Photo - construction of a climbing wall in Prague
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construction of a climbing wall in Prague - loan for business

Czech Republic
Market: Entertainment, Tourism, sport, Services, Another
Stage of the project: Prototype or product is ready

Date of last change: 26.03.2019
Min amount of loan
$  900.000
Estimated yield
20 % a year
Total required
$ 1.000.000
Rating
equalizer 211 from 1000
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Idea

In connection with the rapid development of climbing in the world. In Prague, at the moment, a niche has been formed for the construction of a climbing wall. There is low competition and high demand.

Current Status

In Prague, there are three major climbing walls, where a lot of visitors. In 2022, climbing for the first time at the Olympics.

Market

Prague has 1.2 million inhabitants, the country is engaged in climbing, active leisure is held in high esteem, there are a lot of young people. There is government support for climbing.

Problem or Opportunity

I know the market well. He built the climbing walls. I know the main suppliers and consumers.

Competitors

Big Wall, SmihoFF, 13Wall

Advantages or differentiators

The main advantage is experience and connections with all layers of the climbing society.

Finance

It is necessary to place a long-term lease with a high ceiling. There is a preliminary agreement with the city council of Prague on the provision of premises. Design and construction of a climbing wall. The strongest climbers of the world, the best design workshops and the most famous trail preparers will be attracted. The entire design and construction process will be covered in a climbing environment. The sum of 1,000,000 euros is taken from personal experience and construction reviews of the latest climbing walls in the world.

Loan terms

60 months

Interest rate, %

20

Business model

A separate company has been allocated for the project, which will assume obligations and financing. All expenses will be covered from her account according to a preliminary plan.

Solution (product or service)

I know my competitors well. I know that you can make new things that others do not have

Risks

Based on previous experience, the risks in this business are minimal.

Photos

Photo 1 - construction of a climbing wall in Prague
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Idea
Current Status
Market
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Advantages or differentiators
Finance
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Loan terms
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Type of pledge
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Business model
Solution (product or service)
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