Thriving Escape Room Business In Phoenix, AZ

Business Overview:

Presenting a unique opportunity to acquire a well-established escape room venue in Phoenix, AZ. This business boasts a strong customer base catering to a wide demographic from 10 - 100 years old, making it a perfect location for family entertainment, corporate outings, or team building events. The venue offers a variety of custom-made rooms with themes ranging from family-friendly adventures to more challenging experiences, showcasing diverse appeal. With a solid digital marketing strategy across multiple platforms and a comprehensive customer acquisition strategy, this business has established a prominent market positioning. The business has shown commendable financial growth, with an increasing yearly revenue and a robust Seller's Discretionary Earnings (SDE). Considering the limited hours of current operation, there is significant potential for revenue growth through expanded hours. The sale includes a well-trained team ready to ensure a seamless transition to new ownership.The business presents significant expansion opportunities. Currently operating on a limited schedule, there's ample room to increase revenue by extending business hours. Additionally, the robust and systemized business processes alongside a strong training program allow for scalability. Engaging in more aggressive marketing strategies, particularly in local SEO and hosting more corporate events could further increase its market presence and profitability.The escape room industry falls under the All Other Amusement and Recreation Industries sector, which has seen consistent growth over the past few years. As a unique blend of entertainment, team-building, and problem-solving, escape rooms have gained popularity across a broad audience spectrum. According to industry analysis by IBISWorld, this sector continues to benefit from increasing consumer spending on leisure activities and a demand for unique entertainment experiences.The financials shown are a weighted average based on 2021, 2022, and 2023.

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Property Features and Assets:

The business operates from a strategically located leased facility in Phoenix, AZ which is configured to enhance the overall customer experience. The spacious facility includes multiple escape rooms with diverse themes, a large lobby area suitable for corporate meetings or events, and ample parking. The retail-based working condition offers a welcoming and immersive environment for participants.

Reason for Selling:

The current owner has decided to sell due to relocation to another state.

Additional Details:

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