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Recreation

Video Arcade

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

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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

Rowboat Rentals

Row, row, row your biz gently down the cash flow stream.

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Business At A Glance

Rowboat Rentals
Startup Costs: $2,000 – $10,000
Online Operation? No

Business Overview

Here is a great little business that can be started for peanuts and operated on weekends and holidays on a part-time basis. Secondhand good quality rowboats can be purchased for as little as $500 each, yet the same rowboats can be rented for as much as $10 per hour to fishermen and sightseers.

With that kind of return on investment, it will not take long to get back your initial start-up costs and reap a healthy profit. Obviously the business has one main requirement in order to be operated: water. If the business is established within close proximity to a river or lake, the boats can be rented from a marina location, beach, or even right from a riverbank. A rowboat rental business also requires that you carry liability insurance and the boats are outfitted with safety equipment such as life vests, paddles, and a whistle.

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Recreation

Skateboard Park

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

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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.

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Recreation

Cigar Sales

This hot business is so specialized, it’ll have you smokin’ out profits in no time.

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Business At A Glance

Cigar Sales
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Online Operation? Yes

Business Overview

Across the United States millions of dollars’ worth of cigars are sold monthly, some for $250 or more each–making this a very lucrative market. Once you’ve secured a wholesale source for purchasing cigars, here are a few ways to retail them for a profit:
  • Establish a small kiosk in a mall or market location for selling cigars.
  • Employ direct sales teams remunerated by way of commission based on their sales.
  • Initiate a direct-mail and email campaign aimed at corporations to purchase the cigars to give to valued clients and business associates as gifts.
  • Purchase vending machines and stock these machines with cigars for sale. The machine will have to be a ‘minihumidor’ and can be located in high-traffic gathering places such as restaurants and pubs.

The Market

Cigar coinsurers and novice smokers alike

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