Dave and Buster’s experienced a “fantastic year” in 2014, CEO Steve King has claimed.

Dave and Buster's Dave and Buster's

Last year’s results are expected to pave the way for further expansion domestically and, he hinted, internationally.

The US-based dining and entertainment venue operator recorded a 17.5 per cent increase in total revenues to $746.8m, up from $635.6m in the previous year. Comparable store sales rose 7.3 per cent and adjusted EBITDA jumped 22.5 per cent to $165.1m.

In the fourth quarter alone, revenues increased 20.8 per cent, store sales were up 10.5 per cent and EBITDA was 28.1 per cent higher than in the corresponding period in 2013. “Amusements and other revenues” increased 24.2 per cent to $104m during the three-month period.

The company opened eight stores last year and raised $98.6m in net proceeds through an initial public offering, enabling it to repay $100m of debt.

The synergies between its dining, entertainment and sports viewing offer make Dave and Buster’s the “first choice for frequent fun,” said King.

“We have now outpaced the competitive industry benchmark for 11 consecutive quarters, demonstrating the strong appeal of ‘Eat Drink Play and Watch’ versus conventional casual dining and other entertainment options. I applaud the entire team for taking our brand to new heights,” he said.

In 2015, the company plans to open up to eight new stores and will be remodelling three additional locations, he revealed.

“With a long-term market potential in North America in excess of 200 stores, we have a significant white-space opportunity to expand our domestic store base and, over time, will explore international development options as well.”