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Success Story: Soichi Sushi
A highly respected fixture in San Diego’s sushi scene with 25 years of training in Japanese cuisine, Chef Soichi Kadoya and his wife Raechel were ready to branch out and start their own restaurant.
But to make their dream come true, the couple needed to put together nearly half a million dollars in financing. They reached out to the SBDC for help, and after successfully working through a business plan, financial projections, and loan applications, Chef Soichi and Raechel emerged with nearly $500,000 in capital, and Soichi Sushi was born (www.SoichiSushi.com).
Use of Capital Infusion Funds
The financing was used for the build-out, new equipment, and working capital.
Areas of Assistance
Obtained Financing
Credit Repair
Financial Projections
Business Plan
Marketing Strategy
Economic Impact
Capital Infusion: $475,000
Owner Investment: $75,000
New Business Start
Jobs Created: 4
Location
San Diego, CA 92116
“The SBDC advisors helped us immensely to secure a loan to get our restaurant started. They made our dream a reality!”
