Owning a little piece of the Bijou is now possible for fans of this emblematic venue in the Croix-de-Pierre district of Toulouse (Haute-Garonne)!
A cultural hub in the neighborhood for 35 years, in January the establishment launched a subscription open to all to transform itself into a cooperative society and sustain its future.
The small room with 89 seats is managed by two entities: an association for the concert part and a SARL for the bar and restaurant.
“The association will buy the business then we will merge into a cooperative society of collective interest (SCIC) divided into 50,000 euros of shares,” explains Kevin Goret, co-director of Le Bijou with Mathilde Mignot.
By changing the structure, we want to prevent a single person from holding the Jewel and ensure our independence.
Each shareholder has one share, he would have to buy back all the shares.”
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Known for its promotion of emerging artists and for its defense of French-speaking texts, the concert hall wants to continue this philosophy by not limiting the subscription operation, which has already raised nearly 49,000 euros. .
“The objective is to reach 50,000 euros to have the necessary contribution to buy back the business but people who want to invest in the Jewel can do so over the long term,” explains Kevin Goret.
Le Bijou is doing well and we have projects such as increasing the capacity of the room with 200 standing places and opening up to other styles of music.
» To diversify, the Bijou has already organized a Comedy Club evening and is planning world music and theater concerts.