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Quick Facts
Asking Price: | $799,000 | |
Annual Revenue: | $545,431 | |
Net Profit: | $14,437 | |
Cash Flow: | $255,654 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 6 | |
BBN Listing #: | 35352069 | |
Broker Reference #: | BBF-4130-00143 |
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Business Overview:
Established Escape Room, located in the heart of the city. Despite the challenges posed by COVID-19, this business has continued to thrive, offering a fun and engaging team-building experience for corporate clients and convention-goers, as well as families and friends. This completely absentee-owned business has a strong revenue stream, with additional addback potential from the manager's salary for an owner-operator. Although closed for 3 months in 2020, the business has continued to perform well, with solid financials. One of the rooms has recently been completely renovated and will definitely increase revenue for 2023. Don't miss out on this chance to own a profitable and popular business in a prime location. Contact our office today to learn more!
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Property Features and Assets:
Leasehold improvement of over $500k makes this an outstanding location and every room with an immersive playing experience
Market Competition and Expansion:
There is competition, however, this franchise structure has shown to be a step above the rest. There is growth within the franchise for nearby locations.
Reason for Selling:
Other Business Interests
Additional Details:
Documents:
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