We are a casual sushi restaurant focused on takeout and delivery. Located at a remodeled Subway restaurant, our set-up is well-suited to a fast-casual service experience – we try to be different by being clean, bright, and modern while other sushi restaurants focus more on a traditional look with dark ambiance.
While most sushi restaurants use frozen fish and inappropriate rice – and then disguise the cheap ingredients with heavy sauces – we focus on a small menu with high-quality, fresh ingredients. Because of our dedication to fresh seafood, our training system and quality control are big priorities.
We have a [Read More]
Food and Bev
Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.
September 24, 2020
December 08, 2020
Open to Investors
Jin Cha has been a sushi chef for 10 years. He is a South Korean immigrant with a bachelor’s degree in law from a Korean university. He served in the South Korea Navy for 3 years as a joint military practice with the U.S. Navy.
Jo Cho came to U.S. in the year 2000 at the age of 14 from South Korea. He graduated from Michigan State University with a major in Linguistics. He has 4 years of experience in sushi.
Loan Purpose: Open second location
Offering Amount: $50,000 - $160,000
Interest Rate: 9.75%
Payments: Monthly, disbursed to investors quarterly
Maturity: 6 months interest only + 54 months fully amortizing
Personal Guaranty: Jo Seph Cho and Haksoon Cha
Security Interest: Blanket lien on assets of company