So, if you have not heard about Larks it is a very unique concept where they combine shuffleboard, mini-golf, arcade games, and a great restaurant and bar experience all into one! There is something for everyone.We funded a new Larks location in Kansas just under 1.2 Million.Now, if you have not been on Mars for the past few years, you know that construction and material costs have gone through the roof. The final cost came in about $200K higher than estimates, which was almost a 20% increase.
We were able to get this re-approved at the higher loan amount making this just a speed-bump and not something that we could not overcome.
We Won't Waste Your Time
Let me be blunt. Here at Ivanhoe Capital, we structure deals to close and we don't waste you or your client's time. We want to get deals done and if we can't, we let you know RIGHT AWAY and WHY!