Successful and Growing Escape Room Business

Smith County, TX

Successful and Growing Escape Room Business
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Asking Price: $149,000

Cash Flow: $50,133

Gross Revenue: $107,939

EBITDA: $21,024

FF&E: $40,000

Inventory: N/A

Real Estate: N/A

Established: 2016

Successful and Growing Escape Room Business

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Business Description

This business, founded in 2016, has experienced phenomenal growth over the first two and a half years. They provide a unique and challenging entertainment experience for people of all ages, covering the spectrum from couples date night to family night to church group outings to corporate retreats and more. With numerous different unique customer experiences to choose from there are many repeat customers. Their stellar reputation for quality and customer service differentiates them from among their peers in the local market. There is also significant room for expansion within the existing facility either for additional concepts, a complimentary offering such as a lounge or food and beverage area or party room, etc. The real estate is not included in the asking price but is available for purchase as well.

Detailed Information

Location:
Smith County, TX
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
7,500
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building is 7,500 sq ft and is located in a light industrial park in a densely populated part of town. Only 4,000 sq ft are currently used for the business. The Real Estate is owned by the business owner and is available as well.
Competition:
Their business is part of a fast growing segment of the entertainment industry. They are located in a densely populated part of town with close proximity to established retail centers and within a couple of blocks from a major thoroughfare in the area.
Growth & Expansion:
There could be significant opportunity for growth and expansion of not only the facility and opreation, but also in the update and remodeling of some of the existing product offering on a regular basis. This business has the capability of being regularly updated and reimagined and sold to previous customers for repeat business.
Support & Training:
Current owner will stay on for up to 90 days for training as needed, and will continue to be available by phone up to an additional one year.
Reason for Selling:
New Business Opportunity
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(from currently available funds)
 
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Lee Trammell

Business Listed By:
Lee Trammell

Drake Business Services

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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