Yoshiharu Global Co. (NASDAQ: YOSH), a well-known ramen restaurant operator, has received a $4.4 million investment from the Open Innovation Fund to support its move into real estate investment and development. The funding is part of Yoshiharu’s strategic shift to diversify revenue streams and transition toward an asset-backed business model.
In addition to improving the profitability of its food and beverage operations, the company aims to leverage this capital to establish a more sustainable and long-term growth platform. The investment takes the form of a convertible note with a 7% annual interest rate, a three-year maturity, and is backed by a subordinated lien on any property acquired using the funds.
CEO Ji-Won Kim emphasized that the investment is a pivotal step in Yoshiharu’s evolution, signaling a broader vision for strategic expansion and long-term value creation. Currently operating 15 restaurants across Southern California and Las Vegas, the company is positioning itself to grow beyond its hospitality roots and into real estate development.
Source: Yahoo Finance
