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Recreation

Laser Tag

Looking for a business that gives you a rush? Consider opening an indoor laser tag center and play your way to profits.

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Business At A Glance

Laser Tag
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Indoor laser tag is quickly becoming as popular as paint ball games, and starting a laser tag recreation center may just put you on the path to financial independence. Though this is a very costly business to start and operate (well into the six-figure range0, the profit potential is outstanding.

Revenues are earned by drop-in customers that want to play, as well as by selling monthly memberships to the center. You can also market laser tag games to corporate clients, schools, and clubs, and create special packages that include laser tag games, food, and beverages for corporate and social functions like birthday parties.

Additionally, many operators of laser tag centers also create team leagues and monthly tournaments and give away prizes to the winners. Of course you will also want to have a concession counter on site and sell related products, such as promotional clothing and equipment to bolster sales. The initial objective when you first open is to get as many people as possible to come out and try the game, as a great number of these people will return as regular customers. To accomplish this, give away two-for-one play coupons, and create joint promotions with other businesses in the community.

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Recreation

Video Arcade

The nostalgic allure of vintage gaming could make for a successful business.

Entrepreneur

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Business At A Glance

Video Arcade
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Gone are the days of 25-cent video and pinball games. Today’s high-tech games can often cost as much $2 or $3, and children (and adults) are still lined up to play. A video arcade is a high-investment business to properly establish; nevertheless, the potential profit returns are also extremely high.

Like any business that requires a large volume of people to be successful, you will want your video arcade to be located in a high-traffic, highly visible location. Mall and tourist attractions make fantastic operating locations for video arcades.

The largest and most successful video arcades also include food concession stands, retail product sales, such as theme T-shirts, and family pass options, all of which you’ll want to consider implementing. Prior to starting a video arcade, complete a full and in-depth market survey into its viability. The investment into this business warrants the expense of such a market study.

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Recreation

Martial Arts

Kick butt physically and financially with a business in martial arts.

Entrepreneur

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Business At A Glance

Martial Arts
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Martial arts as a sport is second only to golf in terms of number of new participants over the past decade. Typically, a martial arts school will focus on one particular type of training such as kung fu or kick boxing. A martial arts school can be an expensive new business venture to set in motion. However, the average cost now paid by a student per year for martial arts training is in excess of $600.

Providing the business could train 200 students per year, this would result in revenues exceeding $120,000, based on an average of $600 per year per student. Needless to say, this type of specialized instruction can be very financially lucrative. In addition to group training, one-on-one martial arts training is also becoming popular for the serious student who is prepared to pay $40 per hour or more for an intensive training session.

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Recreation

Miniature Golf Center

Put your love for the sport in a company that putts out profits.

Entrepreneur

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Business At A Glance

Miniature Golf Center
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

There are a few approaches that can be taken for starting and operating a miniature golf business. The first approach is to establish the miniature golf course in a fixed location, indoors or outdoors.

The second approach is to conduct the business on a mobile basis, setting up the miniature golf course in high-traffic tourist areas or in a way that people seeking a unique activity for birthday parties and special events can rent the portable miniature golf course. Regardless of the operating format for the business, both enjoy a common feature, which is miniature golf is extremely popular. Consumer demand for miniature golf has been proven successful for many decades, making this opportunity a wise choice as a new business venture for all people seeking self-employment independence.

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