09-08-2025
- Business
- AU Financial Review
Sushi Hub sold $200m of sushi last year. Now it wants a $1b valuation
Sushi Hub chief executive Raymond Chen has a figure in mind: $1 billion. That is the valuation the founder of the fast-growing Japanese food chain wants to reach before he considers selling a stake.
That bullish target is based on ambitions that the Australian sushi chain can become the next Guzman Y Gomez, which hit the ASX in June last year and has been worth as much as $3.75 billion at its peak. Sushi Hub has gone from strength to strength, opening almost 70 stores during the pandemic due to its owners being flush with cash – unlike most traditional hospitality businesses – and it's on track to open its 200th store by year's end.
