Asian Restaurant Industry in Sandefjord: Current Status and Future Prospects

Overview of the Asian Restaurant Industry in Sandefjord

The Asian restaurant industry in Sandefjord is a small but dynamic sector with 3 registered companies. In recent years, the industry has shown both strong growth and challenges, with a special development in 2021 where sales increased sharply. In 2022, the industry had 15 employees, but this dropped to 6 in 2024 before a mild increase in 2026. Sales figures have been highly variable, with a steep rise from 0 to 467 538 NOK in 2021, followed by a decline in subsequent years.

Sales and Employee Development:

Sales figures have been highly unstable, with a sharp increase in 2021 after being zero in previous years. The number of employees has shown a more gradual development, with a peak in 2022 followed by a decline in 2023 and an increase again in 2026. This may indicate a combination of market conditions and operational challenges in the industry.

In Sandefjord, the following companies are registered in the Asian restaurant industry:

1. Thai Aboy Dee As – Storgata 7, Sandefjord. Organisatorform: AS. Founded 2015-10-15. Number of employees: 13. Not bankrupt.
2. Sunshine Thai Food Anny Øy – Krokemoveien 101, Sandefjord. Organisatorform: ENK. Founded 2025-09-08. Number of employees: 0. Not bankrupt.
3. Tt Food As – Laskenveien 76, Sandefjord. Organisatorform: AS. Founded 2022-08-12. Number of employees: 0. Not bankrupt.

Most companies in the industry are ASs, and only one company has employees. This may indicate that the industry is in an early stage of development, with a focus on small, individual companies.

All companies in the Asian restaurant industry in Sandefjord are located in the district of Sandefjord. There is no spread to other areas in the municipality. This may indicate that the industry is centrally located, perhaps because there is a high population density or a large tourist area in this area. However, only one district is reported to have activity in the industry, which may indicate a limited market reach.

Bankruptcy Statistics:

There are no bankruptcies registered in the Asian restaurant industry in Sandefjord. This is a positive indicator of the industry's stability. However, data on the number of employees and sales show that the industry has been marked by large variations over time, which may indicate uncertainty in operations or market conditions.

Organisational Forms:

Most companies in the industry are ASs, which indicates that they are larger and more formal companies. However, only one company has employees, which may indicate that the industry is in an early stage of development.

Outlook for Entrepreneurs

For entrepreneurs considering starting an Asian restaurant in Sandefjord, it is important to be aware of both the opportunities and challenges. The industry showed strong growth in 2021, but has since been marked by a decline in sales and number of employees. This may indicate that market conditions have been unstable, or that competition has increased. However, there are no bankruptcies registered, which indicates that the industry is relatively stable. Entrepreneurs should therefore consider establishing themselves in a niche, perhaps with a unique culinary offering or a specialization in a particular Asian culture.

Comparison with the Restaurant/Café Sector:

In Sandefjord, there are a total of 108 companies in the restaurant and café industry, showing that the Asian restaurant industry is a small part of this broader sector. Sales figures for the restaurant industry have been more stable, with a peak in 2023 at 347 million NOK, while the Asian restaurant industry has been marked by large variations. The number of employees in the restaurant industry has shown a more gradual development, with a peak in 2024 at 1087 employees.

Peer Companies:

The following companies in the restaurant industry in Sandefjord may be relevant for comparison:

• Select Service Partner As Avd Sandefjord Lufthavn Torp – Hangarveien 3C, 3241 Sandefjord. EBITDA: 7.1 million NOK. Sales: 79.7 million NOK. Number of employees: 73.
• Pepsan Invest As – Thor Dahls gate 1-5, 3210 Sandefjord. EBITDA: 3.2 million NOK. Sales: 17.3 million NOK. Number of employees: 30.
• Kilen Brygge Restaurant As – Kilgata 7, 3217 Sandefjord. EBITDA: 1.6 million NOK. Sales: 13.6 million NOK. Number of employees: 25.

These companies have higher EBITDA and sales than most companies in the Asian restaurant industry, indicating that they have a more stable and successful operation.

The Asian restaurant industry in Sandefjord is a small but dynamic sector with potential for growth. The industry has shown both strong growth and challenges, with a special development in 2021. Entrepreneurs should be aware of both the opportunities and challenges, and consider establishing themselves in a niche. SmartGrunder can help entrepreneurs find suitable addresses in Sandefjord for this industry, based on natural conditions and market challenges.