Franchising information for Dave & Buster's. Become a member of the family. (2024)

FAQs

Does Dave and Busters do franchises? ›

While 72% of Dave and Buster's business structure comprises franchises, the Dallas-based company only franchises locations internationally. According to Franchise.com, the company owns and operates its locations in the U.S.

Ensure you have adequate capitalization.

In order to open the Dave & Busters sports bar franchise, you must have minimum investments of around $11.8 million.

If two persons are to be involved in the franchise, the precise basis of their involvement must be given to the franchisor because, for instance, the franchisor may well want both persons to be actively involved in the business or would be happy for only one to be involved.

The average annual income for a franchise owner with a business open for 2-10 years is $130,000, according to a survey of 35,000 franchisees across 375 leading brands conducted by Franchise Business Review. The average annual income for a franchisee with a business open for more than 10 years is $177,240.

To enroll and receive the full benefits of the Program, you must obtain a Dave & Buster's Power Card® ("Power Card") and register that Power Card with Dave & Buster's (i.e., have a "Registered Power Card"). Power Cards can be obtained at a Participating Location or purchased in the Dave & Buster's app.

Revenue of $2.0 billion in fiscal year 2022 increased 50.6% from fiscal year 2021 and increased 45.0% from fiscal year 2019.

Despite this, Dave & Buster's maintained profitability. Q4 net income totaled $36.2 million, leading to full-year net income of $126.9 million.

Persons under the age of 18 or 21 (varies by location) may only enter the premises with a guardian who is at least 25 years of age. Each guardian may bring no more than 6 underage persons into the premises.

The first Dave & Buster's was opened in Dallas in 1982 by David "Dave" Corriveau (1951-2015) and James "Buster" Corley (1951-2023). Corley had previously operated a bar called "Buster's" in Little Rock, Arkansas, next door to a saloon and game parlor called "Cash McCool's", owned by Corriveau.

More than 75 industries use franchises to distribute goods and services. In fact, one out of every 12 businesses in the U.S. is a franchise. Again, it is not surprising that families own many of these businesses. But what may surprise you is that families are franchisors as well as franchisees.

Can a franchise make you a millionaire? ›

Becoming a millionaire with a franchise requires more than just a good brand. It implies properly growing into a multi-unit organization, which, by the way, is possible for anyone who wants to, as long as they get the right knowledge.

Franchise models that offer the highest return on investment are those that have a proven track record of success, a strong brand name, and a loyal customer base. According to Franchise Direct, some of the most profitable franchises models include McDonald's, 7-Eleven, and Dunkin' Donuts.

Most franchise owners don't receive a salary. Instead, a franchise owner's earnings come from the revenue and profits after paying overhead costs. Those costs typically include equipment and fees, inventory, supplies, staffing, benefits, utilities, rent, taxes, royalty fees, and advertising fees.

McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500.

Despite this, Dave & Buster's maintained profitability. Q4 net income totaled $36.2 million, leading to full-year net income of $126.9 million.

Franchising Opportunities

Minimum requirements for franchise developers include, but are not limited to, the following: Ability and willingness to open 5+ Topgolf venues. Strong financial backing (access to $150M+ in capital) Experience in entertainment, F&B, and/or hospitality.

Dave & Buster's Inc. is changing hands, with Wellspring Capital Management agreeing to sell the chain of restaurants that double as videogame arcades to Oak Hill Capital Partners in a $570 million deal.