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Excellent Opportunity: Top Rated Escape Room In Umhlanga For Sale

Umhlanga, KwaZulu - Natal, South Africa
Asking Price:
R650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R100K - R500K

*** Due to the second director leaving in October/November 2020 - we have drastically reduced the price down to R650 000.

Durban's Top Rated Escape Room Company - established in 2017!

What is an escape room?
It's a concept taking the world by storm: a themed room where players are challenged to escape within an hour. Fun for ages 16 and up, and is suitable for the whole family.

Sale includes website, full setup with 3 themed rooms, all equipment - and customized automated systems for daily tasks and accounting.
Excellent social media reviews, with a strong social media following - leading the charge with more 5 star reviews than any other company in Durban. Excellent and safe location, ideally situated for tourists. Business has been featured in Newspapers, Television and has good coverage.
Been rated the top thing to do in Umhlanga by Tripadvisor!
2 of the rooms have been updated, so the new owner will have new rooms to work with.
The business currently employs 4 staff members;

1 x Owner
1 x Manager
2 x Gamemasters

The business has shown excellent growth, and is dominating in it's category. Excellent opportunity for someone who is looking for a successful company who focuses on fun. We have also had many requests for franchising, a good opportunity for someone who would like to follow that route.

Selling due to emigration. Business is owned by 2 partners, one left in May 2019, the other in 2020.
Both can assist and continue with the business support from abroad if need be.

Clean and well managed books, which can be audited if required.

Further information available upon request, please contact seller below for more details.

Property Information

Real Estate:

Lease

Lease Terms:

Lease was due to expire in September 2020, we have opted to renew the lease which is now valid until September 2023.

Location:

Prime Tourism Location in the Umhlanga Village on Chartwell Drive

Premises Details:

Leased

Size in square feet:
125

Business Operation

Expansion Potential:

We are waiting on the office next door to terminate their lease, and have been given the option to take over their space when this happens. This would allow to create more rooms, and more space for team-building activities.

Competition / Market:

We have one competitor, and we all get along. The Escape Room industry is unique in that we refer customers to each other, players can only play our rooms once.

Reasons for selling:

Emigration Sale

Trading hours:

9am to 9pm

Employees:
4
Years established:
2 Years

Other Information

Support & training:

We will continue with marketing support, as well as systems and processes.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
R450,000 - included in the asking price
Inventory / Stock value:
R100,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

Contact Information

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