Multi Location Escape Room With New Lower Price

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Highly Profitable
Asking Price:
$599,000

Gross Revenue:
$552,600
Cash Flow:
$238,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$222,000
included in asking price

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Business Description

New Lower Price. Our escape rooms are themed adventures that appeal to a broad array of market segments. With two locations and seven custom adventures, we offer broad based appeal to all ages. Our retail ticket sales include family groups, friends, date nights, birthday parties and represent 58 % of our overall revenues. A strong, rapidly growing corporate team building segment represents 42% of our sales revenue. This balanced business mix has accelerated our growth and enabled us to best utilize inventory and staff for maximum productivity. The corporate segment is the fastest growing market in the escape room industry and we are uniquely positioned to capture this market. Each location has an event/party room with its own income stream. We have catering arrangements for both locations giving us the capability to offer full service to large groups and corporations. This provides additional revenue streams and differentiates us from the competition.

About the Business

Year Established:
2016
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
5,800
Lease Amount/Mo.:
$5,700.00
Lease Expiration:
1/1/2020
Facilities:
We opened our doors with one retail location in 2016 and a second location in 2017 to focus on the corporate market.
Market Outlook/
Competition:
Strategic marketing and a knowledge of ecommerce is key for future development and growth within this dynamic industry.
Growth & Expansion:
The retail side of the market will continue with steady double-digit growth while the corporate team building market has exponential growth with appropriate marketing efforts and additional strategic locations.
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About the Sale

Reason For Selling:
other interests
Training/Support:
4 weeks
Seller Financing:
337240

Listing Info

ID:
1463606
Ad Detail Views:
373

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Business Listed by

J. Darrow Graham

Transworld Business Advisors Grapevine

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