Kings Dining & Entertainment is a well-established entertainment and dining company that has been operating since 2002. The company specializes in providing elevated gaming and entertainment experiences in a retro-themed environment, combining dining, bowling, billiards, arcades, and other entertainment options under one roof.
2024 Financial Performance
Based on available financial data, Kings Dining and Entertainment has an annual revenue of $46.6M and employs 242 people. This revenue figure represents the company’s overall financial performance in the entertainment dining sector.
Business Model and Revenue Streams
Kings Dining & Entertainment generates revenue through multiple channels:
Food and Beverage Operations: The company offers what they describe as “craveable crowd-pleasing food, creative cocktails and extensive beer selection,” which forms a significant portion of their revenue base.
Entertainment Services: Revenue is generated from various entertainment activities including:
- Bowling facilities
- Billiards tables
- Arcade games
- Multiple big screen viewing areas
Private Events and Corporate Functions: The company has built a strong reputation for hosting private events, which includes corporate outings, birthday parties, and family gatherings. This segment likely provides higher-margin revenue due to the premium nature of private bookings.
Market Position and Competition
Kings Dining and Entertainment’s top competitors include Café Landwer, Northeast Pizza and The Smoke Shop BBQ, indicating the company operates in a competitive landscape that includes both traditional restaurants and entertainment venues.
Industry Context
The entertainment dining industry has faced various challenges in recent years, particularly following the COVID-19 pandemic, but has shown resilience and recovery. Companies like Kings Dining & Entertainment have adapted by focusing on private events and maintaining diverse revenue streams that appeal to different customer segments.
Employee Base and Operations
With 242 employees supporting $46.6 million in annual revenue, Kings Dining & Entertainment maintains a revenue-per-employee ratio of approximately $192,000, which is competitive within the hospitality and entertainment industry.
Long-term Market Presence
Kings Dining & Entertainment has been “Making Memories Since 2002” and has operated for over 20 years, demonstrating the company’s ability to maintain market presence and customer loyalty in a competitive entertainment dining sector.
Financial Outlook
While specific 2024 quarterly breakdowns are not publicly available, the company’s established market presence, diverse revenue streams, and focus on both individual customers and corporate clients suggest a stable financial foundation. The combination of food service, entertainment, and event hosting provides multiple revenue opportunities that can help weather economic fluctuations.
The $46.6 million annual revenue figure positions Kings Dining & Entertainment as a mid-sized player in the entertainment dining industry, with sufficient scale to compete effectively while maintaining the personalized service that has contributed to their longevity in the market.
