For Sale
Escape room and axe-throwing experience providers
Greater London
- Asking Price: £799,950 +SAV
-
Turnover:
2023 Turnover IRO £1.2m
- Prospective purchasers will be required to sign an NDA.
- 100% share sale.
- Tenure: Leasehold
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.
- Robust growth anticipated for 2024;
- Scope for further entertainment diversification;
- Scope to improve social media marketing strategy.
Further staffing information can be made available upon request.
The business hours are -
Monday to Sunday - 10:00am - 10:00pm
The business occupies 4 city centre sites.
Further information about the locations can be made available.
Four leasehold venues.
Tenure
We are advised that the business is being sold on a Leasehold basis.
