Connect with us

Recreation

Skateboard Park

With skateboarding and in-line skating being two of America’s favorite pastimes, a skatepark can roll up some good profits.

Entrepreneur

Published

on

Business At A Glance

Skateboard Park
Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Skateboarding and in-line skating are two of the most popular sports and recreational pastimes in North America, enjoyed by millions of participants every day. There has never been a better time than now to capitalize on the demand for anything skateboard or in-line skating related.

Perhaps one of the best ways to capitalize on this demand is to start a skateboard and in-line skating park. The park can be indoor or outdoor, depending on geographical location. Furthermore, the park can feature areas with obstacles for beginners to advanced skill levels.

Additional income can be earned by providing equipment rentals as well as instruction courses for skateboarding and in-line skating. Without question this is an expensive and difficult business to establish in terms of planning, research, and financing. However, the potential profits that can be earned justify the effort.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

Advertisement
Comments

Recreation

Horseback Riding

Marry your passion and income with horseback riding lessons.

Entrepreneur

Published

on

Business At A Glance

Horseback Riding
Startup Costs: $10,000 – $50,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Starting a horse riding stable, training, and boarding facility requires an enormous capital investment, and this type of business start-up is strictly for the experienced horse fanatic, not to mention that you must be a seasoned business veteran.

However, if your dream is to operate your own horse stable then maybe you could start small with a few horses that can be boarded at a local farm. The same farm may allow you to conduct riding classes on their property for a split of the business profit. The initial start-up costs will still be high, but only a fraction of what it would cost to establish a complete horseback riding facility.

Continue Reading

Recreation

Video Arcade

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

Entrepreneur

Published

on

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.

Continue Reading

Recreation

Martial Arts

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

Entrepreneur

Published

on

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.

Continue Reading

Trending

FREE E-BOOK: How to Build an Entrepreneurial Mindset

Sign up now for Entrepreneur's Daily Newsletters to Download​​