Dave & Buster’s Entertainment Inc. — the all-in-one restaurant, sports bar and arcade concept — is coming to the Tampa Bay region.
The company (NASDAQ: PLAY) on July 18 filed plans with Hillsborough County to build a 38,989-square-foot location on a 6-acre site just off of Interstate 75 in Brandon, near Bass Pro Shops Outdoor World and TopGolf.
It is the first location for Dave & Buster’s in this region. The Dallas-based company has two locations in South Florida, one in Jacksonville and a recently opened store in Orlando.
A spokesman for Dave & Buster’s was not immediately available for comment Thursday afternoon. Retail development is in a state of flux, but entertainment concepts like Dave & Buster’s — and its soon-to-be neighbor TopGolf — are in growth mode. Its profits increased 60 percent in the first quarter of 2016 over the first quarter of 2015.
In May, Dave & Buster’s was rated the second-best performing stock in the U.S. over the last five years, according to SmartAsset. “While most restaurants make their money selling food and drinks, Dave and Buster’s is more than just a restaurant; it’s an entertainment destination and this is a key differentiator as more than half of the company’s total revenue in 2015 was thanks to games and amusement,” analyst Jason Moser told the Dallas Business Journal, a sister news organization….....Read More