Dragons’ Den success story still going strong
Published: 25 August 2016
Dragons’ Den success story Razzamataz is still going strong, as the television series celebrates 10 years of programming.
Denise Hutton-Gosney, managing director and founder of the children’s theatre school, appeared on the fourth series of the BBC show in 2007. Entrepreneur Duncan Bannatyne offered her a £50,000 investment for a 25 per cent equity share.
Duncan explained: “As a successful businessman, I instinctively recognise an excellent opportunity. That’s why I chose to invest Razzamataz Theatre Schools. The commitment, enthusiasm and sound business sense of the team, coupled with their proven track record of success, led me to become part of the business.”
Razzamataz is currently the fifth most successful business to have received an investment from the show and now has more than 40 schools throughout the UK. It also has a contract with holiday company First Choice, where it has supplied its Holiday Villages across Europe with teachers for the past 10 years.
“When I appeared on Dragons’ Den back in 2007, I was passionate about giving opportunities to young people to participate in performing arts,” said Denise.
“Today, one of the key things that sets us apart is that we really follow current trends in performing arts, so we are able to build a generation of confident, fit young performers.”
Razzamataz offers classes in dance, drama and singing that are designed to appeal to all children and improve their confidence and self-esteem. It holds open days throughout the year in various locations to give four to 18-year-olds a taster of the sessions.
Duncan added: “Razz skills keep young people active, instill confidence and pride, and encourage social skills, all of which are vital today.”
Razzamataz is looking to open further schools across the country, particularly in Aberdeen and Cardiff. It also runs regular Discovery Den days in London, Glasgow and Sheffield, which give visitors the opportunity to meet the head office team and learn more about the franchise opportunity.
