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Gamers Heaven franchise

2022 filing · July 6, 2022Growing

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Gamers Heaven at a glance

A gaming and Japanese pop culture store with game play, anime, cosplay goods, snacks and groceries. At the end of 2021 there were 2 Gamers Heaven locations in the US, 1 franchised and 1 company-owned.

The business

Industry
Entertainment
Also listed in retail
Franchisor
GH Franchise, LLC
The company that sells the franchises
Who runs it
Owner
An owner must run it day to day
Franchisor based in
Phoenixville, Pennsylvania

What you pay

Cost to open
$496K–$934K
Fee, build-out and opening working capital
Franchise fee
$45,000
Paid once, when you sign
Royalty
6%
6% of weekly gross revenue
Brand fund
2%
2% of gross revenue, paid weekly; it can rise to 3%
Agreement length
7 years
Territory
Limited
Limited protection
Franchisor financing
None offered
SBA Franchise Directory
Not listed
Lenders check this list before an SBA loan

Where it is

US locations, 2021
2
Franchised and company-owned
Franchised
1
Company-owned
1
Change in 3 years
+1
Franchised locations, 2019–2021
States
2
Most in Pennsylvania and Washington

Support and records

Shares sales figures
No
Ask current owners what a location makes
Initial training
9 hours
5 hours in class and 4 on the job
Lawsuits disclosed
None
Bankruptcy disclosed
None
Franchisor revenue, 2021
$173K
The company, not one location
Franchisor net loss
$225K
Latest filing
Jul 6, 2022
2022 filing

From GH Franchise, LLC’s 2022 filing; revenue and net loss from its audited financial statements, page 155; SBA status from the SBA Franchise Directory, October 28, 2026.

Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.

Where it ranks

Gamers Heaven among all franchises with the same figure.

FigureGamers HeavenAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$715,100Costs more than 76% of franchises
Franchise feePaid once, when you sign$45,000Higher than 55% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned2Fewer than 82% of franchises

How much a Gamers Heaven franchise costs

Opening one Gamers Heaven costs an estimated $495,800 to $934,400. That covers the franchise fee and everything else needed to open, through the first months of working capital.

Source: GH Franchise, LLC, 2022 filing, page 16

Gamers Heaven franchise fee

The franchise fee is $45,000. You pay it when you sign the franchise agreement.

Source: GH Franchise, LLC, 2022 filing, page 8

Royalty and ongoing fees

Royalty6% of weekly gross revenue.
Brand or marketing fund2% of gross revenue, paid weekly; it can rise to 3%.
Required Minimum Expenditure for Local Marketing and AdvertisingNot less than $500 per month

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: GH Franchise, LLC, 2022 filing, pages 8 and 9

Other fees as filed, from page 9. The filing lists every fee, including late fees and audit costs.

Sales and earnings

No figures Gamers Heaven does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.

Source: GH Franchise, LLC, 2022 filing, page 44

How Gamers Heaven compares

Of the 168 entertainment franchises on this site, Gamers Heaven is the 111th cheapest to open and the 111th largest by number of locations.

FigureGamers HeavenTypical entertainment brandTypical franchise
Cost to open, low end$496K$286K$222K
Cost to open, high end$934K$598K$477K
Franchise fee$45K$45K$40K
Royalty6%6%6%
Brand fund2%1.3%2%
US locations2821
Shares earnings figuresNo113 of 1682,147 of 3,352

Typical is the median across the 168 brands in entertainment franchises; typical franchise, across every brand here.

Locations opened and closed

1 opened
0 closed or left
Franchised locations, last 3 years
2019
0 opened0 closed or left
0 (0)
2020
0 opened0 closed or left
0 (0)
2021
1 opened0 closed or left
1 (+1)
YearFranchisedCompany-ownedOpenedClosed
20190 (0)100
20200 (0)100
20211 (+1)1+10

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: franchise failure rates.

Source: GH Franchise, LLC, 2022 filing, page 45

Source filing (2022, PDF)

Where Gamers Heaven locations are

At the end of 2021, Gamers Heaven had locations in 2 states. The most are in Pennsylvania and Washington.

  • Pennsylvania1
  • Washington1
StateFranchisedCompany-ownedTotal
Pennsylvania011
Washington101

Source: GH Franchise, LLC, 2022 filing, page 46

Who owns Gamers Heaven?

Gamers Heaven franchises are sold by GH Franchise, LLC. Its filing names no parent company.

From GH Franchise, LLC’s 2022 filing, page 6.

Gamers Heaven filings

The figures on this page come from GH Franchise, LLC’s 2022 filing, issued July 6, 2022, on record with the NASAA Electronic Filing Depository.

Gamers Heaven filings, newest first
FilingIssuedRegistryOn this page
2022 filingJuly 6, 2022NASAA depositoryCosts, fees and locations, 2019–2021

Each link opens the filing as a PDF. See the newest filings across all brands.

Other entertainment franchises

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Gamers Heaven is also on these lists: retail franchises.

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