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Top-Rated London Escape Room Business with Multiple Locations For Sale

Undisclosed, London

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    21/10/22

  • Advert ID

    502430

  • Reference

    B07061 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £799,950
  • Turnover: £957,784 (£18,419 Per week)
  • Net Profit: £133,972 (14% Profit margin)

Business Details

Escape room and axe throwing experience providers

Business
Please quote reference B07061

Established in 2016, the company specialises in live escape room and axe-throwing experiences. The company now occupies four city-centre locations (three in London and one in Leicester) and comprises 16 themed escape rooms and eight axe-throwing lanes.  

 

The company has undergone significant growth in recent years, turning over some £1.2m in 2023 – a 26% increase on the previous year. With the addition of its latest venue in 2022, the shareholders expect a further hike in revenue to £1.5m for the financial year ending June 2024.  

 

The company also benefits from an impeccable reputation in the market with an impressive average rating of 4.9/5 across 3000 reviews.  

 

The company’s value proposition  

  • Exponential revenue growth in recent years and sustained profitability;  
  • Diversified experience offering with recent expansion into axe-throwing;  
  • A buoyant “experience” market;  
  • Four city-centre venues, benefitting from high footfall;  
  • The top-rated escape room in Leicester and amongst the top-rated escape room destinations in London.  
 

 

 

Outlook  

Shareholders anticipate robust growth fuelled by a strategic social media marketing push. They have advised that they only allocate 10% of their advertising budget to social media at present.  

 

Highlights

  • Top-rated providers of escape room and axe-throwing experiences; 
  • Four city-centre venues with excellent visibility; 
  • Exponential growth in recent years; 
  • Poised for further growth.  
Opportunities 

  • Robust growth anticipated for 2024; 
  • Scope for further entertainment diversification; 
  • Scope to improve social media marketing strategy.  
 



Location
The business occupies 4 city centre sites.

Further information about the locations can be made available.



Premises
Four leasehold venues.  



Tenure
We are advised that the business is being sold on a Leasehold basis.



Hours
The business hours are -

Monday to Sunday - 10:00am - 10:00pm



Staff
Further staffing information can be made available upon request.



Financial Profile
2023 Turnover IRO £1.2m

  • Prospective purchasers will be required to sign an NDA. 
  • 100% share sale. 


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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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