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Mon 17th Jun 2024 - Flight Club operator signs franchise agreement for Ireland and Portugal
Flight Club operator signs franchise agreement for Ireland and Portugal: Red Engine, the team behind Flight Club Darts and Electric Shuffle, has signed a new franchise partnership with Loyola Group – the operator of multiple hospitality establishments across Ireland and Portugal. The partnership, which is backed by Irish entrepreneur, Barry McGrath, will introduce Flight Club to Ireland, beginning with its first launch in Dublin’s Dawson Street, set to open at the end of 2024/early 2025. Beyond Dublin, Loyola Group is exploring future potential sites across Ireland and Portugal. Steve Moore, chief executive and co-founder of Red Engine, said: “We are delighted to be partnering with such an exceptional team, with proven success across Ireland and Portugal. This partnership has been five years in the making, as we have worked together to find the perfect location to introduce Flight Club to the people of Ireland. We are so excited to see all this work come to fruition when Flight Club opens in Dublin later this year. This new partnership supports the company’s goal to make groups of friends everywhere ridiculously happy, and we are thrilled to have Loyola Group and Barry McGrath join us on this beautiful journey.” Stephen Cooney, director and co-founder of Loyola Group, added: “We are thrilled to be opening the first Flight Club in Dublin later this year. We met Steve [Moore] and Paul [Barham], founders of Flight Club, some five years ago. During this time, we have watched Flight Club grow into one of the biggest and most exciting social entertainment businesses worldwide. We have worked patiently to find the perfect location for Ireland’s first Flight Club. Dawson Street is a fitting address for Flight Club and together with the Red Engine team we will deliver a unique and thrilling venue that Dublin has been waiting for.” The Dublin venue will take the total number of Flight Club sites across the globe to 27. Recently, Red Engine has secured a new £60m facility from Santander, HSBC and Barclays to support its global expansion plans.  At the end of 2024, the total Red Engine and partners' estate – inclusive of Flight Club and Electric Shuffle – will stand at 34. Loyola Group marks the third franchise partnership for Red Engine. State of Play Hospitality owns and operates Flight Club venues in North America, while NightOwl Entertainment owns and operates Flight Club venues in Australia. Flight Club features in the Propel Turnover & Profits Blue Book, the latest edition of which was sent to Premium Club members on Friday (14 June) and features 926 companies. Flight Club’s turnover of £67m for the year ending 31 December 2023 is the 150th highest in the database. The Blue Book ranks companies by turnover, profit and profit conversion, listing directors’ earnings for the past five years. Companies can now have an unlimited number of people receive access to Propel Premium for a year for £995 plus VAT – whether they are an operator or a supplier. The single subscription rate is £495 plus VAT for operators and £595 plus VAT for suppliers. Email kai.kirkman@propelinfo.com to upgrade your subscription.


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