Is This Wizard Golf Empire Built On A Solid Foundation?!

Is This Wizard Golf Empire Built On A Solid Foundation?! | Dragons' Den

Рет қаралды 82,662

2 ай бұрын

Ben and Phil are asking £200,000 for 5 % of their company 'The Hole In Wand'
Season 20, Episode 12.
An international sensation, Dragon's Den features entrepreneurs pitching for investment in the Den from our Dragons, five venture capitalists willing to invest their own money in exchange for equity.
#DragonsDen #BusinessPitch #TheHoleInWand

Пікірлер: 131

@coxie2foxy 2 ай бұрын

That counter offer was silly. They didn’t want a deal. 15 or 12.5

@thesadwolf 2 ай бұрын

I need a potion to understand their business model.

@benstevens2348 2 ай бұрын

Walking away was insane

@sshms414 2 ай бұрын

Probably the right decision you can't book in the York one it's always full

@MF_JONES 2 ай бұрын

Was it insane though? If it works out he gets his full investment back within 1 year and he's still holding on to 15% of a 1.2M net profit, so still taking 180k per year even though he got his full investment back that quickly?

@Sam26039 2 ай бұрын

Spoiler clown

@SpyroTek 2 ай бұрын

@@Sam26039 What?

@AdamBechtol 2 ай бұрын

@@MF_JONES Mmmm

@BenjaminGoose 2 ай бұрын

£200k for 5%? They are just there for advertising.

@callum9999 2 ай бұрын

They're projecting a £1.2m profit... I'd agree it's still too high, but its no more unrealistic than the typical pitch on this show.

@WattzArtist 2 ай бұрын

@@callum9999but it isn't worth that much right now though

@user-ce6uq3dn9o 2 ай бұрын

Or perhaps they were looking for 5%....?

@jr5925 2 ай бұрын

Feel like a lot of those low percentages are starting positions because they know dragons are likely to ask for considerably more.

@HHHKingofKings58 2 ай бұрын

For a business that makes a net profit of £350k per location, that's not unreasonable

@bobstirling6885 2 ай бұрын

They should have snatched the 15%.....they got him to halve his offer!!

@Geoglyph89 2 ай бұрын

Half of 33 is not 15.

@bobstirling6885 2 ай бұрын

@@Geoglyph89 never heard of approximation...okay they got him to better than halve his offer....happy now??

@catman2484 2 ай бұрын

AND?! His initial offer valued the business at 1.3 million, on a business that will make 1.2 net!! EVEN IF IT MAKES HALF OF THAT, JUST A PREPOSTEROUSLY BAD DEAL!

@Geoglyph89 2 ай бұрын

@@bobstirling6885 You have to know your numbers to get investment. If you mean to approximate, you should let it be known. Your numbers were wrong - I'm out.

@bobstirling6885 2 ай бұрын

@@Geoglyph89 ah, bless....a pedant.....

@trayel83 2 ай бұрын

Choked on 3%. Lol. People seem to forget the dragons aren't just giving you the money and waiting on their check. Their actually putting a team behind the business. A team that expects to be paid from the dragons cut. What ever numbers you have projected your going to exceed that amount when their team gets involved.

@thebegoniaowner 2 ай бұрын

Their potions cauldron shop has such a massive queue outside of it every day that they have to get sales assistants to stand outside and direct the flow of traffic.... I have never seen that place be open and NOT have a queue.

@rmhs19 2 ай бұрын

Maybe a FLOW SIGNAL should be used to help direct the flow of traffic

@M4nvrs 17 күн бұрын

I've worked at the Harry Potter shop in King's Cross Station, and if you want to see queues I'd recommend checking it out. It's a different animal! It also has a dedicated security team, because it needs it.

@kevinleesmith 2 ай бұрын

I think the confusion comes from them taking 300k profit, but reinvesting 200k of it. So instead of saying 300k net profit, of which we reinvested 200k of it, leaving us with 100k. They just said their net profit was 100k

@scottwallbank4794 2 ай бұрын

Yeah, they said during this that they had spent some into the new course. I really didn't understand the confusion.

@AdamBechtol 2 ай бұрын

@@scottwallbank4794 Maybe they gotta concoct drama to cover for being out.

@user-wx9ky9lr1y 2 ай бұрын

They were smart in the end and are doing very well! 🎉🎉🎉

@trayel83 2 ай бұрын

You would to if you had free advertisement. But their doing less then they would actually be doing with one of the dragons team behind them

@hemmatv1582 2 ай бұрын

Omg 😳 they blow it for 2,5% ?!

@supapesh 2 ай бұрын

Confusing business model and numbers. Am I the only one who was lost throughout the episode?

@callum9999 2 ай бұрын

The numbers are confused, but the concept is pretty simple. Its a bar with minigolf that sells custom drinks.

@russnunn2456 2 ай бұрын

I got from that the money they couldn’t explain was the money re invested for set up for the next branch .but yeah I agree was a bit confusing .i think they should be aloud to have it all written down all worked out to a tee so they can refer to that to help in that high pressure situation

@Im_not-the_father 2 ай бұрын

@russnunn2456 it's "allowed" Russ

@gamewithadam7235 2 ай бұрын

Should have focused more on Toukar he could have had one at every Marks and Spencers location across the countrry!

@JeremiahEcks777 2 ай бұрын

To be fair they must be doing something right to be turning a shop profit on the Shambles.

@Pobsta-de7hb 2 ай бұрын

yea but i was playing mini golf 15 mins from my house here in Germany last weekend which is 4d, you can feel the wind, everything is 4 with the glasses it effects play, everything is in the dark but illuminated in neon lights, it is simply amazing and looks amazing, not to mention the fun. Oh and it is packed day in day out. I cant see this going far

@leeatkin9583 2 ай бұрын

That what I thought (put aside their other business) crazy/mini golf is like printing money, really surprised the other 4 Dragons withdrew so quickly.

@grahamfree3175 2 ай бұрын

Cheap to build on expensive land, which increases in value once purchase afforded. Plus an easy to clear site when sold to realtors!

@mad-cyantist3159 2 ай бұрын

They need to use some of that money and Make a Better Looking Mascot.

@TheManInBlueFlames 2 ай бұрын

This could work!

@Helthurian 2 ай бұрын

Someone needs to let Deborah know that a putter isn't a driver lol.

@Nick-7432 2 ай бұрын

Debbie*

@Helthurian 2 ай бұрын

@@Nick-7432? Deborah Meaden is her full name. I did realize I spelt Deborah wrong though.

@joelheskey6095 2 ай бұрын

don’t think she cares mate

@Nick-7432 2 ай бұрын

@Helthurian Nah she prefers Debbie or Debz.

@KeithJones-yq6of 2 ай бұрын

Having Jones on your board would make you much bigger

@cowgirl.4363 2 ай бұрын

He looks like uncle Fester

@JonasHamill 2 ай бұрын

Literally all I was thinking the entire time

@Reeso17 2 ай бұрын

How are they doing that with the drink? 😮

@Private722 2 ай бұрын

Magic

@AdamBechtol 2 ай бұрын

Ask any decent high school/ college chemist.

@kichoojk 2 ай бұрын

Why doesn't BBC not publish the pitches those are just there for PR?

@liamcollinson5695 Ай бұрын

Well considering my sister took my niece and nephews to the one in blackpool last year I imagine they are doing good the kids loved it and it wasn't too expensive so they are probably doing well

@johnoh56 2 ай бұрын

Tuca doesn’t get out of bed to do a sneaky fart for 5 percent 😜

@belindashaw764 2 ай бұрын

A good advertising platform.

@tonytoonstours 2 ай бұрын

More on the show to advertise. To have someone like Peter Jones offer to go thirds, is amazing. Then he agreed to go down to 15% if he gets his money back is a no brainer but for the sake of another 2.5 percent they say no. Yeap, just to advertise

@mercboy111 2 ай бұрын

I would’ve taken the deal.

@lizzieedwardss 2 ай бұрын

sick video guys !

@JazzyMarineVet 2 ай бұрын

They believe their own smoke. They're just a putt-Putt golf that will lose interest after a year, I mean how many times is someone to go to that same deal. You turn down 6'7 Peter Jones and his prominence within the business community? That was a big mistake

@sshms414 2 ай бұрын

Made 3.5 million last year

@onyx5953 2 ай бұрын

Can’t believe they walked away over 2.5% especially after having zero clue on the numbers

@DomsDocs 2 ай бұрын

Walking away from 15% with Peter is insane. These guys I think came in for publicity.

@mand7favs1 2 ай бұрын

wow , throwing Peter Jones out of the window! Phew unbelieveable!!

@xamurai00 2 ай бұрын

Look out the window to see what they are driving. That might help with what happened the profits.

@JL-gf3yc 2 ай бұрын

Where’s the serious business program called dragons den with more tense music? This is just a comedy show

@Zenocius 2 ай бұрын

It's gonna become like Glasgow's "Wonka's chocolate factory"

@AdamBechtol 2 ай бұрын

@jakesmith-bs4jd 2 ай бұрын

They should just focus on selling those swirly magic drinks without the creepy mascot

@suedenim 2 ай бұрын

How do those work, btw? Is it some sort of optical effect built into the bottle, or are the liquids constantly swirling somehow?

@joshjordan1486 2 ай бұрын

Why they make peter go?😂 tallest one there, tiny putter.

@rleriche5044 2 ай бұрын

What were they yapping about?

@imanishay 2 ай бұрын

We know which one the boss is 🤦‍♀️

@crossxfuse 2 ай бұрын

It doesn't seem to matter anymore whether or not they get a dragon cause in the end the business just ends up not doing that great or they go out of business.

@10wanderer 2 ай бұрын

Ben DOWN & Phil McCAVITY

@juniordunkley2751 2 ай бұрын

Love this show and Shark tank shows you starting and running a successful business is far from easy

@Updownleftright6 2 ай бұрын

2:00 touker takes off his glasses to get a better look at the bottle 😂

@dimitarafanasjev9284 2 ай бұрын

Not funny

@nicolepretorius1178 2 ай бұрын

You do know people can have glasses only for near-sightedness or far-sightedness?

@ianrae1546 2 ай бұрын

I would’ve had to have done the same.

@TheZombie001 2 ай бұрын

I do the same. It’s called short sighted

@Updownleftright6 2 ай бұрын

@@dimitarafanasjev9284 super funny 🤣🤣

@devinsiriwardena7296 2 ай бұрын

They were just there for advertising.

@coolbeanz1702 2 ай бұрын

Did they tell you that?

@zappatron_tom5653 2 ай бұрын

So they turned him down for 2.5 % what a pair

@ChrisChanningChannel 2 ай бұрын

fools ... knowing they should have accepted within a few seconds of refusing! Very sad.

@PropertyofJesus777 2 ай бұрын

Well forecasting 1.2 for the first year is an instant double your money. Awful offer. Right decision.

@Kasperbjerby 15 күн бұрын

Why on earth did they not take the deal with Peter? It was a good deal, and just got even better when they got him to go down to 15% if he got his money back.. They never wanted a deal, only marketing by being on tv or they are delusional about how much it is worth

@saulcontreras313 2 ай бұрын

3 muppets in

@photographylax 2 ай бұрын

Eid Mubarak 🎉

@catman2484 2 ай бұрын

Good for them... They shouldn't have even entertained that offer. Valuing a business at 600k that will make 1.2 million net profit is beyond ludicrous... EVEN IF THEY MAKE HALF OF THAT! And what can Peter Jones add to a crazy golf business?! There's no tech, no digital... The guys have been smart there, walking away was COMPLETELY the right thing to do

@conquestmedia2490 2 ай бұрын

that was a mistake

@catman2484 2 ай бұрын

Did anybody else listen to the pitch, and have absolutely NO CLUE what they were pitching??!

@marchumphreys3865 2 ай бұрын

This episode is years old

@markvega5036 2 ай бұрын

Confusing business tbh.

@user-ce6uq3dn9o 2 ай бұрын

bluuuuuuuurrrrrrrrrghhhhhhhh 🙄

@entityunknown1668 2 ай бұрын

repost

@gonemachado 2 ай бұрын

Ok cool but Gone Machado just dropped album of the century that’s fr magic

@JonasHamill 2 ай бұрын

Does this work?

@gonemachado 2 ай бұрын

@@JonasHamill idgaf its the truth go google it

@AusTraLiaNPsyChO 14 күн бұрын

@@JonasHamill No. lol

@nigelwilliams9307 2 ай бұрын

Ridiculous disjointed business.

@JL-gf3yc 2 ай бұрын

🥱

@stephenwoodward9771 2 ай бұрын

Greedy

@Firedancer100 2 ай бұрын

Ethereum 🎉

@jamiebuiten5931 2 ай бұрын

Guess I am first?

@gardensoflondonmwgs7836 2 ай бұрын

Well done 👏

@JohnSmith-cs7jg 2 ай бұрын

What is the point of Evan Davis?

@karjuntsang6365 2 ай бұрын

This is why I prefer shark tank. No Evan and smarter entrepreneurs

@BenjaminGoose 2 ай бұрын

@@aajb53 What the fuck's a "woke quoter"?

@grahamjohnson4702 2 ай бұрын

It's to link the program for the viewers.

@JohnSmith-cs7jg 2 ай бұрын

@@BenjaminGoose language Timothy!!

@johnmorton2832 2 ай бұрын

This program is now a joke

@anubusx 2 ай бұрын

In what way?

@johnmorton2832 2 ай бұрын

There is nothing interesting on it anymore everything is green this or that

@dickturpin1964 2 ай бұрын

There is a mini golf in Sheffield called Glory Holes. You can guess theme...

@mattconnor1988 2 ай бұрын

Top tier Mini golf venue😂

@getin3949 2 ай бұрын

There is a glory hold in glass making i,e., the oven.

@freddie_mvp 2 ай бұрын

Makes me want to go now

@AdamBechtol 2 ай бұрын

Mmmm