How Much Did Lucky's Place Raise?
Funding & Key Investors

Lucky's Place, widely recognized as the operator of the Magic Mile in Fayetteville, Tennessee, has successfully secured a significant capital injection to bolster its regional retail and hospitality operations. This major strategic investment, totaling $150K, underscores the company's robust market presence and its ability to scale operations within the competitive convenience and fuel sector. With a cumulative financial backing of $150K, the organization is well-positioned to leverage its unique brand identity as the luckiest mile in the state to drive further commercial expansion.

What is Lucky's Place?

Lucky's Place
RetailConvenience Stores, Gas Stations & Liquor StoresHospitality

Operating along the critical Hwy 431 corridor, Lucky's Place has carved out a distinct niche by integrating fuel services, high-volume lottery retail, and specialized dining experiences. The company manages two primary culinary brands, Luckys Deli and Stateline Deli, which serve as anchors for its eight-location footprint. By combining essential travel services with a high-engagement lottery business model, the firm maintains a high-frequency customer base that differentiates it from traditional convenience store operators. Its market position is defined by a unique blend of Southern-style hospitality and high-traffic retail efficiency, making it a cornerstone of the local Fayetteville economy.

How much funding has Lucky's Place raised?

Lucky's Place has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Lucky's Place

PPP

Public-Private Partnership

What's next for Lucky's Place?

Following this late-stage funding round, Lucky's Place is expected to prioritize the optimization of its existing infrastructure and the potential expansion of its deli concepts. The strategic deployment of capital will likely focus on enhancing operational throughput at its eight current sites, ensuring that the Magic Mile continues to serve as a primary destination for both regional commuters and local residents. As the company matures, management will likely explore further diversification of its service offerings to capitalize on the high foot traffic generated by its lottery operations, potentially scaling its successful deli model to new geographic territories while maintaining the brand's reputation for quality and convenience.

See full Lucky's Place company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Home Improvement & Hardware RetailRetail
Grocery RetailRetail
Home Improvement & Hardware RetailRetailBusiness ServicesProject Management
Apparel & Accessories RetailRetail

Frequently Asked Questions Regarding Lucky's Place Financial Insights

What are the most recent funding rounds that Lucky's Place has completed, and what were the funding rounds?
Lucky's Place has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Lucky's Place has raised to date?
Lucky's Place has raised a total of $150K in funding to date.
How many funding rounds has Lucky's Place completed?
Lucky's Place has completed 1 funding rounds.
How much funding did Lucky's Place raise in its most recent funding round?
Lucky's Place raised $150K in its most recent funding round.
Who are the lead investors in Lucky's Place's latest funding round?
The lead investor in Lucky's Place's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Lucky's Place's history?
The largest funding round in Lucky's Place's history was $150K.
See more information about Lucky's Place