Escape Room Business Outlook

It takes skill labor and love to create and sustain a strong escape room business.

Escape room business outlook.

Any time you have a physical business location things can go wrong. Escape room business outlook according to a study by room escape artist escape rooms went from around two dozen 5 years ago to over 2 000 in 2018. Now many who played an escape room are creating their own. But having 10 000 a dream and some moxie isn t necessarily enough to make a business mr.

Particularly when the following are involved. There is money to be made in escape rooms but escape rooms are not a rocket ship. The breakdown of escape room locations in the us with 1 2 and 3 rooms looks like this. The average escape room has 6 rooms per location.

When you re running an in person event there are many things that could go wrong. Our guide on starting an escape room business covers all the essential information to help you decide if this business is a good match for you. I can see opening three to five locations a year for the next five years. The meteoric growth of the escape room industry over the past 5 years is well documented.

Data released this summer gives no indication that the industry is slowing down and only 2 3 of locations in the us have gone under a testament to the business model s high profit margins. First your top priority. We ran a survey from 17 th december 2018 to 7 th february 2019 presenting escape room owners a series of questions to gauge the state of the escape room industry. Protecting your new escape room business and your own personal assets if you get sued.

For example aj hughes owner of escape room tucson and escape room game for sale is an experienced industry professional who regularly provides guidance to new escape room owners. A majority of respondents feel that creating durable room elements that won t break easily is the most challenging aspect of creating a new escape mission. Aj published this list of 20 things you should know before you open your business specifically to help potential entrepreneurs evaluate the commitment they re. New locations bigger locations the country s largest escape room recently opened in l a turning this into a franchise.

This report is the outcome of that survey. In fact in our first industry report the average escape room in the us had 3 30 live rooms per location. This upward trend in escape room growth is only expected to continue to climb in 2019.