Asking Price: $599,000 Gross Revenue: $552,600Cash Flow: $238,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $222,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
We opened our doors with one retail location in 2016 and a second location in 2017 to focus on the corporate market.
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.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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