Wagamama & crowdfunding: they raised € 177.000,= in two hours for their new location

3-3-2015

Wagamama, a Japanese noodle restaurant, raised € 177.500,= through Collin Crowdfund in only two hours for their new location at the ‘IJ riverside’ of Amsterdam Central Station. A total amount of € 225.000,= is collected from the public. The new Wagamama restaurant opens her doors at 1 June 2015.

Wagamama fast casual dining

Arjen Schrama took London’s Wagamama formula to the Netherlands in 2000. After the Wagamana restaurants at the Rembrandt square, Leidseplein and Zuidplein (WTC) the ‘IJhall’ will be the fourth location in Amsterdam. The restaurant will have 120 seats and a terrace with 60 seats. The restaurant is completely transparent on the front and the back and offers a view over ‘the IJ river’ and the Eye Film Museum across the river.

The “fast casual dining” formula provides freshly prepared food and lots of choices for travellers who need a fast, affordable meal or a 2- or 3-course dinner.

Wagamama & crowdfunding

The total investment of the new Wagamama restaurant is € 450.000,=. Half of this investment comes from the company’s own funds. The other half is loaned by private investors through a linear loan of 48 months with an interest rate of 6,5%. The network of Arjen Schrama already invested € 47.500,= in Wagamama. The remaining € 177.500,= was later added by the investors of Collin.

Collin Crowdfund

Collin is the bridge between investors who are looking for more return on their investment and smaller companies in need of financing funding. Companies in need of funding from € 50.000,= till € 2.500.000,= can go to Collin. In order to make both sides successful, Collin introduced ‘Crowdfund Coaches’ who will accompany the entrepreneurs through the process. The Crowdfund coaches will also be coordinating the contact between the entrepreneur and the investors after the completion of the loans.

Website: Wagamama

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