Kissaki South Beach

About

At Kissaki Hospitality Group, we believe in honoring and sharing traditional Japanese cuisine with the world. We base our dishes in mindful sourcing, seasonality, and quality. We welcome guests to join us for a unique experience at one of our beautifully designed omakase counters, dining rooms or comfortable outdoor dining areas. We opened our doors to our flagship location in the Bowery neighborhood just before the COVID-19 shutdown. We managed to grow our revenue 100% during this challenging time, while still supporting our community through initiatives to feed frontline workers. Kissaki Hospitality Group operates 1Ocean, a wholesale fish distribution company with its own Fishery and Wildlife License. This means that we get uni, caviar and most of our fish directly from Japan. We also work with fishermen from all over California, Montauk, Outer Banks and more. We strive to use the best quality fish, caught in its own ecosystem and bring it directly to our guests.

Highlights

• Kissaki from 1 location in 2020, to 7 locations by 2022 (5 owned & operated by KHG, 2 corporate licensed locations).
• Kissaki will have opened an additional 3 locations by the end of 2023.
• Kissaki Hospitality Group revenues have grown from $4M in 2020 to forecast $20M in 2024.
• In addition to its restaurant operations, Kissaki Hospitality Group is the operating partner of 1Ocean LLC; a seafood distributer providing best in class imported & local seafood at better than wholesale prices to Kissaki owned locations.
• Kissaki Hospitality operates 3 distinct concepts: Kissaki, Kamasu, and Saishin by Kissaki.

Business Opportunity

Kissaki in Japanese means "tip of the blade, the knife point."

Kissaki restaurants strive to create a unique and intimate dining experience that honors Japanese tradition and the art of the knife. We are craftspeople — artisans — and with practiced hands we deliver precise dishes that tell a story.

Kissaki's menu reflects the changing seasons. It offers the best quality and freshest, local and imported seafood. It captures a flavor that is both authentic and new. Kissaki delivers quality sushi and omakase experiences at an approachable, competitive price point.

Kissaki Hospitality Group seeks additional investment in its newest business operation, Kissaki South of Fifth LLC, which will operate 3 distinct oncepts all located at 500 South Pointe Dr. Miami Beach, FL. Breakfast and lunch hours will feature the Lilikoi concept, a quick service restaurant with light fare, coffee and drinks. The full service Kissaki: South Beach will offer an a la carte menu and "Omakase" or chef's tasting 7 days a week for dinner. Late nights, the Lounge @ Kissaki will serve drinks and sushi small plates

Business Plan

• Estimated almost $6 Million in Revenue in FY 2024 with an EBITDA Margin of 9%.
• Estimated $7.9 Million in Revenue across all locations with an EBITDA Margin of 19% in FY 2028 (Year 5).
• Total 5-year EBITDA forecast $6M (16%)