Entertainment
Red Engine see Scottish venues help drive growth – DRAM Scotland
Red Engine, the team behind the experiential bars Flight Club Darts and Electric Shuffle, have announced its full year 2023 financial results which show Red Engine sales were up 26% to £67m while Red Engine sales combined with franchise partner sales exceeded £100m, up 28%, with like-for-like sales up 10%.
Red Engine, supported by its franchise partners, State of Play Hospitality and NightOwl Entertainment, opened four new sites in 2023 across the UK, US and Australia including Flight Clubs in Glasgow and Edinburgh, taking the total Red Engine and partners estate to 25 venues – 15 owned and 10 partner-owned.
State of Play Hospitality is leading the growth of the Flight Club brand in the United States, while all Electric Shuffle venues in the U.S. are Red Engine-owned. NightOwl Entertainment is the Flight Club franchise partner for expansion across Australia.
Ross Shepley-Smith, CFO at Red Engine said, “As we head towards the 10-year anniversary of the first Flight Club, it’s incredibly rewarding to see the business grow from strength to strength. We opened two new Scottish venues in Glasgow and Edinburgh last year and our franchise partners opened a further two sites in Fremantle, Australia and Denver, United States. All our sites hit new sales records in 2023 and our newest Scottish additions to the estate far exceeded our expectations,” said Shepley-Smith.
“With a pipeline of eight more locations planned for 2024, we look forward to continuing to grow our brands, but more importantly, remaining focussed on our mission to make groups of friends everywhere ridiculously happy.”