Nice to hear his business is going well

Who still needs Internet cafes? Surely everyone has broadband and 4G or 5G? I get that some people are in difficult financial positions and don’t - but they can use libraries, community/council facilities, charities, education resources etc? If you don’t have broadband or phone data for financial reasons then the last place you’d go is an Internet cafe given an hours use is probably as much as a months Internet (if you know where to look). Only reason I’d invest in a business like this is if I thought I could have expanded it rapidly and exited before people worked out that technology would make these places redundant.

@@PhilT81 international students benefit from it. Local interactions and play games you can’t afford. Not sure how popular it is in the West but in the East it has a substantially huge market. So there Internet cafe is still a thing and is still relevant, just depends where.

@@PhilT81 I feel like there's a really small niche in the market for something like this

@@PhilT81 all those facilities you mentioned have to be booked and are not available at a moments notice.

4 now dude. My friend told me about this comment. You're global now.

@@dickmonkey-king1271 This comment is exploding WTF

@@EdvinLu this mans life is about to change in ways he never imagined.

@@dickmonkey-king1271 Yeah, he's probably sleeping, completely unaware. Oh life and it's ways...

With that edit you deserve another 2 likes !! :) made me smile.

@Greg that's not true about Duncan breaking even, he made millions just from Rapstrap alone

@Longface Why?

He's the same person who yelled "whout assets whout assets whout assets whout assets"

@@BigBoss7777777 rapstrap is 200 g in debt

Peter is so incredibly rude sometimes

I am non native English speaker having difficulty in understanding the statement. Could anyone explai what does it mean in that context.

@@vishalmore7154 Peter interrupted Theo when he was asking questions. Theo was annoyed by this interruption and responded that he should 'lose the will to live' (a common expression of boredom) later when Theo has finished questioning and it is Peter's turn to question the guy

Undate?

What’s he like now?

Yea wadnlretty obvious he was a nice fella didn't understand the animosity he faced

Now he's a ruthless womaniser who beats and insults anyone who gets in his way.

@@scott.5304 good lad

except he pulled out of the deal

Hahahaha

Yeh, I'd love to work with Duncan.

@@maxmackinlay618 why

@@maxmackinlay618 ?

@@bengilliam7877 No need for any music during the dragons questioning

@Travel Crawl My jobs secure, it's shxx but it's secure.

It all went down hill when Duncan left. If I went on there I'd either wanna work with Duncan or Deborah. If I could get them both together then that'd be perfect. If both of them went out first then I'd declare myself out to the rest of the dragons... Nick Jenkins would have to pay me and give me a percentage of one of his companies for me to consider working with him, with an additional 15% no punching fee to be paid daily as well (that doesn't include kicking and slapping)

@@jackmiles1918 Who tf is Nick Hall.

@@abacus7087 Jenkins I meant

Literally clicked on the video hoping to see Duncan and Peter clash. Far more civil than I was expecting.

Knowing Peter, I'm sure he said something

Yeah I had to process for a minute whether or not this is clickbait and then i was like eh i guess technically there was a few frames of Peter looking baffled

probably what she meant

She followed it with "and will you listen", which I think was the main thrust.

Pasta AND panini for breakfast? You , Lydia, are crazy.

Except he pulled out of the deal and it never happened.

@@youtubevanced4900 The guy is doing well for himself though.

Oiled him up with the advice and took his 49% hahaha. But I think the deal fell through in the end

Can barely afford to house himself and the business then accepts to lose half of all profits. Nothing can stay afloat with that. Better to accept get some clout and contact then sell the business starting anew.

Well it might have if Duncan hadn't pulled out.

He was stunning the way he spoke of how best to deal with things, absolutely stunning, and with his outlook the business should take off

That's one of the reasons I like Kevin O Leary so much, he is not afraid to mince words.

@@Locutus You and me both👍🏻

Not like he did it for free pal. Took half his business whilst at it 😬

​@@SauceMan20 Agreed, very hard to "admire" him when he took a whopping 49%. That poor man was thinking "Do I risk sinking the business without his investment or do I risk sinking my profits with his investment?". Sounds like a super tough decision, but I am guessing he accepted for the experience and progress, regardless of getting majorly shafted profit wise. I feel bad for the man, he got screwed either way and Duncan was only looking out for himself.

He was making 70k profit, that's very decent and not a bad risk for investing. That was the something that Duncan saw.

Look at it another way. He'll be main share holder and partner with a dragon in a successful business. Most people would think that's worth it. Plenty leave with nothing

He was very pleased to accept Duncan's offer, it's good business for both of them. Good to see Dunc backing a very likeable young Scot.

Really smart, much wow. And then people who don't invest much don't give a flying F if the franchise does well or not and abandon it. There is something called "Sunk Cost Fallacy" which basically means the more investment you did bring in, the more you are inclined to stay. Like working 20 years in a company to get to the top. Like selling everything you have to be part of a franchise and then depending on the money flow by doing your 100% best as your life depends on it. Also you underestimate how many low flying flies exist there that like to scam a lot and have enough money to be part of a scheme. If one of your franchise is doing real bad, it will spread rumors for every other. I estimate around 75% of people out there not understanding the word franchise, and if they have one bad experience or hear about one bad experience, they won't come in any other located franchise anywhere.

Its exactly what i would do actually. First 20-30 locations ... Go low. After that every single day youll receive phone calls and emails from people seeking franchising information. Thats it....go high.

Peter is best what??

Peter is the best at being a nasty bully.

Yea, now Peter is the only alpha every other dragon accepts that they're beta to him.

I think Deborah stands up to him.

why did they leave

No he's not, he currently washing my dishes at my 🍺 bar.

Apparently the company went bust, where does it say that he's doing well?

@@lj7169 In a youtube comment section..

@@lj7169 icafe food coffee and internet Glasgow 3 fully open 2 partially open

@@lj7169 not true, look up their website

Add Rory's seaweed to the menu and you're in business

Hahahaha

Burning and Turning

Lol

😂😂😂

It didn't last long, though

She is the only one that actually looks like a dragon. I quite like her style tho, she is fierce.

@@patu2175 True story. I did like her on the show. This is probably my favorite line up of dragons.

Oh, I thought that was Cruella De Ville...

Maybe it was all the dope and booze? It'll get ya everytime.

They never went through with it lol

@@curtislevey7639 I came looking for this comment. Not surprised in the slightest.

@@curtislevey7639 Duncan would be a hardcore pain one the ass to work with

@@rodhuy01 he seems like the type to speak his mind, which isn't always bad. I prefer him to other dragons tbh

Does it matter that you’re not a jock?

👌Thanks mate 😊

@@MsMaryPatricia and that’s why you never give over 49%

@@MsMaryPatricia Presumably because they didn't know what they were doing.

@@MsMaryPatricia lol he literally just bought the bussiness and fired the guys 😂 hahahaha 🤣

I knew it. Duncan and James Caan are A-holes that never invest.

True

Iglove

🤣🤣🤣🤣🤣🤣🤣

I now know exactly what you mean because behind that hideous facade lies the devil himself.

Could be used in horror films

"Uses to" ? Why do you not like it now? Does it taste bad?

@@filzakhan1611 I don't live anywhere near it now so haven't been to it in years.

And the franchise model is viable. If each shop makes 15k profit a year, and is paying a manager, a franchisee can put 40k down, finance 60k in house, and take home a managers salary +15k. It would be a small pay rise after loan repayments compared to being a manager, and after you'd repayed the loan you would have an asset and a 15k bump compared to what you would earn working for somebody else. It's not attractive as a "buy and employ somebody to run it" business, but very attractive for somebody who wants to work for themself.

Believe me your days of the $ as the reserve currency are numbered

My thoughts too

Are you sure about that?

Just the one?

good to hear! how many branches are there tho? i'm curious

@@darkguitarist3476 I know of 3 in North London

@@Peter_Stafford woah okay,. the business is still alive and kicking, right?

@@Peter_Stafford the one in Highgate closed a few weeks ago

@Pinned. by Dragon's Den fech off

Whoops! Subtitle fail!

Lmao I think you're probably spot-on.

another words, Duncan is ripping off almost half his profits for doing f all

Probably doesn't see him much because Duncan never actually invested

@@DougBanks470 He didn't?

@@DougBanks470 Any proof to back that?

@@KlawMan27 the investment fell through (like most offers on DD)

It's always ok when Peter interrupts others but when someone does it to him he gets angry.

I know what sort of a dummie just think of your only making £20,000. He wasn't even taking into account how much money they would make through wages.

Trying to 'Big Dog' Theo as much as anything, Peter likes to be king of the beasts.

The Dragons don’t even let them finish their sentences

Chicken Noodles

Full English with fried bread

Finished lunch just before this got uploaded

Egg and toast

Rice Krispies

͙H͙͙T͙͙A͙͙P͙͙>͙>͙L͙I͙F͙E͙ ͙C͙H͙A͙N͙G͙I͙N͙G͙>͙>͙>͙ ͙I͙N͙V͙E͙S͙T͙M͙E͙N͙T͙ ͙•͙•͙•͙•͙*͙+͙1͙•͙7͙•͙3͙•͙2͙•͙9͙•͙6͙•͙5͙•͙8͙•͙8͙•͙7͙•͙4͙*͙•͙🚀

Deal didn’t go through

are you sure?

@@NUFC_1 Its obvious

Their website still shows they’re open 🤷🏻‍♂️

Also still shows active on companies house

@@PortlandMan how is it obvious? Covid was tough, but I see many restaurants a cafes living through it.

There's so many different coffees though. How can you just say coffee is naf?

Naf???

@@oneproudpeacock6901 naf is slang for rubbish

Does he have De naf too?

@@oneproudpeacock6901 Love your song, one proud fish!

At work, working...

Didn't realise we have friends in Alaska joining us

@@rychartz No they're not it's half 12 in the afternoon😂

@@jimmycrackers3358 in that case, at home, sleeping:))

Does it matter? They'll catch up later.

Revenue is not profit, lad.

In the Den is 3x yearly profit as standard

Only thing is, who going to want to wait 5 years before seeing a profit?

@@redrobiinbusinesses usually grow by investment so you might even see a higher return based on how you invested into the business after you bought it. And thats kind of the point. It takes money to make money.

Non biased sorry typo

I agree 😁

͙H͙͙T͙͙A͙͙P͙͙>͙>͙L͙I͙F͙E͙ ͙C͙H͙A͙N͙G͙I͙N͙G͙>͙>͙>͙ ͙I͙N͙V͙E͙S͙T͙M͙E͙N͙T͙ ͙•͙•͙•͙•͙*͙+͙1͙•͙7͙•͙3͙•͙2͙•͙9͙•͙6͙•͙5͙•͙8͙•͙8͙•͙7͙•͙4͙*͙•͙🚀

Didn't happen

Don't we all, Rob.

Interpol & Deutsche Bank

thats bit racist

@@peacefulmusic1884 what is?

@@flyingnukes calling the entrepreneur Manny Pacquiao

@@peacefulmusic1884 yeah!.. he looks like him. so what?

͙H͙͙T͙͙A͙͙P͙͙>͙>͙L͙I͙F͙E͙ ͙C͙H͙A͙N͙G͙I͙N͙G͙>͙>͙>͙ ͙I͙N͙V͙E͙S͙T͙M͙E͙N͙T͙ ͙•͙•͙•͙•͙*͙+͙1͙•͙7͙•͙3͙•͙2͙•͙9͙•͙6͙•͙5͙•͙8͙•͙8͙•͙7͙•͙4͙*͙•͙🚀

She made a good point

The difference is that the house in London is an asset that is very unlikely to lose significant value. At any point, you could sell the house and recoup most of your initial investment. With this coffee shop franchise, it's quite possible that if things didn't go well, you could lose a good chunk of your original investment. That said I agree that Peter completely missed the point, and I think this could be profitable for a franchisee. Having said that, this guy should really reconsider the franchising model for now and instead just open up more of his own shops since it's only 40K initial + a loan for the rest.

I miss roysters

@@TheJohnCooperShow you can still get them. The cheese and chive disappeared very early on. I haven’t seen the southern fried chicken flavour in at least a year or two but the T-bone steak flavour are very easy to find. Not as bubbly as they used to be. I miss Burton’s potato puffs, golden wonder bacon crunchy fries and KP Tubes, to name a few. I take my crisps very seriously - so hate Walkers because they’ve never created a decent snack. They are good at acquisitions and marketing. Their version of crunchy cheetos is a downright disgrace. They taste nothing like the American version.

That's his job, he is the narky dragon.

It's kinda like MasterChef, they always need the rudest guy in the room for the ratings. MasterChef has Gordon Ramsay, and Dragon's Den has Peter Jones (unironically, both of them are Brits).

Hilary and Deborah were also rude saying he wasn’t listening, and then Hilary saying she couldn’t work with him over nothing