Wasabi (restaurant)

Wasabi
Industry Fast Food
Founded 2003
Headquarters London, United Kingdom
Number of locations
 38 (January 2015)
Area served
 London and New York
Key people
 Dong Hyun Kim (founder)
Revenue £64 million (2014)[1]
Number of employees
 1,500 (2015)[1]
Website www.wasabi.uk.com

Wasabi is a fast food restaurant chain based in the United Kingdom, focused on Japanese food, especially sushi and bento, and operating in London and New York. Wasabi was founded in London in 2003 by Dong Hyun Kim, a Korean entrepreneur.[2]

Funding

In October 2016, the company secured £25 million in debt financing from HSBC to support expansion[3].

Restaurants

As of January 2015, they had 37 outlets in central London, and had opened their first one in New York.[2] In June 2015, they opened in Cambridge.[1] As of February 2018, Wasabi has a total of 61 branches around the world.[4]

Since October 2017, Wasabi has also been opening sushi counters in some M&S stores.[5]

See also

References

  1. 1 2 3 18 June, 2015 - 15:34 By Kate Sweeney (2015-06-18). "Sushi surge as Wasabi opens £1m Cambridge outlet | Business Weekly | Technology News | Business news | Cambridge and the East of England". Business Weekly. Retrieved 2016-03-27.
  2. 1 2 "New York expansion eats into Wasabi profits". Telegraph. Retrieved 2016-03-27.
  3. ↑ "Wasabi gobbles up £25m funding to roll out new sites – Real Business". Real Business. 31 October 2016. Retrieved 1 September 2018.
  4. ↑ "Branches". Wasabi. Retrieved 2018-02-15.
  5. ↑ Weinbren, Emma. "M&S opens first Wasabi sushi counter". TheGrocer.co.uk. Retrieved 2018-02-15.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.