Playlive Nation operates premium social gaming lounges featuring interactive games and entertainment. The franchise provides a social, recreational environment for players of all ages.
Key Insights
- Playlive Nation began with a vision to create engaging social gaming experiences, evolving to offer a comprehensive entertainment solution that blends digital gaming with physical social spaces, fostering community and competitive play through a curated selection of popular titles and dedicated gaming stations.
- The business operates by providing accessible and interactive gaming environments designed for groups, focusing on user experience and community building, and the franchise model allows for scalable expansion of these social hubs across various locations.
- The franchise operates within the burgeoning social entertainment sector, an industry experiencing significant growth as consumers seek shared experiences and innovative leisure activities that combine technology with real-world interaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Playlive Nation gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $147,960 - $344,440, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Training and Resources
Playlive Nation provides comprehensive initial training for new franchisees. This program offers immersive learning covering operational procedures and business strategies. The training spans two weeks and is conducted at Playlive Nation headquarters. Additionally, Playlive Nation offers ongoing resources and support to foster continued growth and success within the franchise network.
Legal Considerations
Legal considerations for a Playlive Nation franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter challenges related to adapting to local consumer preferences, ensuring efficient staff training for complex operations, and navigating potential disruptions in equipment or game content supply chains. The unique nature of the gaming and event space also necessitates a keen understanding of competitor offerings and a consistent effort to create engaging experiences that resonate with the target demographic.
Franchise Datasheet
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