Tonkotsu Limited

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Tonkotsu Limited - overview

Established

2012

Location

London, England, UK

Primary Industry

Travel & Leisure

About

Tonkotsu Limited is a UK-based restaurant chain specializing in authentic ramen and Japanese cuisine, providing freshly made dishes and condiments to a diverse customer base across various locations. Founded in 2012 in London, UK, Tonkotsu Limited operates restaurants that serve authentic ramen and related dishes. The company, founded by Emma Reynolds, has made strides in expanding its footprint with a focus on quality ingredients. In June 2019, YFM Equity Partners invested GBP 5 million in a GROWTH funding round, marking their first significant investment, which also represents the total amount raised by the company.


Tonkotsu specializes in delivering authentic ramen experiences through its core offerings, which include a variety of freshly made ramen dishes, gyoza, katsu curries, and house-made condiments, such as their award-winning chilli oil. The company emphasizes ingredient quality, sourcing premium items like Dingley Dell Pork and Clarence Court Eggs, and prides itself on making all noodles, broths, and sides from scratch. Their offerings aim to provide customers with a genuine taste of Japanese ramen culture, fulfilling the demand for high-quality ramen in the UK. Tonkotsu operates in multiple locations, including London, Birmingham, Brighton, and Bristol, catering to both dine-in customers and takeout orders via their chilli oil shop, extending their reach beyond the restaurant experience.


In 2023, Tonkotsu reported a revenue of GBP 17,143,435. 10 and an EBITDA of GBP 696,701. 90. The company's revenue is primarily generated through direct-to-consumer sales in their restaurant locations and online sales of condiments, with a structured pricing model reflecting the quality and preparation effort of their menu items.


They have also partnered with local breweries to enhance their beverage offerings, contributing to overall revenue from beverage sales. Tonkotsu Limited plans to leverage the GBP 5 million investment from YFM Equity Partners to support its growth strategy. This includes launching new products designed to expand its menu and enhance the customer experience. The company aims to enter new geographic markets, focusing on potential expansion into additional UK cities by 2025, with a commitment to maintaining high-quality standards in its offerings.


Current Investors

YFM Equity Partners

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.tonkotsu.co.uk

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Tonkotsu Limited - timeline of key events

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Tonkotsu Limited - financials

Fiscal Year EndedDec 27, 2020Dec 26, 2021Dec 26, 2022Dec 31, 2023Dec 29, 2024
Revenue (USD)5,523,5088,042,555---
% Revenue Growth (YoY)-45.6%---
EBITDA (USD)(72,337)8,176,081---
Operating Income (USD)(615,351)(430,935)---
Operating Margin(11.1%)(5.4%)---
% EBITDA Margin(1.3%)101.7%---
NET Income (USD)(594,633)(365,486)---
% Net Margin(10.8%)(4.5%)---

Tonkotsu Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedTonkotsu Limited-

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Tonkotsu Limited - employee data

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