Turnkey Business Transfers

Browse Japanese businesses sold with interiors, equipment and fixtures in place — known in Japan as "inuki" (turnkey) transfers. Ideal for buyers who want to open sooner and keep upfront costs down.

View Turnkey transfer deals→Free advisor consultation
23 open deals

Market Insight

About Turnkey transfer (M&A & fixture transfers)

An inuki (turnkey) transfer is a distinctly Japanese way to acquire a store: the interior, kitchen equipment and fixtures stay in place, so you can start operating at a fraction of the cost and lead time of a bare-shell build-out. The format is used well beyond restaurants — hair salons, beauty salons, clinics and dental practices change hands this way — and sellers benefit too, since they avoid the cost of restoring the premises to original condition. On MANDA you can search turnkey stores and fixture-transfer deals across every region and business type in Japan, including listings with undisclosed prices.

Related: Restaurant & hospitality M&A deals/Real estate M&A deals

Comparison

Turnkey / fixture transfer vs. Bare-shell build-out

Comparing the two ways to open a store makes it clear when a turnkey acquisition is the right fit.

✓ Favorable / recommended△ Caution / depends on terms− Unfavorable / costly
Upfront cost
✓Turnkey / fixture transfer: Lower — reuse the existing interior and equipment
−Bare-shell build-out: Higher — interior and equipment built from zero
Time to opening
✓Turnkey / fixture transfer: Short — existing fitout enables a fast launch
−Bare-shell build-out: Long — design and construction often take months
Layout freedom
△Turnkey / fixture transfer: Limited — constrained by the existing fitout
✓Bare-shell build-out: Free to design the layout and interior
Location & recognition
✓Turnkey / fixture transfer: Can inherit the location and local awareness of the previous store
−Bare-shell build-out: Customer base must be built from scratch
Main risks
△Turnkey / fixture transfer: Aging equipment and the previous store’s underperformance need checking
−Bare-shell build-out: Large initial investment takes longer to recoup
Best suited for
✓Turnkey / fixture transfer: Buyers who want to open quickly at low cost
✓Bare-shell build-out: Buyers who want to build a brand and concept from scratch

By Category

Browse Turnkey transfer by By business type

Sorted by number of listings. Ask an advisor to see off-market deals in any field of interest.

☕Turnkey cafes73 listings→🏮Turnkey izakaya pubs170 listings→🍸Turnkey bars58 listings→🥩Turnkey yakiniku (BBQ) restaurants49 listings→🍜Turnkey ramen shops38 listings→💇Turnkey hair salons9 listings→💆Turnkey beauty salons38 listings→🧘Turnkey massage & bodywork studios11 listings→🏥Turnkey clinics16 listings→🦷Turnkey dental clinics3 listings→🏪All turnkey stores641 listings→

Latest Deals

Latest Turnkey transfer deals

View all →
MANDA
30+ days ago

Fixtures Transfer (Turnkey Storefront) for Retail and Lodging Businesses

HokkaidoOther Retail
Asking price¥26M
MANDA
30+ days ago

Café Successor Sought Near Senkawa Station (Sale / Turnkey Transfer Negotiable)

KantoCafes & Coffee Shops
Asking priceNegotiable
MANDA
30+ days ago

[Ready to operate / Turnkey] Nishi-Tokorozawa Unstaffed Sweets Shop - Business Transfer (Proven track record)

KantoOther Retail
Asking priceNegotiable
MANDA
30+ days ago

[Shin-Koshigaya / 3-Min Walk from Station] Body-Slimming Esthetic Salon Operation ●Fully Private Salon

KantoEsthetic Salons
Asking price¥6M
MANDA
30+ days ago

⚫️Approx. 5-Min Walk from a Major Kobe City Station ⚫️Esthetic Salon Fixture Transfer

KinkiEsthetic Salons
Asking price¥500,000
MANDA
30+ days ago

⚫️Few Min Walk from Main Sannomiya Station⚫️Profitable⚫️Aesthetic Salon Fixtures Transfer

KinkiEsthetic Salons
Asking price¥500,000
💬

There are currently 23 open deals. Even if few match your criteria, a free consultation with an advisor can introduce off-market Turnkey transfer deals not listed on the site.

By Area

Browse Turnkey transfer by area

Listing counts for major areas. Click to see search results for each area.

Hokkaido4 dealsTohoku7 dealsKanto511 dealsChubu29 dealsKinki59 dealsChugoku—Shikoku3 dealsKyushu16 deals

Checklist

What to check before taking over a Turnkey transfer business

1

Condition of interior, equipment & fixtures

Verify that key equipment works, its remaining value and any repair needs. Agree in advance how defects found at handover will be handled.

2

Equipment leases & outstanding debt

Check for unpaid balances or lease obligations on equipment and fixtures, and confirm in the contract whose name they are in and how they transfer.

3

Premises lease terms

Align with the landlord beforehand on transferring the lease, rent, security deposit, renewal terms and the scope of restoration obligations.

4

Licenses & regulatory compliance

Confirm the permits your business type requires (restaurant license, salon registration, clinic notification, etc.) and fire-code compliance. Changing the business type may require re-licensing.

5

Why the previous tenant left

Determine whether poor sales stemmed from structural factors such as location or customer mix, and build a realistic post-opening forecast.

6

Scope of the transfer

Clarify whether the deal covers fixtures only, or also goodwill, staff, suppliers and inventory, so the price reflects a shared understanding.

Price Guide

Turnkey transfer price guide

Fixture-transfer fees vary widely with location, equipment age, store size and earning power — there is no flat market rate. The actual price is shaped by a combination of the following factors.

📍

Location & floor area

Properties near stations, in busy districts or with high visibility tend to be valued higher.

🛠️

Equipment condition & age

The state and remaining value of key equipment, air conditioning and the interior feed directly into the price.

📈

Earning power (if still operating)

A profitable store still in operation commands a premium for goodwill.

📦

Scope of the transfer

The more that is included — staff, suppliers, inventory, brand — the higher the valuation tends to be.

Browse by deal size

Prices vary widely by deal. Check listings by price range to get a realistic sense of the market.

Up to ¥10M (approx. US$65K)
508 deals→
¥10M–50M (US$65K–330K)
60 deals→
¥50M–100M (US$330K–650K)
—→
Over ¥100M (US$650K+)
1 deal→
ℹFixture-transfer fees depend heavily on location, equipment, size and earnings, so there is no universal market price. For a realistic sense of pricing, browse actual listings by price range above.

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.

🚀

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.

🌱

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.

Start with a free advisor consultation →

How it works

The M&A / business succession process

  1. STEP 01

    Consult an advisor

    An advisor with industry expertise hears your goals and requirements.

  2. STEP 02

    Deal matching

    Shortlist candidates anonymously and align intentions with the other party.

  3. STEP 03

    Due diligence

    Detailed financial, legal, and business review, with terms negotiated in parallel.

  4. STEP 04

    Agreement → Closing

    Sign the letter of intent and the definitive agreement, then close.

STEP 1: Get a free advisor consultation →

FAQ

FAQ

QWhat is a turnkey (inuki) store transfer in Japan?⌄
It is a transaction in which a store is handed over with its fitout — interior, equipment and furnishings (called "zosaku" in Japanese) — left in place. Compared with building out an empty shell from scratch, it cuts both opening costs and preparation time, and is widely used for restaurants as well as beauty and healthcare businesses. It is sometimes combined with a business or share transfer that conveys the whole operating company.
QWhat should I check before taking over a turnkey store?⌄
Key points are the condition of equipment and furnishings and any outstanding lease obligations on them, the terms of the premises lease (transfer of name, renewal conditions, security deposit), and compliance with the licenses and fire-safety rules for your intended business type. Understanding why the previous tenant left and the local competitive landscape also helps you manage post-opening risk.
QHow much does a turnkey store transfer cost?⌄
The fixture-transfer fee varies widely with location, the age of the equipment and the size and revenue of the store — there is no flat market rate. Newer equipment in a prime location commands a higher price, and if you are also taking over a profitable operating business, a valuation based on its earning power is added. The actual price is judged deal by deal.
QHow does a turnkey transfer differ from a business transfer (M&A)?⌄
A turnkey (fixture) transfer mainly conveys the physical fitout, while a business or share transfer conveys the business itself — goodwill, employees, suppliers and licenses included. If you want to take over a profitable store together with its staff and regular customers, the deal is usually structured as a business transfer rather than a fixture-only transfer.
QDoes a fixture-only transfer count as M&A?⌄
Strictly speaking, a transfer of fixtures alone — with no business or shares changing hands — is distinguished from a typical M&A transaction. In the broader sense of "taking over a store", however, the two are often treated within the same framework, and once goodwill, staff and suppliers are included the deal effectively becomes a business-transfer M&A. MANDA covers the full range, from fixture transfers to full business transfers.
QCan I take over the lease on a turnkey property?⌄
In most cases you sign a new lease, or transfer the existing one, with the landlord’s consent. Rent, security deposit, renewal terms and restoration obligations differ by property, so confirm them before contracting. Without the landlord’s consent a turnkey takeover is usually not possible, so gauge their intentions early in the process.

Related Industries

Related industries

🍽️Restaurants & Hotels M&A→💆Lifestyle & Leisure M&A→🛒Retail & Wholesale M&A→
🏪

Turnkey transfer 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.

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