I’m a Business Manager in Tokyo. A buddy of mine recently reached out to me and asked if I were interested in buying their Bar, asking for 300万.
I didn’t reply right away as I was pondering the Idea with other friends. A day passed and when I came to the conclusion that it was worth the financial risk to me I was told the bar has already been sold.
I’m a bit disappointed about it but that got me wondering, if I wanted to buy a bar/cafe/restaurant from someone else, what would be my best shot at finding one in the Tokyo Area?
3 comments
Word of mouth.
Among non-Japanese, I only very rarely see someone post about selling a business – usually a small English school or coffee shop.
However, there is an industry in small M&A. I’d almost call it “micro M&A” because investment banks wouldn’t do transactions this small.
As you know, the population is aging rapidly and the kids -if there are any – often don’t want the family businesses. In my neighborhood, there are a few posters up adverstising for M&A services for specifically small businesses. They do matchmaking and the acquistion. You might not want to get into all of that, but it’s something you could think about.
TRANBI is a business sale listing site I’ve seen mentioned on here before – [24 bar and izakaya in Tokyo](https://www.tranbi.com/buy/list/?pil%5B13%5D=13&dil%5B38%5D=38&prill=&priul=&srl=&sru=&proll=&proul=&ft=&page_size=30) are currently listed.