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Suppose you could buy up brands in four segments of the experience entertainment category—pedal pubs, escape rooms, ax-throwing spaces and emerging brands (also known as whatever people come up with next)—and franchise them. Sound like a fun business?

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Proprietors Capital Holdings, the owner of Pedal Pub since 2017, formed a new umbrella company called Go Xperia and embarked on a strategy to buy and franchise "experience entertainment" brands in four categories, said Go Xperia CEO Bob Ruhland at the Franchise Investment Conference today in Dallas.