Asset - backed revenue model

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Yoshiharu Global Secures $4.4 Million Investment to Accelerate Expansion into Real Estate
Globenewswireยท 2025-08-04 21:15
Core Insights - Yoshiharu Global Co. has secured a $4.4 million investment from the Open Innovation Fund to support its entry into the real estate investment and development sector, marking a strategic shift beyond its core restaurant operations [1][2] - The company aims to transition towards an asset-backed revenue model while restructuring its existing food and beverage business for improved profitability, indicating a long-term growth strategy [2] - The investment will be facilitated through a convertible note with a 7.0% annual interest rate and a 3-year maturity, secured by a subordinated lien on any real property acquired with the proceeds [3] Company Overview - Yoshiharu is a fast-growing restaurant operator known for its Japanese ramen, having established itself as a leading ramen restaurant in Southern California shortly after its 2016 debut [4] - The company currently operates 15 restaurants across Southern California and Las Vegas, indicating a strong presence in the regional market [4] - CEO Ji-Won Kim emphasized that the investment represents a meaningful step in the company's evolution, focusing on creating long-term value through strategic expansion and sustainable growth [4]