Shikyo Genya: Yamaguchi's Only Authentic Eel Restaurant Seeks Successor

Shikyo Genya: Yamaguchi's Beloved Eel Restaurant Seeks Successor

In a significant move, Shikyo Genya, Yamaguchi's sole authentic eel restaurant, has begun a public search for its successor. The establishment has been a culinary staple in the region for the past 15 years, serving traditional Kansai-style eel dishes with a dedication that has earned it numerous loyal customers. Managed by its 67-year-old owner, who ventured into the restaurant industry at 50, Shikyo Genya has become synonymous with quality and local charm.

This initiative is being facilitated by TRANBI, a pioneering platform for business succession and M&A matching services, with this being the first instance in Yamaguchi of an open public search for a successor. The intention is to pair Shikyo Genya's rich culinary heritage with a passionate new owner who can continue its legacy.

Reasons for Transition

The current owner has stated that the main reason for seeking a successor is the lack of one. The restaurant has established a strong operational foundation, particularly with a secure supply route for high-quality domestic eels sourced from Kyushu and Aichi. Eels are prepared on-demand, ensuring freshness, and the cooking method strictly adheres to Kansai style, emphasizing direct grilling without steaming.

Business Details

Transition Scheme: Business Transfer

- Restaurant Name: Shikyo Genya (Eel Specialty Restaurant)
- Location: Yamaguchi, Japan
- Assets for Transfer: The sale includes all essential operational assets, including equipment, inventory, sourcing strategies, and management know-how.

A notable highlight of Shikyo Genya is its operational success—the restaurant is capable of serving up to 300 customers on special days like Doyo no Ushi no Hi (Day of the Ox), achieving sales figures over 1 million yen. Its strong foundation and dedicated clientele have resulted in frequent media attention from outlets like NHK and Yamaguchi Asahi Broadcasting.

The current owner assures potential successors: “It’s never too late to start. I began at 50. If you have the motivation, you can learn the skills regardless of prior experience.” He plans to pass down his expertise in prepping approximately 6,000 eels annually, along with the insights gained from 15 years of managing the restaurant.

The Owner’s Commitment

As the owner expresses a strong desire not to see an end to Shikyo Genya’s legacy, he aspires to connect with a new steward who shares a passion for the regional food culture. His hope is to carry forward the cherished tradition of eel dining in Yamaguchi, ensuring it remains available for future generations.

For those interested in learning more about the business or the succession process, inquiries can be made through the provided TRANBI links. Here are the resources available:

Note: Please refrain from direct inquiries to the restaurant or the owner, as this may disrupt business operations. All communications should be facilitated through TRANBI.

About TRANBI

Founded in 2011, TRANBI serves as Japan's first fully integrated business succession and M&A matching platform. Its mission is to connect individuals and organizations willing to either sell or acquire businesses, regardless of size or industry. By offering services that promote transparency and facilitate connections, TRANBI aims to enhance accessibility in M&A endeavors nationwide. Their innovative transition from a commission-based fee structure to a monthly subscription model in 2021 has made it easier for smaller businesses and individuals to engage with the M&A process.

For more information, visit TRANBI’s Official Website.