Re: cash flow potential from an arcade/gameroom store

The key to making a small fortune in business ownership is to start
with a large fortune :-)

There are so many issues involved in a start-up, one email or post
can't begin to scratch the surface. The prior advice about zoning is
excellent, I'd add to it that whatever you decide to do should be
throughly investigated. It's an old saw, but a good business plan is
critical. The process of preparing one will give you a more realistic
picture of your operating cost, and potential profit.

If I had it to do all over again, I'd carefully pick a location then
open up a coffee shop. Depending on your local codes you can avoid
some of the high cost of restaurant set-up (like grease traps and fees)
by not serving hot food. Of course, if you have a Starbucks around the
corner, all bets are off.

Spend your time on the details up front, otherwise you're just wasting
it.

Mike Doyle


Max wrote:
I'm looking at a property in my area that needs something.... potential
ideas are:

hardware store (small neighborhood store for 'on demand' project needs...
your fixing a pipe and a shutoff valve is bad...that sort of thing,,, not a
threat to HD or lowes

Taco stand... surf taco... beach burrito... steps above Taco Bell... needs
a lot of capital investment to support even a small kitchen

liquor store... this is the money maker... closest place is over 2 miles
away, thru some awful traffic in the summer.... towns founding fathers may
have a problem with this, since it is across the street from a little league
field... although the coaches would probably be the best customers! liquor
license would be a concern also, unless I partnered w/a franchise like Buy
Rite.

arcade/computer gaming/home sales..... home sales are ok, but the cash flow
can be unpredicatable and subject to external market conditions... kids
always have quatrers/dollars/lincolns to spend year-round... I could try to
sell it as a birthday party destination-type place, but I think the street
traffic potential is excellent (did I mention it is across from the
ballfield?)

assuming I could get the equipment in there at a reasonable cost, how can I
project cash flow?

comments, questions, trials, tribulations?

Michael

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