People are now more interested in investing in the entertainment sector. The reason behind this choice has to do with the rise of the gaming industry, both in terms of technology and classic games such as billiards, pool, darts, bowling, ping-pong or similar activities, usually selected for entertainment purposes. In fact, business owners state that starting a business in the gaming industry is more profitable than ever, as people are looking for new ways to spend their free time. The video game industry is not left behind either, as people who already own businesses in entertainment are looking for methods to include game consoles in their services.
Day and night
Entrepreneurs look for various ways to invest in bar playhouses. There is a downside related to playhouses that businessmen are quite afraid of – is it going to be profitable enough? In most cases, playhouses only work during the afternoon and the night, especially if there’s a bar or restaurant included. The mistake of people who want to start a business in this domain is that they don’t include daytime activities as well. People can enjoy a book, a board game or simply work on their laptops as long as the ambiance is suitable. Offering clients the chance to buy a drink and bring their own meals during the day will attract a lot of people to the new playhouse.
Inspiring and chill decor
Another investment has to do with the decor. A big part of the budget is going to be attributed to create an inspiring interior design. Refurnishing the whole place will cost a lot, but the investment should be returned in the shortest period, as people prefer to spend their spare time in a beautiful place. Besides investing in a wide range of drinks and snack foods, the whole atmosphere will be the one that truly attracts new customers every day. If an exterior garden is available, entrepreneurs should take full advantage of it, both for more entertainment activities and a chilled place to relax during summer.
Range of games
Finally, the biggest investment goes on the range of games offered. As mentioned before, the soaring popularity of games is in the center of attention, both for businessmen and people who are interested in such services. The most popular investments in the past few years are represented by gaming consoles, at least one full size pool table, a few ping-pong tables and some bowling lanes. The board games offered should be upgraded every 6 months or earlier, so that clients don’t lose interest or get bored of them. Another worthy investment is represented by Arcade machines.
The investments are considerable
Even though the investment can’t be ignored, the profit obtained after launching such a business will surely be worth it. The gaming industry is more and more appreciated, so there’s a high chance that the business will only become more profitable than it is at the moment. Upgrades will be necessary yearly or twice a year.
Author
Stephen Marshall is a Director of Be Basic CEO with extensive experience in marketing and financial services in Meridian, Idaho. My work has been featured and mentioned in a wide range of publication, including Tweak Your Biz, Mobile Business Insights, Social Nomics, Small Biz Club, Energy Central, Dzone, Biz Community, Blog Her and more.
