Japanese Cuisine Survives: SANYUAN Restaurantbetriebs GmbH’s Successful Restructuring Efforts Amidst the Covid-19 Pandemic

SANYUAN Restaurantbetriebs GmbH, the company behind the Chinese restaurant “Lucky Wok” in Vienna, recently underwent restructuring proceedings without self-administration. The company faced challenges during the Covid-19 pandemic due to a drop in sales and cost increases. However, the company has implemented restructuring measures, including providing a 20 percent restructuring plan quota for creditors.

In terms of financial performance, SANYUAN Restaurantbetriebs GmbH reported a retained profit of EUR 1.529 million in 2022, with liabilities amounting to EUR 1.85 million. Despite the challenges faced, the company’s continued existence is financially secure. The restructuring measures undertaken have helped stabilize the company’s operations.

The restaurant offers a buffet system where customers can take whatever they like without having to wait for specific dishes like in running sushi. Customers can visit the buffet as many times as they want or order individual dishes from a menu if they prefer to stay at their table. The restaurant is known for its popular “All You Can Eat Sushi” in Vienna and offers fresh and tasty Japanese cuisine.

SANYUAN Restaurantbetriebs GmbH has made adjustments to its pricing and food offerings to better align with market conditions. Creditors are offered a structured repayment plan to address outstanding debts.

Overall, the company is working towards a sustainable future despite the recent challenges it has faced.

In conclusion, SANYUAN Restaurantbetriebs GmbH’s restructuring efforts have helped stabilize its operations and secure its financial future after facing difficulties during the Covid-19 pandemic. Customers can choose from either an all-you-can-eat buffet system or order individual dishes from a menu while enjoying fresh and tasty Japanese cuisine at “Lucky Wok.”