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Escape Room Business & Building for Sale

Petersburg, VA
Front of Escape Room building and business

Seller Financing Available

Front of Escape Room building and business
Asking Price:$150,000
Inventory:$5,000
Real Estate:$375,000
Gross Revenue:$100,000
FF&E:$50,000
Established Year:2017
Listing ID: 2291059Listing provided by BizBuySell
BUSINESS DESCRIPTION

Possible owner finance

Please do not approach our employees or customers about the sale of this business or building.

Selling our Escape Room Business and/or building. Petersburg, VA is getting ready to explode. The possibility of a new Casino coming and new jobs into the city brings great potential growth of the city. Located in Old Towne, Petersburg, the city has been steady growing with new businesses, restaurants and bars. Old Towne is the place to be in the Tri-Cities area! Just a few miles from Fort Gregg-Adams, VA.

You can purchase the Escape Room business for $150,000 and/or the Escape Room building located in Old Towne Petersburg for $375,000. Owner financing may be available.

Over $200,000 was put into the building during rehab and buildout of the Escape Room business.

The building is appx 5,000 sq ft with nearly 3,000 assigned to the Escape Room games and there is appx 2,000 sq ft that is above the Escape Room and can be converted to apartments or business offices.

Normal gross revenue for the Escape Room business has been in the $75k-$100K range annually with absentee owners in place

Here are some details about our Escape Room Business:
- 7+ Years in Business, 4.8/5 stars
- Over 7,500 happy customers
- Seamless Booking engine in place for sales
- Excellent Team Building business
- Strong Social / FB Base



Additional options: We also have a 28-foot Escape Room Trailer game and a Virtual Reality business on Fort Gregg-Adams if you are interested in purchasing.

DETAILED INFORMATION
Location
Petersburg, VA
Inventory
Included in asking price
Real Estate
Owned
Building SF
5,000
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
- Fully rehabbed main floor of building in 2017 - 3 strong and well-maintained traditional Escape Rooms - 5 new Virtual Reality (VR) Escape Room Games along with other VR games - Over 3,000 sq feet of Escape Room business space - Paved parking behind the building big enough for 5-6 vehicles - New roof on back part of building in 2019 - Escape Room business has been well insulated / low heat and air costs - Each Escape room has their own heat / air unit with microphones, cameras and TV built into each room to best interact with players
Competition
One other Escape room about 20 minutes away
Growth & Expansion
Current days open: Fri 5-8 PM, Saturday 1:30 – 8PM and Sunday 12:30 to 5PM. o Open on Wednesday and Thursday evenings o Expand on weekend hours o Escape Room and VR tournaments o Add in local scavenger hunts o Expand and add in more teambuilding events (Usually $30 per person for these events) o Have birthday parties / business events o Sell food and/or drinks / Escape Room merchandise
Financing
20% down to owner finance business and/or property
Support & Training
- 2-3 weekends of training included in sale - Trained staff already in place and would like to stay onboard
Reason for Selling
This has been an absentee owned business for about 3 years. There is room for gr
BUSINESS LOCATION
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Ray Ferguson
Phone Number
Ray Ferguson
Call Phone