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Since their inception in the mid-2010s, they have exploded into pop culture and are now a very common activity for friends and families to enjoy. Determined equipment and inventory requirementsĮscape rooms have become a popular form of entertainment in a short amount of time.Developed the company’s name, logo, and website.Found multiple options that can serve as the business location.
Since incorporation, the company has achieved the following milestones: Jared has selected several possible locations and is currently undergoing due diligence on each to assess the most desirable location for the escape room. Upon surveying the local customer base and finding the potential location, Jared Browne incorporated Escape PDX as an S-Corporation on December 1st, 2022. The escape room will be open from 9:00 am to midnight during weekends (Fridays to Sundays) and from noon until 9:00 pm every Monday through Thursday in order to accommodate the maximum number of players.
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The following graph below outlines the pro forma financial projections for Escape PDX.
Three months of overhead expenses (payroll, rent, utilities): $150,000. Office equipment, supplies, and materials: $10,000.
Specifically, these funds will be used as follows:
Location: Escape PDX’s location will be near the center of town, giving the company access to people going to and leaving the colleges, clubs, and passersby shopping in the city.Įasily complete your Escape Room business plan!ĭownload the Escape Room business plan template (including a customizable financial model) to your computer here <–Įscape PDX is currently seeking $275,000 to launch its escape room. However, Escape PDX will offer these services at a much more affordable price. Great service at an affordable price: The complete array of escape room services offered by Escape PDX rivals many of our competitors. As such, it will be relatively easy for Escape PDX to build brand awareness and an initial customer base. Relationships: Having lived in the community for 20 years, Jared Browne knows all of the local leaders, newspapers, and other influencers. Management: Escape PDX’s management team has 10 years of adventure entertainment and marketing experience that allows them to market and serve customers in an improved and more sophisticated manner than the competitors. His in-depth knowledge and expertise will help Escape PDX favorably compete with other entertainment businesses in the area.Įscape PDX will be able to achieve success by offering the following competitive advantages: The business will be managed by Jared who has over 10 years of experience in adventure entertainment. As these types of adventure activities are favored by Gen Z and Millennials, the escape room will enjoy a robust market.Įscape PDX is a family-owned escape facility that is owned by Jared Browne. We are located in a growing community of young professionals. All the challenges are connected by a story that keeps our customers engaged throughout the process.Įscape PDX will primarily offer its service to the residents living within a 20-mile radius of our location. Each escape room is filled with puzzles, riddles, and challenges that our customers have to solve to escape the room. His in-depth knowledge and expertise will help Escape PDX favorably compete with other entertainment options in the area.Įscape PDX will offer three escape rooms with the following themes: museum heist, arcade, and casino. The business will be managed by Jared who has over 10 years of experience in the adventure entertainment industry. With a welcoming environment and unique challenges to solve, Escape PDX aims to become the number one escape room destination for customers in Portland, Oregon.Įscape PDX is a family-owned escape facility that is owned by Jared Browne. All escape rooms can be booked online and we can hold up to six people in each room at a time. #Escape room portland cost series
Each escape room has a series of puzzles, riddles, and challenges that customers need to solve in a specific amount of time in order to “escape” the room. We offer three escape rooms all with unique and fun themes: museum heist, arcade, and casino.
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You can download the Escape Room business plan (including a full, customizable financial model) to your computer here <–īelow is a template to help you create each section of your Escape Room business plan.Įscape PDX is a new escape room company located in Portland, Oregon.