Want to invest in a business for a fraction of the price? Playing business , a franchise crowdfunding platform, announced that this week the first round of investment Sports garden begins, a concept of family entertainment combined with a new architectural trend in Ecuador .
The tour seeks to increase a minimum of 5 million pesos, with a minimum gross return of 20% per annum. The thematic place is part of the Garden Group company in Ecuador and will provide returns on investment through its seven business segments: 1. Real estate, 2. Food and drink, 3. Sponsorships, 4. Delivery, 5. Organization of events, 6. Additional services, and 7. Internal dealer services.
The opening of the thematic plaza, which will be located in Guayaquil, Ecuador, is scheduled for 2021, during the Qatar 2022 World Cup qualifiers, and will be the first “outdoor†entertainment thematic plaza in the era. of COVID-19. The investment round you take with Play Business provides for an accelerated payback period of less than four years and considers a minimum return of 20% gross per year.
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“For Play Business, the fact that an international company like Garden Group trusts us to raise its first round of investment is an opportunity to open our portfolio to new markets, allowing more companies to benefit from this model. and more investors to gain access to unique investment opportunities with significant benefits. In this case, we are talking about the project with the highest expected profitability in the history of the candidate company, â€explained Joan Segura, CEO of Play Business.
The capital of the investment round will be allocated to the following items: pre-operating costs (6%), design and construction plans (2%), real estate promotion and marketing (1%), construction and finishes (40%) , decoration and general fit-out (15%), supply of equipment and furniture for the operation (20%), launch and inauguration (1%) and working capital and start-up (15%).
“Our business model is the creation and conceptualization of thematic entertainment venues for the whole family, which cover the unsupervised need for urban recreation in the city, linked to the services necessary in the daily life of our main target group: millennials, as well as as its family nucleus, â€explained Ricardo A. Delle Donne Salem, CEO of Garden Group.
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