7/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers

Franchise Summary

Description
The franchisee will own and operate a live escape game business offering high qualitylive escape game experiences using the Escapology system.
Company Background
Escapology is the world's largest live escape game franchise. The company offers high-quality, immersive live escape games that are played in a team of up to four people. Escapologists are recruited from around the globe to come and work one week at a time as "room masters" to run these games for customers who want an intense, challenging experience with friends or family members.
Franchise Opportunity
You've always wanted to run your own business, but you don't have the capital or know-how. Escapology is a live escape game franchise that gives you everything you need to start and run a successful business. We're expanding across North America, so there's no better time than now to get in on this hot new trend! Our proven system will help you open and operate an escape room business without having to worry about building all of the infrastructure yourself from scratch. The Escapology team has done it for you - we just need someone with entrepreneurial spirit who can take our model and make it their own.
Corporate Structure
Escapology, LLC is a Florida limited liability company. Their principal place of business is 11951 International Drive #2A1, Orlando, Florida 32821. They have been offering franchises since January 2015.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Party-Related Goods/Services Industry

$204,180 / unit

Franchise Type: Standard

Average Revenue During 2018

$204,180
$204,180
Industry Low
$225,613
Industry High

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Escapology Franchise System Development in 2022

FAQ

How much investment do I need to start my own Escapology business?
Franchisees typically require at least $249 to $1 investment to get their Escapology business started
What are the initial franchise fees for Escapology?
Franchisees typically need to pay at least $37 in fees directly to Escapology in order to earn the right to launch their business
How much money can I make with a Escapology franchise? What are the average revenues for a typical Escapology business?
We estimate that the average revenue of an individual Escapology unit is approximately $204,180. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Escapology unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

0 /10
The Franchisor's investment costs ranges from $249,667 to $1,468,300 which is Much Higher than the $0 to $0 average in the Party-Related Goods/Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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