Simon Woodroffe
British businessman From Wikipedia, the free encyclopedia
Simon Woodroffe (born 14 February 1952[1]) is a British entrepreneur and business speaker, known as the founder of YO! Sushi and Yotel. He appeared as an investor on the first series of BBC's Dragons' Den.
Simon Woodroffe | |
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| Born | 14 February 1952 Oxford, Oxfordshire, England |
| Education | Marlborough College |
| Occupation(s) | Entrepreneur, motivational speaker |
| Known for | YO! Sushi Yotel Dragons' Den |
| Family | Patrick Woodroffe (brother) |
Woodroffe's first YO! Sushi restaurant, opened in 1997, introduced conveyor belt sushi to the UK market and included technology such as automated drink delivery systems, tableside call buttons, and self-heating plates.[2]
Woodroffe was appointed an Officer of the Order of the British Empire (OBE) in 2006 for his contributions to the hospitality industry.
Early life and education
Woodroffe was born in Oxford to a military family; his father served as a brigadier in the British Army.[3][4] He grew up with his younger brother Patrick (born 1954) in Essex, where the family resided in a farmhouse. Woodroffe attended Marlborough College but left at age 16 with only two O-levels.[3]
Career
Summarize
Perspective
After leaving school, Woodroffe started his career as a theatre stagehand.[5] In the 1960s, he became a road crew and stage designer for artists such as Rod Stewart, the Moody Blues and Jethro Tull.[5] Woodroffe subsequently spent several years in the television industry, initially selling rights to rock and pop concerts and later producing programs on extreme sports.[5]
YO! Sushi
Woodroffe founded YO! Sushi in 1997, financing it through extended supplier payment terms rather than traditional start-up capital.[citation needed] Initially perceived as supported by major brands such as Honda and Sony, their contributions were later clarified as minimal sponsorship.[6]
In 2003, Woodroffe sold a controlling stake in YO! Sushi for £10 million to Primary Capital, while retaining a 22% share.[7][4] He later divested his remaining shares but maintained a 1% perpetual royalty agreement on gross sales.[4] In 2023, the brand was sold to Zensho Holdings for £494 million.[8]
Yotel and YO! Company
Woodroffe established the Yotel brand in 2007, introducing compact hotel rooms modeled after first-class airline cabins.[9] The chain began operations at London's Gatwick and Heathrow airports before expanding internationally. By 2016, Yotel operated over 1,000 rooms across three countries.[9]
Through YO! Company, Woodroffe later diversified into property development with YO! Home. He also established YO! Foundation for his charitable activities.[9]
Prison reform advocacy
Woodroffe has supported prison reform by promoting vocational training and entrepreneurship programs for inmates.[10] He has collaborated with organizations such as Make Justice Work, which is focused on reducing reoffending rates and has publicly advocated for policies that prioritize rehabilitation and skill-building within the prison system.[11]
Awards
References
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