Dave Busters Entertainment Inc
For the period ended Feb 4, 2024. Filed Apr 2, 2024.
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FY2024 · Filed Apr 2, 2024
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ITEM 2. Properties
We lease a 67,000 square foot office building in Coppell, Texas for use as our store support center. This lease expires during the second quarter of fiscal 2032, with options to renew through the second quarter of fiscal 2042. We also lease a 43,000 square foot warehouse facility in Dallas, Texas. Further, we remain obligated on the lease for the former Main Event corporate office in Plano, Texas, which is no longer being used. The lease for this property expires in April 2029, and the Company is working to sublease the property.
As of the end of fiscal 2023, we owned the building or site for four of our 220 operating stores and leased the remainder. We own land related to two future sites, which are expected to open in fiscal 2024. Our leases typically have initial terms ranging from ten to twenty years and most include options to extend the term for one or more 5-year periods.
We had the following locations as of the end of fiscal 2023:
| Location | Dave & Buster's | Main Event | Total |
|---|---|---|---|
| Alabama | 2 | 1 | 3 |
| Alaska | 1 | — | 1 |
| Arizona | 5 | 4 | 9 |
| Arkansas | 2 | 1 | 3 |
| California | 21 | — | 21 |
| Colorado | 3 | 4 | 7 |
| Connecticut | 2 | — | 2 |
| Delaware | — | 1 | 1 |
| Florida | 9 | 3 | 12 |
| Georgia | 6 | 3 | 9 |
| Hawaii | 1 | — | 1 |
| Idaho | 1 | — | 1 |
| Illinois | 4 | 2 | 6 |
| Indiana | 2 | — | 2 |
| Iowa | 1 | — | 1 |
| Kansas | 3 | 1 | 4 |
| Kentucky | 2 | 2 | 4 |
| Louisiana | 2 | 1 | 3 |
| Maryland | 5 | 1 | 6 |
| Massachusetts | 3 | — | 3 |
| Michigan | 3 | — | 3 |
| Minnesota | 2 | — | 2 |
| Missouri | 1 | 3 | 4 |
| Nebraska | 1 | — | 1 |
| Nevada | 2 | — | 2 |
| New Hampshire | 1 | — | 1 |
| New Jersey | 4 | — | 4 |
| New Mexico | 1 | 1 | 2 |
| New York | 13 | — | 13 |
| North Carolina | 4 | 1 | 5 |
| Ohio | 6 | 2 | 8 |
| Oklahoma | 2 | 2 | 4 |
| Oregon | 1 | — | 1 |
| Pennsylvania | 7 | — | 7 |
| Rhode Island | 1 | — | 1 |
| South Carolina | 3 | 1 | 4 |
| South Dakota | 1 | — | 1 |
| Tennessee | 4 | 2 | 6 |
| Texas | 15 | 22 | 37 |
| Utah | 1 | — | 1 |
| Virginia | 4 | — | 4 |
| Washington | 3 | — | 3 |
| Wisconsin | 3 | — | 3 |
| Puerto Rico | 2 | — | 2 |
| Ontario, Canada | 2 | — | 2 |
| Total | 162 | 58 | 220 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.