Kurt Zdesar, who runs Chotto Matte in London's Soho, is thought to be the frontrunner to secure the site of what was Bo London, at 4 Mill Street.
The Michelin-starred Bo London, run by "demon chef" Alvin Leung, closed its doors in March this year. Bo London Limited subsequently went into administration and it recently emerged that the business owed £500,000 to creditors.
Administrator ReSolve Partners had indicated in a report at the end of last month that it was close to finding a buyer for the site, which is thought to have generated plenty of interest.
It is not yet known what Zdesar, who is the former director of operations of Nobu in Europe, and founder of Ping Pong, will do with the site once he has secured it.