Yoshiharu Closes $1.0 Million Private Placement Equity Investment to Advance Expansion into Korean BBQ Segment
Yoshiharu Global Co. (NASDAQ: YOSH) has secured a $1.0 million private placement investment from an accredited investor to fund its expansion into the Korean BBQ (KBBQ) segment. The company, known for authentic Japanese ramen & rolls, plans to leverage synergies between its existing culinary offerings and the KBBQ concept. This strategic move aims to capitalize on the growing demand for KBBQ cuisine, particularly in Southern California.
Yoshiharu intends to utilize its industry experience, expertise, and established supply chain network to enhance purchasing power, attract a wider audience, and explore cross-promotion opportunities. The company's CEO, James Chae, emphasized that this investment will allow Yoshiharu to establish a footprint in the growing Korean BBQ market and expand the brand's leadership in the restaurant industry.
Yoshiharu Global Co. (NASDAQ: YOSH) ha ottenuto un investimento da 1,0 milioni di dollari tramite collocamento privato da un investitore accreditato per finanziare la propria espansione nel segmento del BBQ coreano (KBBQ). L'azienda, conosciuta per i suoi autentici ramen e rolls giapponesi, intende sfruttare le sinergie tra le sue attuali offerte culinarie e il concetto di KBBQ. Questa mossa strategica punta a capitalizzare la crescente domanda per la cucina KBBQ, particolarmente in California del Sud.
Yoshiharu intende utilizzare la sua esperienza nel settore, l'expertise e la rete di approvvigionamento consolidata per migliorare il potere d'acquisto, attrarre un pubblico più ampio ed esplorare opportunità di cross-promotion. Il CEO dell'azienda, James Chae, ha sottolineato che questo investimento permetterà a Yoshiharu di stabilire una presenza nel crescente mercato del BBQ coreano ed espandere la leadership del marchio nell'industria della ristorazione.
Yoshiharu Global Co. (NASDAQ: YOSH) ha asegurado una inversión de 1.0 millones de dólares mediante colocación privada de un inversor acreditado para financiar su expansión en el segmento de BBQ coreano (KBBQ). La empresa, conocida por sus auténticos ramen y rolls japonés, planea aprovechar las sinergias entre sus ofertas culinarias existentes y el concepto de KBBQ. Este movimiento estratégico tiene como objetivo capitalizar la creciente demanda de la cocina KBBQ, particularmente en el sur de California.
Yoshiharu tiene la intención de utilizar su experiencia en la industria, su conocimiento y la red de suministro establecida para mejorar el poder de compra, atraer a una audiencia más amplia y explorar oportunidades de promoción cruzada. El CEO de la empresa, James Chae, enfatizó que esta inversión permitirá a Yoshiharu establecer una huella en el creciente mercado de BBQ coreano y expandir el liderazgo de la marca en la industria de restaurantes.
Yoshiharu Global Co. (NASDAQ: YOSH)는 100만 달러의 사모투자를 인증된 투자자로부터 확보하여 한국 바비큐(KBBQ) 분야로의 확장을 위한 자금을 조달했습니다. 일본의 정통 라멘과 롤로 잘 알려진 이 회사는 기존의 요리 제공과 KBBQ 개념 간의 시너지를 활용할 계획입니다. 이 전략적 움직임은 특히 남부 캘리포니아에서 KBBQ 요리에 대한 수요 증가를 활용하는 것을 목표로 합니다.
Yoshiharu는 업계에서의 경험, 전문성 및 확립된 공급망 네트워크를 활용하여 구매력을 증대시키고 더 넓은 청중을 끌어들이며 크로스 프로모션 기회를 탐색할 의도를 가지고 있습니다. 회사의 CEO인 James Chae는 이 투자가 Yoshiharu가 성장하는 한국 BBQ 시장에 발을 내딛고 레스토랑 산업에서 브랜드의 리더십을 확장할 수 있게 할 것이라고 강조했습니다.
Yoshiharu Global Co. (NASDAQ: YOSH) a obtenu un investissement de 1,0 million de dollars par le biais d'un placement privé d'un investisseur accrédité afin de financer son expansion dans le secteur du barbecue coréen (KBBQ). L'entreprise, réputée pour ses ramen et rouleaux japonais authentiques, prévoit de tirer parti des synergies entre ses offres culinaires existantes et le concept de KBBQ. Ce mouvement stratégique vise à capitaliser sur la demande croissante pour la cuisine KBBQ, en particulier dans le sud de la Californie.
Yoshiharu prévoit d'utiliser son expérience dans l'industrie, son expertise et son réseau d'approvisionnement établi pour améliorer son pouvoir d'achat, attirer un public plus large et explorer des opportunités de promotion croisée. Le PDG de l'entreprise, James Chae, a souligné que cet investissement permettra à Yoshiharu d'établir une présence sur le marché en pleine croissance du barbecue coréen et d'élargir le leadership de la marque dans l'industrie de la restauration.
Yoshiharu Global Co. (NASDAQ: YOSH) hat eine Investition in Höhe von 1,0 Millionen Dollar durch eine Privatplatzierung von einem akkreditierten Investor gesichert, um seine Expansion in das Segment Korean BBQ (KBBQ) zu finanzieren. Das Unternehmen, bekannt für authentische japanische Ramen und Rolls, plant, Synergien zwischen seinen bestehenden kulinarischen Angeboten und dem KBBQ-Konzept zu nutzen. Dieser strategische Schritt zielt darauf ab, von der wachsendem Nachfrage nach KBBQ-Küche insbesondere in Südkalifornien zu profitieren.
Yoshiharu beabsichtigt, seine Branchenerfahrung, sein Fachwissen und sein etabliertes Liefernetzwerk zu nutzen, um die Kaufkraft zu erhöhen, ein breiteres Publikum anzuziehen und Cross-Promotion-Möglichkeiten zu erkunden. Der CEO des Unternehmens, James Chae, betonte, dass diese Investition Yoshiharu ermöglichen wird, Fuß im wachsenden Korean BBQ-Markt zu fassen und die Führungsposition der Marke in der Restaurantindustrie auszubauen.
- Secured $1.0 million private placement investment for expansion
- Strategic entry into high-growth Korean BBQ segment
- Leveraging existing industry experience and supply chain network
- Potential for enhanced purchasing power and wider audience reach
- Opportunities for cross-promotion between ramen and KBBQ offerings
- None.
Insights
Yoshiharu's
Key points to consider:
- The non-brokered nature of the deal suggests strong investor interest and potentially lower transaction costs.
- Expansion into KBBQ could broaden Yoshiharu's customer base and increase revenue streams.
- Utilizing existing supply chain relationships may lead to cost efficiencies and faster market entry.
- Cross-promotion opportunities between ramen and KBBQ concepts could enhance brand visibility and customer acquisition.
However, investors should note that entering a new cuisine segment carries execution risks and may require additional capital. The success of this expansion will depend on Yoshiharu's ability to effectively manage resources across both Japanese and Korean cuisine offerings.
The Korean BBQ market represents a significant growth opportunity for Yoshiharu. The rising popularity of Korean cuisine in the U.S., particularly in Southern California, aligns well with the company's expansion strategy. This move could potentially:
- Tap into a trendy and expanding market segment
- Diversify revenue streams beyond Japanese ramen
- Attract a broader customer base with varied culinary preferences
- Enhance the company's competitive position in the Asian cuisine market
However, success will depend on Yoshiharu's ability to authentically execute KBBQ offerings and differentiate from existing competitors. The company's experience since 2016 in the restaurant sector provides a foundation, but adapting to a new cuisine's specific operational requirements will be crucial. Investors should monitor the rollout process, customer reception and any impact on the core ramen business as indicators of the expansion's success.
Investment Commences Rollout of Strategic Entry into High Growth Category, Leveraging Synergies with Existing Ramen Business to Drive Market Opportunity and Footprint
BUENA PARK, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Yoshiharu Global Co. (NASDAQ: YOSH) ("Yoshiharu" or the "Company"), a restaurant operator specializing in authentic Japanese ramen & rolls, today announced the closing of a non-brokered
As previously-announced, Yoshiharu has identified a growing trend of demand for KBBQ cuisine, predominantly in Southern California, as the popularity of Korean food has expanded American’s rising appetites for Korean BBQ. Having operated in the restaurant sector since 2016, Yoshiharu has leveraged its extensive industry experience and expertise to build a robust network of supply chain stakeholders essential for successful restaurant operations. Recognizing the synergies between its existing suite of culinary offerings and the KBBQ concept, the Company plans to capitalize on the synergies of resources and ingredients for both segments to enhance purchasing power, attract a wider audience, and explore cross-promotion opportunities to further solidify and expand the Yoshiharu brand.
"This private equity investment will allow Yoshiharu to establish a footprint in the growing Korean BBQ market," said James Chae, Yoshiharu’s President, CEO, and Chairman of the Board. "Yoshiharu will leverage our industry expertise and robust supply chain to capitalize on the synergies between the KBBQ concept and our current Japanese ramen offering as we look to expand the Yoshiharu brand as a leader in the restaurant industry. We are expecting to make additional announcements soon as other investors want to join the Company’s KBBQ business.”
About Yoshiharu Global Co.
Yoshiharu (NASDAQ: YOSH) is a fast-growing restaurant operator and was born out of the idea of introducing the modernized Japanese dining experience to customers all over the world. Specializing in Japanese ramen, Yoshiharu gained recognition as a leading ramen restaurant in Southern California within six months of its 2016 debut and has continued to expand its top-notch restaurant service across Southern California and Las Vegas, currently owning and operating 14 restaurants.
For more information, please visit www.yoshiharuramen.com.
Forward Looking Statements
This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding our position to execute on our growth strategy, and our ability to expand our leadership position. These forward-looking statements include, but are not limited to, the Company's beliefs, plans, goals, objectives, expectations, assumptions, estimates, intentions, future performance, other statements that are not historical facts and statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in, or suggested by, these forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our filings with the SEC including our Form 10-K for the year ended December 31, 2023, and subsequent reports we file with the SEC from time to time, which can be found on the SEC's website at www.sec.gov. Such risks, uncertainties, and other factors include, but are not limited to: the risk that our plans to maintain and increase liquidity may not be successful to remediate our past operating losses; the risk that we may not be able to successfully implement our growth strategy if we are unable to identify appropriate sites for restaurant locations, expand in existing and new markets, obtain favorable lease terms, attract guests to our restaurants or hire and retain personnel; that our operating results and growth strategies will be closely tied to the success of our future franchise partners and we will have limited control with respect to their operations; the risk that we may face negative publicity or damage to our reputation, which could arise from concerns regarding food safety and foodborne illness or other matters; the risk that that minimum wage increases and mandated employee benefits could cause a significant increase in our labor costs; and the risk that our marketing programs may not be successful, and our new menu items, advertising campaigns and restaurant designs and remodels may not generate increased sales or profits. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Relations Contact:
Larry W Holub
Director
MZ North America
YOSH@mzgroup.us
312-261-6412
FAQ
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