Hello my fellow business owners. I am planning to open a small to medium size indoor soft play area concentrating on pretend play, one big structure with slides (for kids) , toddler area. My target audience are under 7 . As per the census, total population in my area is around 100K with around 7K under 5. This is the first time I am thinking about getting into a business and planning alone is making me nervous. I would love to get your advice on few things and if I have missed anything please feel free to add :
- I am concerned about generating enough profit from the play area alone, so I am considering offering daycare or some kind of classes like arts and dance classes during the day . Which one do you think makes more sense ?
- What are the expected one-time and regular costs(insurance, cleaning etc) for a 2,000 square foot indoor soft play area?
- Do you think having variety of vending machines , free wifi, TV will keep Adults occupied or should I go for proper cafe, pizza set up.
- Where can I buy good and reliable play structures, and how do I choose the best vendor?
- What kind of license or permits do I need ?
- What is the approximate investment for starting an indoor soft play area for a 2,000 square foot
Actually that’s what I am planning to do. There are two near my city, one is a big establishment like 12k sq ft(luv to play) and other is a small to medium which only caters to 6 . What do you think would be an ideal space for my requirement? Do you think showing the business plan to architect first and then choosing commercial space is good idea?