FRISCO, Texas—Five former college roommates at Texas A&M University built a YouTube following of tens of millions with trick-shot videos. Their videos show them sinking basketballs while blindfolded or from a rooftop, among other stunts. Now, in their mid 30s, the five friends who started Dude Perfect LLC are looking for their next act. Their solution: a 30-acre theme park and headquarters they expect to cost at least $100 million and take more than two years to build. Dude Perfect has also branched out into live shows across the U.S. and branded products like sweatshirts and toys.

---