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Entertainment Center Seeking Loan in Boise, USA

Boise’s thriving comedy club with multi-stream revenue and strong customer engagement seeks growth funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants + 1 more
Locations  Boise
Local Time 3:52 AM America / Chicago
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 250 thousand for 7.0% annual interest, 5 years (Native Currency: USD 250,000)
Reason: We require this funding for building renovations and to support working capital needs.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 60 thousand
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Business Name
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Business Overview
- Located in Boise, the comedy club doubles as a vibrant special events venue attracting a diverse clientele seeking entertainment and dining experiences.
- The business operates with a lean team of 3 employees who manage both live comedy shows and special event hosting, ensuring a personalized customer experience.
- Our offerings include high-demand event tickets, alongside food and beverage sales; these are available both online and at the venue, capturing multiple revenue streams.
- The venue has successfully cultivated a loyal patron base whose repeated attendance reflects strong customer satisfaction and engagement.
- With an increasing demand, the business is poised for expansion and is preparing to transition into a larger venue to accommodate a growing audience and enhance service delivery.
- This comedy club not only serves as an entertainment hub but also significantly contributes to the local cultural scene, drawing patrons several times a month.
- The opportunity to invest in this enterprise offers potential access to a thriving business model in the restaurant and entertainment sector, with promising growth prospects in the Boise market.
Products & Services Overview
Our top-selling products and services include event tickets, food, and drinks.
The general public purchases show tickets through our website or at the door, while food and beverages are sold during performances.
Assets Overview
Tangible assets include inventory and a variety of equipment for both restaurant and theater operations.
Facilities Overview
We currently operate from a 2,800 sq. ft. facility and are seeking a loan to support our relocation to a 9,000 sq. ft. building.
We are finalising a lease-to-purchase agreement for the new space, with the intention to acquire the property within the year.
Capitalization Overview
The business is currently funded through the sale of event tickets, food, and beverages.
There is currently one owner of the business.
We plan to bring in two partners upon relocating to the larger space, with the original owner retaining majority ownership. Existing liabilities include some credit card debt and an EIDL loan from the COVID period, with total debt under USD 60,000.
Recent Activity
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2 Investors contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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