Frequently Asked Questions

Yes. We welcome first-time investors. We’ll walk you through how it works and answer your questions, whether or not you invest.

Each production sets its own minimum, based on its budget. We share it, along with the full budget and the offering documents, once we’ve confirmed you’re accredited.

Every show is its own company, usually an LLC. You invest as a member of that company alongside the other investors, and you can’t lose more than you put in. Before you commit, you get the operating agreement, the budget and the recoupment schedule.

The offering package for that production: the capitalization and weekly operating budgets, break-even and recoupment scenarios, the creative team, the key risks, the timeline, and the operating and subscription agreements. You’ll have time to review it with your own advisors before you decide.

While a show runs, its weekly operating profit goes to investors until they’ve been paid back in full. That’s called recoupment. After that, profits are usually split between investors and producers, most often 50/50. A hit can keep paying after it closes, through tours, licensing and other rights. Terms vary by production and are set only in each show’s offering documents.

Very. Most Broadway shows never pay back their investors, so be prepared to lose everything you put in, and invest only what you can afford to lose.

We look for material that brings new audiences into the theatre, a creative team that can deliver it, and numbers that work. Before we commit, we model the budget, the weekly break-even and recoupment in strong runs and soft ones. If the numbers don’t work, we pass.

A seat at the table. Our investors are invited to readings, rehearsals and opening night, and hear from us regularly while the show runs.

Yes, with a larger investment. Co-producers are credited on the show and work more closely with the lead producers. The level depends on the production, so ask us about it when you join the list.

We send regular updates while a show runs, including how close it is to recouping.

Recoupment is the point where a show has paid back its investors. NAGBOR (net adjusted gross box office receipts) is ticket revenue after certain deductions, and it’s what many royalties are calculated on. A royalty pool is a deal where the writers, director and other royalty holders share a slice of weekly profit instead of taking a fixed cut of ticket sales, which helps a show recoup sooner.

Join the investor list on our home page. We’ll set up a short intro call to get to know you and confirm your accreditation, and we’ll get in touch when we have a production that fits.

Email broadway@agrawalinvestmentsllc.com with “Investor request” in the subject line for tickets, updates or tax documents.