Yoshiharu Global Secures $4.4mln Investment for Real Estate Expansion

• Yoshiharu Global raises $4.4M from Open Innovation Fund • Funding to support expansion into real estate investment and development • Company seeks to establish new growth engine beyond core restaurant operations • Yoshiharu to transition toward asset-backed revenue model • Restructuring existing food and beverage business for improved profitability • Investment marks key milestone in company's long-term strategy

Yoshiharu Global Co. (NASDAQ: YOSH) has announced the securing of a $4.4 million investment from the Open Innovation Fund, an overseas investment fund. This funding will primarily support the company's expansion into the real estate investment and development sector. The investment will bolster Yoshiharu’s efforts to establish a new growth engine beyond its core restaurant operations.

The convertible note, carrying a 7.0% annual interest rate with a 3-year maturity, is secured by a subordinated lien on the company’s interest in any real property acquired with the proceeds. The investment marks a significant milestone in Yoshiharu's long-term strategy to transition toward an asset-backed revenue model. This move aims to enhance the company’s financial foundation and diversify its portfolio.

Ji-Won Kim, CEO of Yoshiharu Global, commented on the investment, stating, "This investment is more than just capital—it represents a meaningful step in Yoshiharu’s evolution as a company. We look forward to creating long-term value through strategic expansion and a renewed focus on sustainable growth."

Yoshiharu, a fast-growing restaurant operator, specializes in Japanese ramen and has gained recognition as a leading ramen restaurant in Southern California within six months of its 2016 debut. Currently, Yoshiharu owns and operates 15 restaurants across Southern California and Las Vegas. The company is restructuring its existing food and beverage business to improve profitability and is pursuing a long-term strategy to transition toward an asset-backed revenue model.

This investment aligns with Yoshiharu's objective to diversify its revenue streams and reduce reliance on its core restaurant operations. The company aims to leverage the real estate market to create a new revenue stream, thereby strengthening its overall financial position.

References:
[1] https://uk.finance.yahoo.com/news/yoshiharu-global-secures-4-4-211500259.html
[2] https://www.stocktitan.net/news/ENSG/the-ensign-group-adds-real-estate-and-operations-in-ee15l9zw1qrh.html