have any trust with them. With such embarrassingly poor quality of food, it is a good decision.

Hero
Katie AmosSeptember 1st 2010.

I've been here and was planning to return soon - the food was excellent, just as good as what I had in most restaurants in Tokyo and Osaka earler this year. Shame to hear they are leaving.

AnonymousOctober 5th 2010.

That is rubbish, no way £7k per week, it is run be people from China not Japanese.

AnonymousOctober 5th 2010.

The £7k per week is a bit hard to swallow but it is definately run by people from Japan

Leigh ScottOctober 5th 2010.

forget the japanese business the rent on the property along with their asking price would mean a total investment of £138k in the first 12 months excluding agent's fees and solicitors costs.That's not a bad plot for a chain that wants further city centre presence, another new Subway perhaps?

No NameJune 15th 2011.

They are liars. The owner's wife was once married to a Japanese person. Not the owner, nor the wife are Japanese. But they like to pretend that they are, as most of English people can't tell the differences. They don't love Japanese food, they don't have passion to introduce authentic Japanese food to the people of Manchester. They are just using Japanese cuisine to make money, just like most of so-called 'Japanese restaurants' in Manchester are.

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