Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

NEWS

Yoshiharu Closes Acquisition of Three Las Vegas Restaurants


Yoshiharu Global Co. (NASDAQ:YOSH), a California-based restaurant operator specializing in Japanese ramen, has completed its acquisition of three Las Vegas restaurants for $3.6 million. The purchase involved a mix of cash, promissory notes, and convertible notes, giving the seller an option to convert debt into YOSH common shares. The seller will continue as managing director of the acquired restaurants. Yoshiharu expects these restaurants to generate $6 million in annual revenue in 2024 and aims to break even in the latter half of 2024, with profitability projected for 2025.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
Translate
Report
5056 Views
Comment
Sign in to post a comment