Clever Fox Escape Rooms | Application Preview
Clever Fox Escape Rooms is applying for government grants to support their expansion and enhance their working capital. Currently operating two locations, the business plans to utilize available space for new experiences that will increase revenue. They also intend to open a third location featuring a coffee bar and are considering franchising their brand.
The owners emphasize their passion for the business, viewing it as a joyful pursuit rather than just a job. They assert that escape rooms operate in a unique market with little direct competition, likening their business to offering distinct experiences rather than comparable products. Most of their clientele are first-time participants in escape rooms, indicating a large market potential.
Clever Fox distinguishes itself through its family-run approach, dedicating significant time and effort to creating high-quality adventures. This commitment sets them apart from competitors who prioritize quick profits over customer experience. The application highlights the company's enthusiasm and dedication as key reasons for approving funding.
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General Information
Business Registration Number: Clever Fox Escape Rooms
Location: Menifee, CA, United States
Length of Operation: 1 year 9 monhts
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Expansion and working capitol
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Business Plan
We currently have two location and both locations have room for expansion. Right now it is stagnant square footage. Creating new experiences in that space will generate more money. We also want to open a 3rd location with a coffee bar inside. Possibly franchise the brand as well. We are a family owned, self driven and extremely enthusiastic about our business. It is not a job, it is a joy to be doing what we are doing!
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Self Identified Competition
Escape rooms do not really have competitors. The analogy that I use is we are not all selling the same sandwiches. Once customers play one of our adventures they are hooked! Once they play our games they need to go play more, hence the non compete nature. 85% of our customers are still first time escapists. the pool of customers is very large! We are a family owned company and put more time and effort into our product and it shows. There are other companies that are more about the quick dollar and do not invest the time and effort into their adventures that they provide. This among other things is what makes us different!
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Contact Applicant
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