Escape Hunt signs franchise agreement to roll-out into US and Canada

Mon, 23rd Sep 2019

Escape Hunt has signed a franchise agreement to roll-out sites across the US and Canada with PCH - a US-based investment company that has successfully grown brands such as Papa Murphy's, Miracle Method, and Pedal Pub. PCH will operating its own Escape Hunt sites as a franchisee and will also operate sub-franchisees where appropriate. The roll-out commencement will begin in the coming months. Richard Harpham, Escape Hunt Chief Executive Officer, said: 'We are delighted to have found in PCH a partner that has a proven track record of rolling-out franchises, is well-resourced, and has a deep understanding of the experiential market. With a plan to roll-out escape rooms across the entirety of the US and Canada, this deal represents a significant step towards achieving our goal of growing the franchise estate by two to three times over the medium term.' At 9:13am: (LON:ESC) Escape Hunt Plc share price was +2p at 52.5p Story provided by StockMarketWire.com

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