TIC Restaurant Group

What TIC Restaurant Group does

T.I.C. Restaurant Group is a privately held New York City-based Japanese restaurant group founded in 1984 by Mr. Bon Yagi (Shuji Bon Yagi), operating 13 distinct restaurant concepts across Manhattan with primary concentration in the East Village. The portfolio spans Edomae-style sushi at Hasaki (the 1984 flagship), Japanese sake bars (Decibel since 1993 and Sakagura in Midtown), Tokyo-style ramen at Rai Rai Ken (East Village and Harlem), homemade soba at Sobaya, Japanese curry at Curry-Ya, shabu shabu and sukiyaki at Shabu-Tatsu, karaage (Japanese fried chicken) at Tori-Bien, Japanese teahouse and desserts at Cha-An Teahouse and Cha-An BonBon, sake bar/café Hi-Collar, and Japanese street food at Otafuku x Medetai. The group also previously operated Kiosku, a bento shop inspired by Japanese konbini convenience stores, which is currently closed.

The company generates revenue through dine-in restaurant sales, takeout and delivery, full-service catering for corporate events and private functions, and Square-powered e-gift cards redeemable across participating brands. Its customer base consists of general consumer diners seeking authentic Japanese cuisine across price points, supplemented by corporate event clients using catering services. The group is founder-led, with Bon Yagi receiving the Order of the Rising Sun, Gold and Silver Rays from the Government of Japan in 2019 for promoting Japanese cuisine in the United States. Geographic reach is concentrated in NYC's East Village (East 9th and 10th Streets) with selected locations in Midtown and Harlem, and the group maintains community partnerships with NY Mikoshi Kai and Japan Parade NYC for cultural programming. There is no disclosed revenue, no external funding, and no AI/technology differentiation; the underlying technology stack consists of a Squarespace-hosted central website, individual brand sites, and Square gift card infrastructure.

Name

TIC Restaurant Group

Legal name

T.I.C. Restaurant Group

Website

https://tic-nyc.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Short description

T.I.C. Restaurant Group is a privately held NYC-based Japanese restaurant group founded in 1984, operating 13 distinct Japanese dining concepts primarily clustered in Manhattan's East Village plus Midtown and Harlem, serving general consumer diners and corporate catering clients across sushi, ramen, sake bars, soba, curry, hot pot, and street food.

Ownership category

akta.pro rank

Product category

Japanese Restaurants

NAICS

Full-Service Restaurants (722511), Restaurants and Other Eating Places (7225)

SIC

Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Ethnic & Regional Cuisine Restaurants (THAFACAD)

akta.pro secondary industries

Fine Dining Restaurants (THAFACAA), All-Day Dining Restaurants (THAFACAJ)

Keywords

• Japanese restaurant portfolio
• Authentic Japanese cuisine
• Sushi and ramen dining
• Japanese sake bar
• Corporate catering services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Dine-in Restaurant Sales: Revenue from customers dining at any of the 12+ T.I.C. branded restaurant locations across NYC, including Japanese cuisine concepts such as sushi, ramen, soba, sake bar, teahouse, karaage, hot pot, curry, and Japanese street food.
2. Delivery & Pickup: Takeout and delivery services offered across restaurant locations, generating revenue from food orders placed by customers for off-premises consumption.
3. Catering Services: Corporate event catering, holiday parties, product launches, grand openings, and VIP lounge experiences. Catering draws from any of the 12 T.I.C. branded restaurants with customized menus including bento boxes, sushi, sake tastings, Japanese desserts, and street food.
4. E-Gift Cards: Digital gift cards sold in any amount, redeemable at participating T.I.C. restaurants including Hasaki, Cha-An, Sobaya, Sakagura, and Sake Bar Decibel.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

T.I.C. Restaurant Group operates a portfolio of 13 Japanese restaurant brands across New York City, offering diverse cuisine concepts including Edomae-style sushi, sake bars, ramen, soba, karaage, hot pot, curry, Japanese teahouse and desserts, and street food. The group also provides full-service catering for corporate events and celebrations drawing from all its restaurant brands, and sells e-gift cards redeemable across multiple locations.

Product overview

T.I.C. Restaurant Group is a portfolio of 13 Japanese restaurants and food establishments in New York City, founded by Mr. Bon Yagi. The group operates a diverse collection of dining concepts including sushi (Hasaki), Japanese teahouse (Cha-An Teahouse), dessert shop (Cha-An BonBon), sake bars (Decibel, Sakagura), ramen (Rai Rai Ken), soba (Sobaya), curry (Curry-Ya), hot pot (Shabu-Tatsu), kara-age (Tori-Bien), Japanese street food (Otafuku x Medetai), and grab-and-go bento (Kiosku). The group also offers catering services that leverage all restaurant brands for events, and e-gift cards purchasable through Square. The restaurants are primarily located in the East Village area of Manhattan, with expansion uptown and in Harlem.

Differentiator

Problem solved

Functional benefit

Products and services

• Hasaki Edomae-style sushi and sashimi restaurant on East 9th Street in NYC, opened in 1984, recognized for consistent high-quality sashimi.
• Decibel Japanese sake bar on East 9th Street offering a glimpse into the sake culture of Japan, open since 1993.
• Rai Rai Ken Authentic Tokyo-style ramen restaurant operating in NYC since 2000, with East Village and Uptown/Harlem locations.
• Cha-An Teahouse Japanese-inspired teahouse serving treats and tea on East 9th Street (2nd floor) since 2004.
• Cha-An BonBon Simple dessert shop serving Japanese sweets on East 9th Street.
• Curry-Ya Authentic homestyle Japanese curry restaurant on East 10th Street.
• Hi-Collar Western-inspired Japanese cafe by day that transforms into a sake bar at night, on East 9th Street.
• Sakagura Midtown sake bar and Japanese cuisine pioneer located in the basement level of 211 East 43rd Street, credited with introducing sake culture to NYC.
• Shabu-Tatsu DIY Japanese dining featuring bubbling hot pots and sizzling sukiyaki on East 10th Street.
• Sobaya Restaurant on East 9th Street serving homemade soba noodles and traditional Japanese cuisine.
• Otafuku x Medetai Authentic Japanese street food restaurant serving takoyaki, okonomiyaki, and taiyaki.
• Tori-Bien First kara-age (Japanese fried chicken) specialty store in New York, on East 9th Street.
• Kiosku Bento shop inspired by Japanese konbini convenience stores, offering grab-and-go meals (currently closed).
• Catering Services Catering service drawing culinary offerings from any of the T.I.C. restaurant brands for corporate events, holiday parties, product launches, grand openings, and VIP experiences, with customized menus including bento boxes, sushi, sake tastings, Japanese desserts, and street food.
• E-Gift Cards Digital gift cards sold in any amount through Square storefronts, redeemable at Hasaki, Cha-An, Sobaya, Sakagura, and Sake Bar Decibel.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• NY Mikoshi KaiminorOthersT.I.C. Restaurant Group supports the NY Mikoshi Kai community group dedicated to preserving Japanese culture through mikoshi (portable shrine) festivals. The group participates in Japan Parade events together. T.I.C. provides venue support and event participation for this cultural community organization.
• Japan Parade NYCminorOthersT.I.C. Restaurant Group partners with Japan Parade NYC to carry mikoshi (portable shrines) during the annual Japan Day event, promoting Japanese culture and community building in New York.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tic-restaurant-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TIC Restaurant Group