sushi conveyor belt sale

Sushi, the chain of Japanese restaurants, has announced plans to launch 50 new stores across the US over the next six years. The UK-based conveyor-belt sushi business will open two new sites in New Jersey and Florida by December this year, with a further restaurant opening in New Jersey and one in Tampa at the beginning of 2015. The ambitious US expansion strategy is likely to inflate Yo! Sushi’s valuation ahead of its mooted sale by private equity owner Quilvest. In May of this year, Quilvest appointed bankers at Canaccord to explore interest in the business. It was valued at £120m. Sushi CEO Vanessa Hall refused to comment on how the US expansion could affect the company’s asking price. However, she said that, “international expansion will make a valuable contribution to YO! Sushi’s announcement follows a move from rival sushi chain Itsu, which announced that it was expanding into the US last month. Both firms are focusing their efforts on the East Coast. Sushi is the larger of the two restaurant chains, both in terms of restaurant portfolio and sales.
It currently boasts 80 stores – 70 in the UK and 10 international franchises in the Middle East, Ireland and Scandinavia. The company made £4.7m profit last year on revenues of £71m. Turnover at Itsu, which has 50 stores in the UK, hit £45.2m last year with pretax profits of £3.3m. Ms Hall said of the US opportunity for sushi firms: “The eating out market in the US is the biggest in the world and the fastest growing part of that is fast Asian.” Sushi was founded in 1997 by entrepreneur Simon Woodroffe. It was the first brand to bring the concept of Japanese “kaiten” sushi bars and their maki roll conveyer belts to the UK. Woodroffe sold out entirely when the business changed hands to Quilvest, but still receives a royalty worth 1pc of turnover and retains a stake in the other Yo! Home Conveyor Belt Sushi Train Restaurant Kaiten-zushi raw fish serving boat Worldwide express shipping (trackable and insured): US$ 31Single item cost. Multiple order discount displayed at checkout.
Home Conveyor Belt Sushi Train Restaurant includes a miniature boat that moves around the conveyor belt. jiro dreams of sushi imdbPlace trays of sushi on the carriages and let this toy carry your meal around the dining table, just at like a kaiten-zushi restaurant!buy sushi nori uk The set includes a spoon that can make perfect sushi-sized blocks of rice. sushi online san felipe telefonoJust add your choice of raw fish for the final touch. where to buy smoked eelA perfect toy for kids to have fun in the kitchen with healthy food.Home Conveyor Belt Sushi Train Restaurant features: Includes boat, plates (8), carriages (4), tracks (8), spoon, serving paddle
Recommended for ages 8 and up Power: C battery x 1 (not included)HONG KONG—Bidders including Asian private-equity firm MBK Partners LP are in discussions to buy Japanese sushi chain Sushiro Global Holdings Ltd., according to people familiar with the matter, in a deal that could fetch about $1.5 billion. MBK and at least one other bidder are in discussions to buy the conveyor-belt sushi chain from European buyout firm Permira, the people said. A sale of Sushiro could fetch about $1.5 billion, or roughly 10 times its earnings before interest, taxes, depreciation and amortization. Obama Gets Emotional During Tribute to Wife Michelle Obama Addresses His Legacy in Farewell Speech President Obama Ends Farewell Speech With ‘Yes We Can’ Deadly Terrorist Attacks Rock Afghanistan FIFA Expands World Cup to Boost Revenue RT @SteppenwolfThtr: We're participating in Chicago Theatre Week February 9-19! Join us for our January #OpenHouses. RT @mintiiB: Super excited to be here @codemash
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