WAGAMAMA IS A RESTAURANT CHAIN WITH A PROVEN ASIAN SHARED DINING FORMULA IN THE FAST CASUAL DINING SEGMENT.
Wagamama Netherlands has had the exclusive right to open and operate restaurants in the Netherlands and Belgium since 2000. Meanwhile, there are numerous branches in the Benelux; Amsterdam, Utrecht, Rotterdam, Antwerp and in the Designer Outlet in Roermond. In the coming years more restaurant openings are planned.
What Wagamama has achieved with its financing
Opening of a new restaurant
Wagamama has the ambition to grow with new branches every year. With the new financing, Wagamama further expands in Belgium with a new location in the heart of Bruxelles.
Better financing mix
The fourth loan through NEOS also refinanced other loans of the company which in turn simplified the financing mix.
Q&A met DGA
What was the added value of this financing for you and your company?
With the latest financing via NEOS, we were able to finance the investment of our new restaurant in Bruxelles. This new facility could not yet be financed out of cash flow and otherwise would have to postpone the expansion for a year. Thanks to NEOS we can achieve the planned growth ambition and add a new restaurant to our portfolio.
Why did you choose for direct lending as financing solution?
Direct lending gave us the opportunity to finance without far-reaching consequences such as new equity or new shareholders. This form of financing is exactly in line with our growth ambition. In this way, we are able to create value in the company, whereby we enter into new financing for opening new branches and pay off current financing within an orderly term.
Why did you choose NEOS?
The first meeting was pleasant and the first financing was quickly established. We have now attracted 4 financings via NEOS, each time for the investment of a new restaurant. The pleasant relationship with NEOS is another reason for us to enter into an agreement with NEOS again
How do you look back on the collaboration with NEOS?
Working with NEOS is pleasant, smooth and the team is competent.
They know our business and their process is quickly and clear.
Any tips for other entrepreneurs?
Make the most of your business and make use of NEOS's expertise and financing options.
“Make the most of your business and make use of NEOS’s expertise and financing options.”