Wasabi (restaurant)

Wasabi is a fast food restaurant chain based in the United Kingdom, focused on East Asian-inspired fast 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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