Wasabi (restaurant)

Wasabi is a fast food restaurant chain based in the United Kingdom, focused on Japanese food, especially sushi and bento, and operating primarily in London, England and New York, US, with further branches elsewhere in England as of 2019.[1] Wasabi was founded in London in 2003 by Dong Hyun Kim, a South Korean entrepreneur.[3]

Wasabi
IndustryFast Food
Founded2003
Headquarters
London
,
United Kingdom
Number of locations
60 (February 2020)
Area served
London, New York (US), and some other parts of England [1]
Key people
Dong Hyun Kim (Founder & CEO)
Revenue £64 million (2014)[2]
Number of employees
1,500 (2015)[2]
Websitewww.wasabi.uk.com

Funding

In October 2016, the company secured £25 million in debt financing from HSBC to support expansion.[4]

Restaurants

As of January 2015, they had 37 outlets in central London, and had opened their first one in New York, US.[3] In June 2015, they opened in Cambridge, England.[2] As of February 2018, Wasabi has a total of 61 branches around the world.[5]

Since October 2017, Wasabi has also been opening sushi counters in some M&S stores.[6]

See also

References
  1. "Branches : Wasabi". Retrieved 18 April 2019.
  2. Sweeney, Kate (18 June 2015). "Sushi surge as Wasabi opens £1m Cambridge outlet". Business Weekly. Retrieved 27 March 2016.
  3. Anderson, Elizabeth (3 January 2015). "New York expansion eats into Wasabi profits". Telegraph. Retrieved 27 March 2016.
  4. "Wasabi gobbles up £25m funding to roll out new sites – Real Business". Real Business. 31 October 2016. Retrieved 1 September 2018.
  5. "Branches". Wasabi. Retrieved 15 February 2018.
  6. Weinbren, Emma. "M&S opens first Wasabi sushi counter". TheGrocer.co.uk. Retrieved 15 February 2018.


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