Simon Woodroffe | |
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![]() Woodroffe in 2012 | |
Born | Oxford, Oxfordshire, England | 14 February 1952
Education | Marlborough College |
Occupation(s) | Entrepreneur, motivational speaker |
Known for | YO! Sushi Yotel Dragons' Den |
Family | Patrick Woodroffe (brother) |
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 .
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.
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]
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] [6] 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]
Woodroffe founded YO! Sushi in 1997, financing it through extended supplier payment terms rather than traditional start-up capital. [6] Initially perceived as supported by major brands such as Honda and Sony, their contributions were later clarified as minimal sponsorship. [7]
In 2003, Woodroffe sold a controlling stake in YO! Sushi for £10 million to Primary Capital, while retaining a 22% share. [8] [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. [9]
Woodroffe established the Yotel brand in 2007, introducing compact hotel rooms modeled after first-class airline cabins. [10] 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. [10]
Through YO! Company, Woodroffe later diversified into property development with YO! Home. He also established YO! Foundation for his charitable activities. [10]
Woodroffe has supported prison reform by promoting vocational training and entrepreneurship programs for inmates. [11] 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. [12]