Restaurant sites
All-you-can-eat sushi and hotpot. The majority of Umiya is owned by the Zheng family.
All-you-can-eat sushi and hotpot. The majority of Umiya is owned by the Zheng family.
- Locations
- 16
- States
- 6
- Largest market
- Texas
The concept
The format is built for groups and for time at the table: full service, a long dwell, and a reason for a party of six to stay rather than turn. That shapes what a good site looks like, which is why the criteria we publish for brokers are written around this restaurant rather than a generic footprint.
For a landlord the useful part is that one group of people underwrites the deal, signs the lease, manages the buildout and then runs the restaurant. Our recent buildouts have been funded with our own equity, so no lender sat between a signed LOI and an opening date, and there is no franchisee between the lease and the staff on the floor.
Site criteria
These are the current criteria for Umiya. Our other brands and our commercial real estate investments each have their own.
- Size
- 8,500–15,500 SF
- Target markets
- Chapel Hill, NC
- Durham, NC
- Cary, NC
- Charlotte, NC
- Greensboro, NC
- Pineville, NC
- Texas
- Parking
- Ample parking is required.
- Building
- Stand-alone buildings are preferred.
- Restaurant space
- Second-generation restaurant space is preferred, but not required.
- Lease term
- A 10-year lease is preferred.
- Format
- Anchored and grocery-anchored centers
- Lifestyle centers
- High-traffic urban retail
- Concept
- All-you-can-eat sushi and hotpot. Full service, long dwell times and group dining.
- Trade area
- Dense young-professional, university-adjacent and family trade areas
- Structure
- Direct lease
