Dragons’ Den success stories: Razzamataz (and what you can learn from them) Now an international franchise brand, Razzamataz’s singing troupe won over Duncan Bannatyne in the Den back in 2007… Written by Megan Dunsby Published on 23 July 2015 Our experts We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Written and reviewed by: Megan Dunsby Company name: RazzamatazDescription: Children’s theatre and dance companySeries: 4Year: 2007Investment received: £50,000 for 25%Dragon investor: Duncan BannatyneStill in business? Yes – founder Hutton-Gosney has since bought back the equity and now owns 90%Having already invested in Stagecoach and having “done very well” when he sold up, Dragon investor Bannatyne decided to back a similar business in February 2007; children’s dance, drama and singing franchise Razzamataz.Razzamataz founder Denise Hutton-Gosney had entered the Den with the goal to launch her theatre schools – “fun and funky” classes for kids aged two to 18 –throughout the country. This aim has been achieved and then some.By August 2010, Hutton-Gosney had used Bannatyne’s backing to open schools in 40 new outlets and had won contracts with major leisure brands including Thomson and First Choice; supporting expansion into 14 different countries.Now a certified member of the British Franchise Association (bfa), Razzamataz continues to trade successfully and had hit revenues of over £318,000 in 2013.In 2014 Hutton-Gosney bought back Bannatyne’s stake in the company for £70,000 – giving him a £20,000 return.Watch the original pitch here. Share this post facebook twitter linkedin Written by: Megan Dunsby