Wasabi Up

10th January 2023

Wasabi, which operates 44 sushi and bento takeaway food shops and restaurants across London and the UK and sells its products through supermarkets throughout the country, increased its turnover by some 41% in the year to December, as stores saw an end to lockdown-related restrictions and the company continued to expand. Turnover was up to £66m from £47m the previous year. However, turnover still below pre-covid levels. New sites opened in Putney, Clapham Junction, London Bridge and Bishopsgate – expansion in suburban areas comes after “strong sales of similar suburban sites” and is seen as “an attractive area for future growth”. Chief executive Henry Birts said a partnership with Sainsbury’s had also delivered “continued success”.