Sojitz Corporation has successfully acquired Sushi Avenue, Inc., enhancing its market presence in the U.S. sushi industry.

Information on the Target

Sushi Avenue, Inc. is a prominent franchisor specializing in turnkey sushi kiosk programs and services tailored for supermarkets, universities, and corporate foodservice establishments across the United States. Headquartered in Eagan, Minnesota, the company has established a robust operational footprint with over 300 locations across 22 states. Sushi Avenue supplies franchisees with essential ingredients, packaging, equipment, and marketing materials, earning a reputation as a premium provider of restaurant-quality sushi that is highly regarded by national and regional supermarket chains.

Nay Hla, President of Sushi Avenue, expressed confidence in the deal, praising Croft & Bender for their invaluable guidance throughout the transaction. He highlighted the company's optimistic future with Sojitz Corporation as a vital partner that will foster growth and create new opportunities for customers, employees, and franchisees.

Industry Overview in the United States

The sushi industry in the United States has witnessed significant growth over the past two decades, evolving from a niche culinary segment into a mainstream dining option. As consumer preferences shift towards healthier dining choices, sushi has becom