Tue 25th Mar 2025 - Flight Club operator targeting 84 sites by 2030 as full-year revenue increases to record £77.1m Flight Club operator targeting 84 sites by 2030 as full-year revenue increases to record £77.1m: Red Engine, the Flight Club and Electric Shuffle operator, and its franchise partners are aiming to open 45 venues over the next five years as it targets an estate of 84 sites by 2030. It comes as Red Engine reported revenue increased 15% to a record £77.1m for the year ending 31 December 2024 compared with £66.8m the previous year. Red Engine’s sales combined with its franchise partners’ reached £118.3m.  The company expects to see Ebitda growth for 2024 versus 2023. Ebitda for 2023 was £12m. Red Engine chief financial officer Ross Shepley-Smith said: “Despite a year of pressures on the hospitality sector, we are really pleased with these results, particularly the last quarter, which delivered new records for every Red Engine-owned site. This performance is a direct result of our strong partnerships and the dedication of our entire team, which has worked tirelessly to deliver exceptional experiences to our customers. It also highlights the resilience and strength of our brands, which continue to resonate with diverse audiences globally.” Since the beginning of 2025, Red Engine’s franchise partners have opened Flight Club venues in Dublin, Washington DC and St Louis, taking the total number of Flight Club and Electric Shuffle sites to 34 worldwide. Flight Club Philadelphia and a second Sydney venue are slated to open later in the year. With the support of its franchise partners, Red Engine is aiming to increase its portfolio of venues to 39 in 2025 with six new Flight Club locations and two new Electric Shuffle venues. The Electric Shuffle venues will be in London’s King’s Cross and Chicago’s North River, taking the total to nine. In addition to the Electric Shuffle sites, by year-end, Red Engine will also open Flight Club Newcastle. Red Engine aims to open three or four owner-operated venues each year and its partners have a goal of opening at least four or five Flight Club venues per year. Chief executive Steve Moore said: “We still have to pinch ourselves daily when we think about the success that our brands have had over the past decade. The upcoming launch of Electric Shuffle Chicago and King’s Cross will take the number of Red Engine-owned venues to 23. Both King’s Cross and North River were obvious choices as the next locations for us – they’re a hotbed of awesome brands and nightlife.” Moore stressed he believes being mindful, data-driven, and selective about growth is the key to long-term success. “Expanding our footprint is about more than just opening new doors, it’s about considered, strategic growth and ensuring every new market is the right fit for that community and our brands,” he said. “With each new location, we’re watching the global presence of our brands strengthen. We’re excited to see what’s next as we continue this journey towards making Flight Club and Electric Shuffle household names across the globe.”