Hi everyone,
A little background:
- Firstly, I am from Spain, where escape rooms have started to grow up recently. We have about 700 escape rooms. Being Barcelona the epicenter.
- I am an student currently finishing my degree.
- Openened an escape room at Barcelona, with two friends, 1 year and a half ago.
- We end up being a fairly popular escape room. Ranked top 5.
- As it is a fairly small business area I end up knowing everyone related and everyone knows me.
- Be doing fine financially (about 2.000€ net per month) with the escape room.
- Struggle to find a good booking management service for my escape room.
- Decide to start a booking management service myself (alone without any partners).
- Hire a programmer, designer... Do all the technical stuff. This was completed about a month ago.
- Talk with the owner of the most used Escape room index and searcher in Spain. We decided that It would benefitial for both to make a deal. I pay him 200€ per month for being the only booking management service integrated in his platform.
- Launch my service, use my contacts and my own escape room to advertise it. Get about 50 escape rooms interested.
- My pricing scheme is as follows: each escape room business pays between 25€ and 50€ depending on how many games they have. Besides this, I charge 1.8% + 0,25€ per transaction (transactions go from about 50€ up to about 140€).
- Having an escape room myself and knowing what I would need makes my booking management system really capable and complete.
- Two weeks after the launch and I have about 300 escape rooms working with me and this is constantly going up.
- Being integrated in the escape rooms index gives about 25% more visibility to them (The index has about 50.000 unique visitors per day), so everybody is happy.
So two weeks ago, I needed one month to earn 2.000€. This last week I've made this amount of money or more per day. Also, as of today, I have about 350 escape rooms working with my system whichs is abou 50% of the market which still gives me a huge amount of new subscribers to the service. After that, I could easily export my system to other countries or globally.
Now, I have never had this amount of money or managed it. I haven't told anyone what my actual income actually is. I still live like I am making 2.000€ per month. I've already got a couple calls from my bank but I don't even know if I should trust them. Do I get a lawyer? A financial advisor? How do I proceed?
Submitted October 11, 2018 at 09:20AM by paugs https://ift.tt/2OS2bqS
