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Activity Forums Q & A Can anyone give me any insight on indoor play areas?

  • Can anyone give me any insight on indoor play areas?

    updated 2 weeks, 2 days ago 0 Member · 1 Post
  • Christine

    Member
    October 29, 2019 at 6:17 pm

    My wife and I have been giving some thoughts to business ideas and realized there is ZERO places for parents to take their kids to play indoors, and honestly not many outdoor either. On all the town facebooks around here people are always talking about how there’s nothing for kids to do, so it would seem there is an opening in a market that isn’t being tapped at all. It’s a rural area with no large towns around but most bigger towns are within 15-20 minutes. I did a quick search for census information and found there was approximately 10,000 kids under 5 in the area, and I’m sure between 6-13 there’s gotta be an additional 5-10k. I did some quick math and figured a low monthly option might be attractive to the residents as the average income is around $44000. Monthly Plan: $39.99 for 2 kids, addl. $4.99 per kid. And that would include free drinks and a snack per visit with unlimited visits. 5,000 kids @ $39.99 = $199,950 5,000 kids @ $4.99 = $24,950 Revenue Total: $224,900 / Month and $2.7 Million annual Obviously that’s just a rough estimate but it’s still not including the kids 6-13. Would also have a concession stand and private party options for additional income streams. If this took off, we would look at expanding into an arcade and LAN gaming room to get the older audience. Can anybody offer any insight on this type of business and what kind of expenses we may not be considering? Thanks! – by hq overview theoddman92 – –

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