FranchiseVerdict
810 Entertainment logo
FV-00038·MODERATEExcellent86

810 Entertainment

Formerly known as 810 Billiards & Bowling

OtherFranchising since 2018Website
Investment
$2.9M – $5.0M
96th pct Other
Avg revenue
$2.3M
43rd pct Other
Royalty
5.0%
6th pct Other
Units
10
38th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $2.9M – $5.0M including a $50K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $2.3M/year (median $2.1M).
  • Rated MODERATE with a risk score of 57/100. SBA loan default rate of 0.0% across 18 loans (below the industry average).
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
810 Franchise Concepts, LLC
Incorporated in
South Carolina
HQ
1220 Moser Dr., Myrtle Beach, South Carolina 29577
Auditor
Wittlin, Dry & Dry, LLP
Audited financials
Franchisor revenue
$164K
vs $264K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one 810 Entertainment unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,320,936
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $2.9M–$5.0M
Working capital
$
FDD reports $100K–$300K

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$395K
EBITDA margin
17.0%
Total invested
$4.2M
Payback
126 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 810 Entertainment units return on equity?

Edit assumptions

Equity IRR · 5-yr

27.9%

3.42× MOIC

Year-1 DSCR

2.92×

EBITDA ÷ debt service

Equity required

$11.2M

on $23.2M purchase

Total debt

$12.0M

SBA $5.0M + senior + seller note

SBA 7(a) request ($11.6M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

810 Entertainment franchisees operate entertainment venues (bowling, arcade, dining, or similar social/gaming concepts based on brand positioning). Day-to-day operations involve managing facility operations, customer service, food/beverage service, equipment maintenance, event scheduling, and staff management across multiple revenue streams.

CEO
Michael Siniscalchi
Founded
2017
FDD year
2025
States available
6

Item 7 · what it costs

The Vitals

Total investment
$2.9M – $5.0M
All-in to open one unit
Liquid capital
$100K – $300K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.3M
Per unit, per year
Median gross sales
$2.1M
Item 19 type
Actual
Sample size
5 units
vs category median 20 · small
Range (low → high)
$1.7M$3.1M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank43th
vs Other peers
Investment cost rank96th
Lower investment ranks lower (better)
Royalty rate rank6th
Lower royalty = lower percentile (better)
Unit count rank38th
vs Other peers
Risk score rank32th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
10
Opened
3
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
5
Corporate units in the system
% franchised
50%
vs corporate-owned
Net growth (yr3)
+150.0%
Net unit change last year
3-yr CAGR
Outlier (see FDD)
Likely small-sample artifact
2023
5+3
Franchised units
2024
2
Franchised units
2025
1
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 23 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 23 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
18
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

810 Entertainment presents cautionary risk due to undisclosed profitability, going concern status, territorial vulnerability, and explosive growth trajectory that lacks accountability metrics.

Score breakdown · what drove the 57 / 100 rating

  1. 01MINORNo net income disclosure (Item 19) prevents ROI validation despite $2.3M average revenue
  2. 02HIGHGoing concern status indicates franchisor financial instability or operational uncertainty
  3. 03MINORUnprotected territory creates direct competition risk from other 810 Entertainment franchisees
  4. 04MINORExtreme unit growth (150% YoY) from only 10 units suggests unsustainable expansion or cherry-picked data
  5. 05MEDHigh capital requirement ($2.9M-$5M) with undisclosed profitability creates significant financial risk
  6. 06MINORSmall unit base (10 locations) limits meaningful performance benchmarking and system maturity

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius/Population
Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
South Carolina

Item 11

Training & Operations

Classroom training
16 hrs
On-the-job training
70 hrs
POS system
Touch Bistro Point of Sale System
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

40 numbers

Locked
(605) 773-••••
SD
(401) 462-••••
RI
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

810 Entertainment · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above