Unit Economics — single ticket, single location

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Tickets / yr
Blended ticket
avg £ per seat sold
Profit / ticket
Annual EBITDA (£000s)

Per ticket

Blended ticket
— Rent
— Staff
— Capex amortisation
— Variable
— Marketing
Total cost
Profit / ticket

Annual (£000s)

Annual revenue
— Rent
— Staff
— Capex amortisation
— Variable
— Marketing
Total cost
Annual profit (EBITDA)

CapEx scenario — DIY (first 2 sites) vs pro fit-out (later sites)

DIY — first 2 sitesPro fit-out — later sites
CapEx (£000s)
CapEx amortisation / ticket
Profit / ticket
Annual EBITDA (£000s)
Margin
Headline figures (top) & the breakdown use the DIY column — the in-house base case. The profit bar shows both scenarios so the pro fit-out cost is visible. The pro figure drives later sites on the Scale Network tab.

Scenarios

Sites end of 2031
Peak revenue (£000s)
Peak op profit (£000s)
Cash-positive year
cumulative cash > 0
Exit valuation

Annual P&L + Cash Flow (£000s)

Multi-site Cash CapEx: the first two sites built use the template's DIY figure (we build & manage them in-house); every site after that uses the pro fit-out figure (professional firm, faster roll-out). Each site's full build cost hits cash in its opening year — so a year that opens several later sites carries a heavier CapEx line. We can always bring later sites in-house to spend less.