Joe you problem is you always act like it is all income and they have not exspense.
They built a new faciility here, 32 lanes, cost over 4 MILLION to build. If I had 4 million i would expect to make at least 5% on the money. That is over $200,000 in interest on capital. If you borrow your probably paying 7% for $300,000 a year. And that is no principal payment.
How are your utilities? Hve they gone up lately? Those caverenous barns are not cheap to heat, cool, run the machines, parts, labor. Automatic scores used to be about 5 to 10 grand a pair.
That 4% increase in lineage is $6000 a year in your example. To pay increases in utilities, minimum wage, insurance, etc.
Yes there are manyother source of cash stream. Snack bar, video games, candy, shoes, etc.
MagicCarpet had a post a while back about the cost of running a center. I ccodn't do better. Most centers are going broke, I dont know anyone getting rich.
$9.50 for 2 to 3 hours activity seems pretty cheap to me.
