Dave & Buster’s is a well-renowned franchise restaurant and entertainment chain that provides people with a variety of foods, beverages, and games. Dallas, Texas serves as the company’s headquarters. It was established in 1982. Almost 140 Dave & Buster’s locations can be found in the US and Canada as of now. The company started franchising in 2010.
In the United States, the restaurant and entertainment sectors were anticipated to contribute $899 billion in sales in 2021. The top 500 restaurant chains in the U.S. generated more than $323 billion in sales in 2020, according to Technomic, a reputable food service research company. 2019 saw sales of $930.6 million for Dave & Buster’s. In 2019, the company’s same-store sales rose by 2.9%.
By 2025, the entertainment franchise industry is anticipated to grow at a compound annual growth rate of 10.2%.
According to IBISWorld, the entertainment franchises market size is $356.2 billion in the United States with a growth rate of 4.1% in 2013-2018. Cumulative Market growth for 2018 to 2023 is anticipated at 3.2%.
What is Dave And Buster’s?
Dave & Buster gives consumers a special experience by combining dining and gambling. In addition to a full-service restaurant and bar, Dave & Buster’s locations often provide a variety of interactive activities and attractions, including arcade games, virtual reality experiences, and sports viewing spaces.
Prior to COVID, Dave & Buster’s was also growing and consistently delivering good returns, with Year-One Returns in new stores exceeding target levels since 2011. As of 2015, their revenue was reportedly rising. The chain was doing incredibly well financially.
Is Dave And Buster’s a Franchise Opportunity?
No, As they have switched their plan of business for Dave And Buster’s, they are not providing any Franchise.
Facts That Nobody Told You About Dave And Buster’s
Here are some interesting facts about Franchise that you may not have known
- Dave Corriveau and Buster Corley founded the first Dave & Buster’s in 1982 in Dallas, Texas.
- Slick Willy’s World of Entertainment was the original name of Dave & Buster’s, but in 1989 the name was changed to “Dave & Buster’s.”
- One of the first restaurant chains to combine dining and entertainment was Dave & Buster’s, which paved the way for concepts similar to that of Chuck E. Cheese’s and Main Event Entertainment.
- Virtual reality experiences and esports events are only a couple of the frequently updated games and attractions offered by the company to keep on top of the latest trends and technology.
|Review and Information|
|Industry Type||Food franchise opportunities|
|Sub Category||Entertainment franchise opportunities|
|Company Name||Dave And Buster’s|
|Founder/Management Head||James W. Corley,David Corriveau|
|Employees at Company H.O||–|
|Franchise Expansion Plan||USA and all around the globe|
|Number of Units||–|
|Number of Franchise Units||–|
|Social Media Handles|
|Company Office location||Dallas, Texas, United States|
Dave And Buster’s Franchise Requirements
As they have switched the plan of business for Dave And Buster’s, they are not providing any Franchises at the moment. However, they have provided qualifying requirements to become an International franchise on their official website.
While evaluating candidates for a Dave & Buster franchise, they take into account a number of factors. They want to know more about you so they can help them with this procedure. lt is expected that you carefully consider your answers, citing all pertinent experience, and submit them. A Dave & Buster representative will contact you after receiving your application.
You will be required to provide a profit and loss statement, a thorough business plan, an in-depth market analysis, as well as cash or proven financing of somewhere around $4 million to $6 million for each store location. You will also be required to sign a formal application and disclosure form.
How much do a Dave And Buster franchise cost?
There is no fee to become a Dave And Buster franchise because Dave And Buster’s does not provide franchise opportunities.
A Dave & Buster franchise can be opened for between $2.5 million and $3.5 million, including a $100,000 to $150,000 initial franchise fee. This initial outlay pays for charges like choosing a location for the franchise, making leasehold improvements, building it out, buying furniture and equipment, stocking up on supplies, and other related fees.
The Below Information is Before 2022.
They are not franchises in 2023.
|Dave and Buster’s Franchise Initial and On-going Franchise Cost|
|Franchise Fee||Approx $100,000 to $150,000 (2022)|
|Franchise Cost||$2.5 million and $3.5Million (2022)|
|Term of Agreement||–|
|Is franchise term renewable?||–|
|Renewable Franchise Fees||–|
Dave And Buster’s Training to Franchises
Dave And Buster’s does not provide any Franchises. So there is no Training for Franchises.
Dave And Buster’s Operations to Franchises
Dave And Buster do not provide any ongoing support and guidance to its franchisees. Dave And Buster’s is not a franchising company.
How is Dave And Buster’s Territory Granted to Franchises
It is not disclosed in the Franchise Disclosure Document.
Pros & Cons of owning a Dave And Buster’s Franchise
Although they fail to franchise their business, we hereafter provide the pros and cons of this franchise with respect to their individual business operations and estimated franchise operations:
Pros of D&B’s
- Proven concept
- For everyone
- Sports Bar
- Constant assistance of the team
- Profitable business model
- Tasty food
Cons of D&B’s
- Expensive games
- Unpredictable trends
- Poor management
- Long working hours
How much do Dave And Buster’s franchise owners make?
Since Dave And Buster’s does not provide franchising opportunities, no data on the prospective earnings of having a Dave And Buster’s franchise is available.
What are Dave And Buster’s franchise reviews?
In the industry it tends to serve, Dave and Buster’s is considered to be a well-known brand. The company is thought to experience improved financial results as a result of the merger with or acquisition of Main Event as it broadens its geographic reach from coast to coast. Although it is not now operating well, the company was showing increasing returns prior to COVID.
Like the majority of companies during the pandemic, Dave and Buster’s operations were negatively impacted, and its profits were reduced. The stock price also dropped as a result of this. After COVID, the entertainment industry is rebounding, as is this one.
The key advantages of a Dave & Buster’s franchise are a successful business strategy, a tested concept, and ongoing support from a franchising team. Additionally, they fail to provide franchises in the United States.
Dave And Buster’s Rankings
While there are no franchising opportunities available through Dave And Buster’s, there are no rankings or ratings for Dave And Buster’s in particular for 2022.
Before 2022 the ranking is as follows,
- “America’s Top Employers for Diversity” list from Forbes (2020)
- “Top 200 Restaurant Chains” according to Nation’s Restaurant News (2019)
- “Top 200+” Franchise Systems according to Franchise Times (2019)
- “Restaurant Satisfaction Survey” by JD Power (2017)
Franchise Deck Analysis and Overview
The company was able to preserve its creditworthiness and fulfill its debt commitments without failing despite the business challenges induced by the advent of COVID. Dave Busters does not provide franchises, as was already mentioned. As a result, there is no information accessible about how much a Dave and Busters franchise costs.
Burgers, steaks, seafood, spaghetti, poultry, and desserts are among the company’s specialties. The bars also provide entertainment options like simulators and interactive games. Moreover, Dave & Buster is a fan of the Ultimate Fighting Championship.
Due to D&B’s strong exponential growth throughout the years, it may be possible for it to extend and construct more locations in order to boost revenue as it attracts more clients.
Is Dave And Buster’s Profit Worth the Cost?
There is no information available on the potential profitability of having Dave And Buster’s because Dave And Buster’s does not provide franchising possibilities.
However, the fact that Dave and Buster’s cannot even equal the growth of the industry benchmark suggests that it is not only underperforming the market but is also earning less than the sector as a whole. With a profit of $108 million in the fiscal year that ended in January 2022 as opposed to a loss of $206 million in the previous fiscal year, the stock is on track to recoup its losses from COVID.
Dave and Busters Franchise Success and Failure Rate
Dave & Buster does not offer franchising options, making the calculation of franchise failure and success rate impossible. However, we are continuously checking out for the emergence of the company as a franchise provider to update you with all the relevant details.
|Competition Analysis of Dave & Buster’s|
|Dave & Buster’s||Cost to Franchise||Franchise Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
Dave & Buster’s
|$2.5 million and $3.5Million||$100,000 to $150,000||5%+3.3%||$108 million||–|
|Main Event Entertainment Franchise||$25,000-$50,000||–||–||–||–|
|Buffalo Wild Wings||$2,481,500 – $4,604,800||$25,000||5.5%+3.25%||$671,641||–|
|Chuck E. Cheese Franchise||$80,000||$1,170,000 to $1,830,000||5%+0.75%||$912.9 million||–|
|Topgolf Franchise||–||$15-50 million||12%||$21.5 million||–|
The Franchise Deck rating for the Dave And Buster’s is 3.0/5.0.
Dave & Buster’s, also called D&b, prove to be the best place for tourists to drink, eat, watch, and play sports. The large room provides guests with a private area to enjoy exciting meal selections at any time of the day while playing entertaining games at each location, which has more than 45,000 square feet. There are no franchise opportunities at Dave And Buster’s.
In order to draw clients, D&B continuously adds new items to the menu, keeping it current. Burgers, pasta, steaks, seafood, and desserts are just a few of the amazing dishes they provide.
Together with the usual menu, they also offer fantastic bar service for adults and buffets for large gatherings.
You can explore Entertainment And Food for people franchise opportunities categories can look at
- Main Event Entertainment franchise
- Chuck E. Cheese franchise
- Topgolf franchise
- Punch Bowl Social franchise
- Round One (Round1) Entertainment franchise
- Buffalo Wild Wings franchise
- The Cheesecake Factor franchise
- Chili’s Grill & Bar franchise
- Olive Garden franchise
- Coin-Op Game Room franchise
Frequently Asked Questions (FAQs)
- Is the Dave And Buster’s franchise profitable?
As there are no franchise options available through Dave And Buster’s, it is impossible to assess the financial viability of having a Dave And Buster franchise.
- Can you make money owning Dave And Buster’s?
Dave And Buster’s does not provide franchising opportunities, so owning a Dave And Buster’s store cannot generate income.
- Is Dave And Buster a Franchise?
No, It is not a franchise. In 2022 they changed the business plans.
- How much is a Dave And Buster’s Franchise?
It is not disclosed in the Franchise Disclosure Document.
- How do Dave And Buster’s franchises make money?
They don’t generate money by Franchise but Dave & Buster’s makes money by selling food, beverages, and entertainment to customers. They can generate revenue through in-store sales, catering services, private events, and online orders. To maximise profitability, the business must manage its operating costs, such as labor costs, food and beverage costs, and marketing expenses.
Dave and Busters is a popular restaurant and entertainment franchise that offers a great place for family fun. Dave and Busters has locations all over the country, making it easy to find one near you. Dave and Busters offers a variety of classic arcade games, as well as the latest video game systems. The restaurant and bar area of Dave and Busters is great for family meals or a night out with friends. Dave and Busters has a wide selection of food, drinks, and desserts to choose from.
Dave and Busters also offers a great selection of beer, wine, and cocktails.
The staff at Dave and Busters is always friendly and helpful, making it a great place to visit.
Dave and Busters offers a rewards program for members, so you can get the most out of your visit.
Dave and Busters is a great place to host a birthday party or other event.
Dave and Busters has a variety of weekly specials and discounts to make your visit even more affordable.
Dave and Busters offers an amazing selection of games and activities, so there is something for everyone. Dave and Busters also offers a full service catering menu for larger parties or events. Dave and Busters is a great place to go for an evening of fun and entertainment with the family. Dave and Busters has great customer service and a friendly atmosphere that makes it a great place to visit. With locations all over the country, Dave and Busters is the perfect place to go for a night of fun and excitement.