Seller's Contact Information
- RE: Interactive Entertainment Venues – 4 Locations
- Contact: Cortney Sells
Quick Facts
| Asking Price: | $1,550,000 | |
| Annual Revenue: | $1,041,964 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $458,879 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $120,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 17 | |
| BBN Listing #: | 716734398 | |
| Broker Reference #: | EVE008 |
Business Overview:
There are 4 locations included in the sale of this interactive entertainment company. With a regional manager to oversee day to day operations, and managers in place at each location, a new owner would be able to run this as a hands-off investment if desired! The regional is aware of the sale and is willing to stay on board under new ownership to continue running the business. On top of 1-2 managers on site, there are also 3-5 part time Game Masters per location who run the experience for customers and assist throughout the event.
The locations are spread across the Midwest, with one in Omaha, Nebraska, Lincoln, Nebraska, Springfield, Missouri, and Grand Rapids, Michigan. Omaha was started in 2014, Lincoln & Springfield in 2015, followed by Grand Rapids in 2017, so each area is well-established, and the brand continues to make a name for itself regionally. Each space is leased (details in the confidential package) and would be available for a new owner to continue renting onward going.
There are multiple options for the escape rooms at each location, from stopping a pandemic to solving a murder mystery. This allows customers to come back time and time again for a new experience! They have garnered a great customer base. Between the 4 locations, they boast a following of over 30,000 email subscribers.
Priced at $1,550,000, a 15% down payment of $232,500 returns $235,764 in the first year after debt payments. This is not an opportunity to miss and is one that is guaranteed to have consistent and excellent services.
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Property Features and Assets:
4 locations, all leased.
Market Competition and Expansion:
Great outlook & growth cycle currently in the industry – more focus on online marketing, local networking events to stay involved in the community & local market
Reason for Selling:
Divestment
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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