Wasabi (restaurant)

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Wasabi
IndustryFast Food
Founded2003
Headquarters
London
,
United Kingdom
Number of locations
60 (February 2020)
Area served
London, New York, and some other parts of England [1]
Key people
Dong Hyun Kim (founder)
Revenue£64 million (2014)[2]
Number of employees
1,500 (2015)[2]
Websitewww.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 primarily in London and New York, with further branches elsewhere in England as of 2019.[1] Wasabi was founded in London in 2003 by Dong Hyun Kim, a Korean entrepreneur.[3]

Funding[edit]

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

Restaurants[edit]

As of January 2015, they had 37 outlets in central London, and had opened their first one in New York.[3] In June 2015, they opened in Cambridge.[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[edit]

References[edit]

  1. ^ a b "Branches : Wasabi". Retrieved 2019-04-18.
  2. ^ a b c 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.
  3. ^ a b "New York expansion eats into Wasabi profits". Telegraph. Retrieved 2016-03-27.
  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 2018-02-15.
  6. ^ Weinbren, Emma. "M&S opens first Wasabi sushi counter". TheGrocer.co.uk. Retrieved 2018-02-15.

External links[edit]