Boulder Hut co-founder, Sam Oxford, has been climbing for the past 10 years. She started putting plans in place to open Boulder Hut when she was being made redundant in 2012. Having had Jack in 2015 she realised the huge gap in the market for a climbing wall which caters for everyone from birth.
Our first week of Crowdcube equity fundraising
We’ve had a fantastic first week of our Crowdcube equity fundraiser. We’ve had heaps of interest in our pitch, sent out countless business plans, have had 14 different pitch discussions already, and we’re so pleased that we have 114 investors on board and are 22% of the way there. Thank you to our investors for your support, it means so much.
Away from Crowdcube this week, we’ve secured a bank loan for £25k for 5 years at 7.9% fixed (and another lender is trying to beat the deal) and we’ve negotiated 3 months’ rent free and a further 4 months at half rent on the building.
On Wednesday, Sam started looking at the interior fit with sustainable building experts The Roundhouse Company and have some cool ideas in the pipeline.
Coming up this week, we have a webinar this Saturday 2pm BST (which can be accessed through Crowdcube), and have some interesting discussions tabled.
Thanks everyone for your support, it’s been phenomenal. We’re looking forward to getting Boulder Hut off the ground and delivering an exceptional climbing experience for all.
Hope you have a great bank holiday weekend!
Sam, Ant and Jack
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