--- In AsburyPark@yahoogroups.com, "dsher4" <[EMAIL PROTECTED]> wrote:
>
> And btw, i like arcade's
>
Ok, boardwalk lesson # 42:
Arcades are, as one operator once said, a thing of the past UNLESS....
Problems: RENT. Old arcades either had long term leases or they
OWNED the place.
Equipment: COSTS and Longevity. The machines are expensive -
therefore you pay alot for a game. The games change very quickly.
That's why some machines can be repogrammed or now will have multiple
games. Towns (think AP still does) require a permit or fee for EACH
game installed as does the state (I think).
Size matters - skeeball takes up about 30 sq ft per unit....about
$2500 used. Figure 10 of them = 25k..used and 300 sq ft plus room to
play...dance rev games around $7500 to $10k, plus room. So let's
assume you need at least 5,000 sq ft and if they charge you (a guess)
$40 per sq ft... that's $200,000 per year in rent or $17,000 per
month. PLUS, you have to have employess, insurance, pay taxes, pay
your electric bill....and make a profit so you get something back for
the risk. That $17k /month can be shrunk to a 5 month period of when
you need real good weather and PEOPLE. Arcades do their biz AFTER the
beach - unless you bring in camps like Lange did with the palace
during the day.
An acrade sure would be fun...as long as you're not wiping the glass
on a rainy day watching those machines blinking and talking to each
other...That's why Dave and Buster's has a concept - like MM - add
liquor. Someone here called it Chucky Cheese for Adults.
There's a reason why it's not in NJ.
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