Hospitality and food service — some 600,000 restaurants plus Japan’s hotels and ryokan — is among the fastest-growing M&A sectors, lifted by the post-COVID recovery and booming inbound tourism. Aging owners, chronic staff shortages and shifting consumer demand keep a steady flow of businesses on the market. Value rests on location, brand, repeat-customer rates, staff and equipment condition, and buyers are active in format conversions and multi-store roll-ups. Diligence covers the premises lease, food-business licenses, retention of chefs and managers, and the handover of brand and regular customers — and for franchises, head-office consent. On MANDA you can search everything from owner-run restaurants to full-scale hotels nationwide.
Employee Cafeteria Business Within an Infrastructure Company
KantoBeverages
Asking priceNegotiable
MANDA
30+ days ago
Risk-Conscious Restaurant
ChubuRestaurants
Asking priceNegotiable
MANDA
30+ days ago
Vietnam Location of a Well-Regarded Restaurant
OverseasRestaurants
Asking priceNegotiable
MANDA
30+ days ago
Original Grilled Skewers as the Appeal / Food Service Industry
KyushuRestaurants
Asking price¥7M
MANDA
30+ days ago
A central kitchen specializing in food OEM
KantoPrepared Foods
Asking price¥10,000
MANDA
30+ days ago
[Prime Location! Self-Running Restaurant Business] Stable Operating Structure Ready to Take Over
ShikokuRestaurants
Asking price¥50M
MANDA
30+ days ago
Operation of a Popular Standalone Restaurant in a Rural Landscape
KinkiRestaurants
Asking price¥29M
MANDA
30+ days ago
[Talked-about Restaurant] Popular Japanese Restaurant Business in Singapore
OverseasRestaurants
Asking price¥60M
MANDA
30+ days ago
Seafood Wholesale/Retail & Restaurant Business / Oita Prefecture
KyushuFood Wholesale
Asking price¥120M
MANDA
30+ days ago
[Stable Traffic at a Bypass-Side Location!] Working Staff Transferable x Over 80% Repeat Rate — Restaurant Business Transfer
KyushuRestaurants
Asking price¥30M
MANDA
30+ days ago
Tonkatsu Restaurant Beloved by Regulars
KyushuRestaurants
Asking price¥40M
MANDA
30+ days ago
Ocean-View Guesthouse & Restaurant
ChubuHotels & Ryokan
Asking price¥30M
Who is it for
Who uses MANDA
👤
Owners considering business succession
For owners without a successor who want to pass on a healthy business. MANDA helps you find the right partner among buyer candidates nationwide.
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Buyers looking to grow
For companies seeking scale by acquiring strong businesses in the same industry. Advisors with sector expertise match you with the right deals.
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Companies entering new markets
For companies exploring entry into a new industry. Many deals let you acquire an existing business together with its people and customer base.
How it works
The M&A / business succession process
STEP 01
Consult an advisor
An advisor with industry expertise hears your goals and requirements.
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STEP 02
Deal matching
Shortlist candidates anonymously and align intentions with the other party.
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STEP 03
Due diligence
Detailed financial, legal, and business review, with terms negotiated in parallel.
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STEP 04
Agreement → Closing
Sign the letter of intent and the definitive agreement, then close.
FAQ
FAQ
QWhat matters most in a restaurant or hotel acquisition?⌄
Location and the terms of the premises lease, whether operating licenses carry over, the treatment of core staff such as chefs and managers, and how transferable the brand and regular clientele are. Kitchen-equipment condition, hygiene management and — for franchises — head-office consent also need confirming.
QWhen should a restaurant-business succession start?⌄
Typical triggers: the owner reaching their 60s without a successor, multi-store management becoming a burden, or facing a major renovation decision. If post-COVID demand shifts are hard to ride out alone, considering third-party succession early widens the options.
QHow are restaurants and hotels priced?⌄
Small restaurants are typically referenced at two to four years of operating profit, with wide variation by location, customer base and brand. Multi-store groups and franchisors can command higher multiples on profitability and growth. Remaining lease terms and the treatment of security deposits also affect the price.
Restaurants & Hotels M&A & business succession consultation
MANDA-certified advisors with deep industry knowledge help you find the best match, including off-market deals. Consultations are free — as many as you need.
