Escapology Escape Rooms Austin

Round Rock, TX (Williamson County)

Store Front
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Asking Price: $805,000

Cash Flow: $269,048

Gross Revenue: $560,083

EBITDA: $269,048

FF&E: $215,959

Inventory: $209

Rent: $4,434.60 /Month

Established: 2016

Escapology Escape Rooms Austin

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Business Description

An award-winning Escape Room Franchise!

An Escape Room is a real-life physical adventure game in which players solve a series of puzzles and riddles using clues, hints, and strategy to complete the objectives at hand. Players are given a set of time limit to unveil the plot which is hidden within the rooms. This franchised location is located in Round Rock, Texas. A very fast-growing entertainment business. This is a great business for Parties, Corporate Team Building and Family Entertainment. Currently, we have 5 real life escape missions/games up and running (floor plan is downloadable as an attachment in the attachments section of this ad). Currently, we host 2 - 8 participants at a time in each mission. This is a turn key operation. The 2018 Gross Revenue was $572,391 with an EBITDA of $246,855. The first quarter of 2019 had a Gross Revenue of $140,020, EBITDA of $67,262.10 with an estimated annual run rate for 2019 based on the first quarter of $269,048. Current lease expires 5/31/2022. Under attachments below is our NDA that we request you download, sign and send to covsales@funolio.com if you would like the P&L Statement. Additional information provided with signed NDA.

Attached Documents


Detailed Information

Location:
Round Rock, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,220
Lease Expiration:
5/31/2022
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Everything necessary to run the rooms is included with the purchase. Also included are extra props, repair materials, instructions, and everything to continue running the business. Leased location located near Flix Brewhouse in the Sky Ridge Plaza shopping center in Round Rock, TX.
Competition:
Nearest Escape Room is approximately 11 mins away.
Growth & Expansion:
Our rooms can be changed out as needed or continued as they are.
Financing:
Buyers responsibility
Support & Training:
Some of the props are electronically controlled. We will provide technical support as needed for a predetermined amount of time for free along with initial training of day to day operations.
Reason for Selling:
Purchased Business to run with my son. Son is moving on and don’t want to manage
Franchise:
This business is an established franchise
Business Website:
http://www.escapology.com/en/austin-tx/
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Business Listed By:
Steven Palmisano or Chris Attkins

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