An entertainment company providing technology-driven immersive experiences

Experiences are complemented by a restaurant and bar service, with additional retail sales generated via an e-commerce website.

The Shareholders are offering the company for sale to facilitate continued growth under the impetus of a new owner. Offers invited.

Key Highlights

– Operates from eight venues in the USA and UK, located in some of the most
popular tourist cities in both countries, with scope for further international
expansion.

– Has achieved over 480k cumulative ticket sales at all venues.

– Experienced growth following a successful investment campaign, through
which it raised $712k in under two years through a combination of a seed
round and direct investment.

– Further potential for growth from the development of its technology, with the
option of creating additional magic wand-activated products.

– All venues are independently run by in-house teams, with an experienced
second-tier management team in place to oversee research and development
opportunities.

– Excellent industry reputation generating a high volume of word-of-mouth revenue, which is supported by digital advertising, affiliate marketing and a strong social media presence.

Financial Highlights

– Turnover of $9.1M achieved in YE22, with an EBIT of circa $274k.

– Gross profit margin of 44%.

– Turnover has increased by 107% since YE20, with EBIT seeing a 215% increase.

– £36m cumulative revenue achieved since inception.