How much is an Electric Playbox franchise?
You will need to be well-funded with the financial capability to launch and grow your Electric Playbox franchise. The up-front capital requirement will include a Franchise Fee of £40,000 and investment in the Technical Pack (hardware required to operate an Electric Playbox) of approximately £300,000, per unit. Other fees related to the ongoing operations of an Electric Playbox include game content, booking and payment platform and marketing. Exclusivity fees may be applicable for international markets and territories.
Is financial assistance available to purchase a franchise?
Direct financial assistance is not available from Electric Playbox. However, we can make introductions to high street Banks who are aware of the Electric Playbox business model.
Can I have more than one location/one area/one territory?
Definitely. We are particularly keen to speak to partners who may wish to own more than one Electric Playbox unit in the UK. For international markets and territories, we are seeking Master Franchisees with associated development agreements.
If I am interested in a specific location or market, how can I find out what is available?
Jump onto the ‘Apply Now’ section of this site and let us know! You can give us further details on what location or market interests you and we’ll take this into account when we come back to you to discuss further.
I would like to invest in an Electric Playbox with a business partner. Am I able to do this?
We have a requirement that an Electric Playbox partner be a limited company or similar so in principle, yes. As part of the approval process, we will conduct due diligence on your business set up including ownership and financial information.
How much does an Electric Playbox franchise earn?
After the initial investment per unit, Electric Playbox has been set up as a low operating cost and high margin business model. This means that the franchisee has the best opportunity to earn significant net profit from a well-run unit. And of course, Electric Playbox is with you every step of the way to help you achieve this!
What is the typical size of an Electric Playbox unit?
Electric Playbox fits in compact 3,000-4,000 square feet (280-370 square metres) retail units.
Will I be able to sell my Electric Playbox franchise in the future?
Yes. You will have the right to sell your Electric Playbox franchise however this will be subject to specific conditions and our approval.