Project Double Play – First Closing

$1,000.00

Currently Oversubscribed

Multi-unit restaurant and entertainment concept backed by a top tier private equity firm is looking to take on modest debt in order to speed their growth.


Total Return: Undisclosed

Total Availability: $8,000,000 at first closing

 

 

  • Total Loan Size: $20,000,000
  • Loan Priority: Senior Secured
  • Cash Interest Rate (net, annualized): 10.7% floating
  • Term Length: 2 years
  • Loan Amortization: Interest only, with a balloon payment at maturity

$0 Available for Subscription

COMPANY OVERVIEW

CrowdOut is inviting sophisticated investors to participate in a senior secured term loan facility to Punch Bowl Social, a multi-unit restaurant and entertainment concept. The Company partnered with a large private equity firm, L Catterton, that focuses on consumer and retail brands, and has been the driver of many successful concepts over the last three decades. The Company currently has twelve locations and is in the process of building ten more in the next two years. With bowling, karaoke, craft cocktails and high-quality cuisine, the Company is able to capitalize on corporate events and large parties, making it a premier entertainment location.

NON-DISCLOSURE FORM: To receive more information, please complete this Non-Disclosure Form and we will reach out to you directly.

THIS LOAN IS SUBJECT TO FINAL CONFIRMATORY DILIGENCE AND DOCUMENTATION.

 

 

 

Offline Payment Instructions:

CrowdOut will securely initiate bank transfers via ACH from your account. Monthly interest and principal will be remitted to your account directly.

NON-DISCLOSURE FORM: To receive more information, please complete this Non-Disclosure Form and we will reach out to you directly.

The forward-looking statements included on this website, INCLUDING any PROJECTIONS SET FORTH herein, are not historical facts or guarantees of performance, but rather are based upon the Company’s expectations, estimates and projections.  Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “hopes,” “estimates,” “projects,” “forecasts,” “potential” and similar expressions and variations of these expressions, or future or conditional words such as “will,” “would,” “should,” “could,” or “may,” are intended to identify forward-looking statements.  Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, many of which are beyond the control of the Company, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.  These risks and uncertainties include those described below in the section entitled “RISK FACTORS AND CERTAIN CONFLICTS OF INTEREST.” NO ASSURANCE CAN BE GIVEN THAT YOUR INVESTMENT OBJECTIVES WILL BE ACHIEVED.  The Company does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You are cautioned not to place undue reliance on forward-looking statements.

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