Escape room and axe-throwing experience providers

  • Price: £799,950
  • Annual Turnover: £957,784
London, England, England
Seller Ref:B07061
For Sale

Escape room and axe-throwing experience providers

London, England, England
Seller Ref:B07061
  • Price: £799,950
  • Annual Turnover: £957,784

Overview

Seller Ref: B07061

Description

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. 
Is this business relocatable:
No
Is stock included:
NA

Listed By:

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