Escapology

Escapology

Escape rooms
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$187K - $698K
Units as of 2022
59 31.1% over 3 years

Escapology was founded in 2014 and began franchising in 2016. It has since grown to over 50 locations in the United States, Canada, Chile, and the United Arab Emirates. It is actively seeking to continue to develop franchises in new locations. Escapology provides escape rooms, which is a fairly new entertainment experience, to the community.

Escape game rooms are thought-provoking, challenging, and exciting, letting people interact and put away their phones for at least an hour. Escapology's first store opened in Orlando, Florida, but its presence has been felt all around the country. The franchisor is committed to providing a premium real-life escape game experience, continuing in the innovation and development of escape gaming. Escapology aims to find franchisees that will embrace their practices, procedures, and principles to become the standard in the escape gaming sector.

Why You May Want to Start an Escapology Franchise

As a franchisee for an Escapology escape game room or multiple unit franchise, you'll be offering services to individuals or groups. The well-designed escape rooms may appeal to people from many different backgrounds given their puzzle-like activities. Escapology uses a formula that creates streamlined game schemes that may help your business become a repeat one.

Escapology game rooms have unique layouts for the games, common spaces, control rooms, and lobby. The franchisor may offer premium levels of support, advice, and management. The enterprise builds on a backbone of training systems and world-class integrated business intelligence. Talented teams of engineers, scene fabricators, and artisans bring to life ideas using innovative technology.

What Might Make an Escapology Franchise a Good Choice?

To be part of the Escapology team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. A typical franchise agreement runs for ten years. At the end of those ten years, you may be able to renew your franchise if you and the franchisor are in agreement.

For a more intensive level of client engagement, your escape game room may hire employees thoroughly trained by the franchisor. Escapology offers franchisees exclusive territory where you can set up multiple escape game rooms, plus on-the-job training, ongoing education, and marketing support.

How To Open an Escapology Franchise

Once you have applied to become a franchisee, a franchise development team member may get in touch with you to initiate discussion and review the franchisor's latest Franchise Disclosure Document. Once your application for a franchise license is approved, you'll sign an agreement and visit the Orlando, Florida corporate headquarters for an exclusive meet and greet.

Escapology offers comprehensive training over several days, which continues online with in-game tutorials, procedures, marketing, and backend systems. You'll receive help with site selection, constructing a facility, and designing your location's game room. The franchisor also works closely with franchisees to market and prepare for a grand opening ceremony and continues offering ongoing support once your doors open.

Find Your Perfect Franchise

Company Overview

About Escapology

Industry
Recreation
Founded
2014
Leadership
Burton Heiss, CEO
Corporate Address
11951 International Dr., #2D5
Orlando, FL 32821

Business Overview

Franchising Since
2016 (7 years)
# of employees at HQ
20
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units
59 (as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Escapology franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$37,500
Initial Investment
$186,916 - $698,249
Net Worth Requirement
$1,000,000
Royalty Fee
6-10%
Ad Royalty Fee
to 2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Escapology has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
56 hours
Classroom Training
88 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Escapology landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022