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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

Cigar Sales

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

Entrepreneur

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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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Recreation

Scuba Dive Charter Boat

Are you a dive master? Explore the realms of this business idea to bring profits to the surface.

Entrepreneur

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Business At A Glance

Scuba Dive Charter Boat
Startup Costs: $10,000 – $50,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Calling all dive masters, dive instructors, and boat owners. A financially and personally rewarding lifestyle awaits anyone who starts a scuba dive charter boat business. The two main requirements to get this business rolling are an experienced dive master or instructor on board and a boat. Perhaps you possess one of these requirements, but not the other.

This can be the groundwork for a potential business partnership or joint business venture with a company or individual that has what you lack. The business can be marketed by utilizing all the traditional marketing and advertising methods, as well by building alliances with companies and individuals who are already in the travel and recreation industry who can refer your business to their clients for free. Or they can even act as a booking agent for your business and receive a commission for doing so. Ideally, a scuba dive charter boat will be operated in a busy tourist area, or in an area where weather permits year-round scuba diving.

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Recreation

Coins and Stamps

Feed your collecting soul with a store that buys, sells and trades collectible coins and stamps.

Entrepreneur

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Business At A Glance

Coins and Stamps
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Opening a retail store that buys, sells and trades collectable coins and stamps is a good business venture for the hobbyist coin and stamp collector to get going. The store doesn’t need a great amount of square footage, as the inventory is compact.

As a method to reduce startup and operating costs, consider a joint venture with another retailer. Good matches for this type of shared retail space include pawnshops, comic book retailers, and memorabilia stores. As is the case with any retail venture, the goal is to buy low and sell high; thus, you must possess strong negotiation skills and have experience identifying the condition and value of coins and stamps.

The Market

Coin and stamp collectors

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