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Gaming Lounge

Started by Richard Rivera4 · · 👁 3 views · 6 replies

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Participants Richard Rivera4Ronald Moore8Morgan Jones14brightmoose60Nancy Green7George Barrett35
Richard Rivera4 Richard Rivera4 NewcomerOP
2 messages
joined Dec 2006
#1 ·
So... I’ve been looking at this potential space—it's a spot I could lease that sits less than thirty feet from the entrance of an elementary school courtyard, right by the door to the local burger joint where most of those kids grab their lunch. To make matters even more interesting, there's a high school nearby, and quite coincidentally, it's also right next to the community college where I happen to be a student myself!
It just occurred to me, perhaps a bit impulsively, that I could set up a lounge in there with maybe seven or eight TVs and an equal number of PlayStations, and just... go for it. My vision is to run this as a small business and hire some fellow students on a part-time basis to help out. However, since I am currently enrolled in classes, I'm wrestling with a bit of a dilemma: would it be wiser to register the business under someone else's name—say, my grandmother or a close friend—just so I don't run into any complications with my student health insurance or other benefits?
I've already done some digging into the equipment costs, but I'm still somewhat in the dark regarding the various "hidden" expenses involved in launching a small business in the States. Specifically, I'm wondering if a full-time student is legally permitted to own their own business, what the tax implications look like, and whether I'll be required to invest in a professional POS system and cash register, among other things. 🙂

Oh, and one more thing—would I be allowed to sell stuff like Montana sandwiches and Coca-Cola? There's plenty of room, and let's be honest, those kids devour that kind of stuff like they haven't eaten in a week.

Thanks 😁😁😁
Ronald Moore8 Ronald Moore8 Member
38 messages
joined Jun 2007
#2 ·
If you intend to start selling food and beverages, I suppose you should probably expect an inspection from the health department....
Morgan Jones14 Morgan Jones14 Newcomer
5 messages
joined Dec 2006
#3 ·
Not really sure how things work with PlayStation, but I know from experience that hitting up a local PC cafe with killer high-speed internet and a solid LAN setup works wonders. $1.75Give it an hour and you'll see😬
Richard Rivera4 Richard Rivera4 NewcomerOP
2 messages
joined Dec 2006
#4 ·
petro3 said:Look, I’m not exactly an expert on the PlayStation ecosystem, but if you head to a high-end PC gaming lounge—the kind with lightning-fast fiber internet and everything hooked up on a local LAN—you'll see what I mean. It works wonders. Just give it $1.75 an hour or so and you'll see😬

That's pretty much what I was thinking 🙂🙂

Does anyone have any actual, useful advice to offer? 😁
brightmoose60 brightmoose60 Newcomer
1 message
joined Dec 2006
#5 ·
And another thing: how long are you actually going to be working just to break even on all that gear you bought?
Nancy Green7 Nancy Green7 Member
24 messages
joined Oct 2010
#6 ·
Sit down and make a real plan. List out every single expense—gear, rent, utilities, and those inevitable "surprise" costs. Figure out your pricing, run the math, subtract the overhead, and see exactly how many hours you have to grind just to break even. But hey, I’m sure you’ve already done all that.

You can't just start selling food and drinks without a permit. It’s a bad move. Though, setting up a small bar to sling cheap beer might actually be a decent idea. 🙂

And based on where you say this place is located, kids and college students are going to be swarming you right during class or lecture hours. You really want to be the reason local prices skyrocket? 🙂

Jokes aside, this looks like a solid business venture at first glance. My advice? Don't expect a massive crowd on day one. Kids stay home playing PlayStation or PC games these days. Instead, host tournaments for different games and offer small prizes to the winners. Something like 10 free hours of playtime would definitely give them a reason to come back. 🙂

That's all I've got. Good luck.
George Barrett35 George Barrett35 Active Member
98 messages
joined Aug 2009
#7 ·
I’m not sure if you’ve actually factored in the fact that your biggest expense isn't going to be the hardware, but the library itself. You’re going to need at least a few titles from every single genre, and when you realize there are millions of them out there—and heaven knows what kind of niche stuff those guys in the machine shops are going to want to play—you’ll see how quickly that adds up. If you take all that and multiply it by $50 or $60 a pop, I honestly have my doubts about whether this whole thing even makes financial sense.
And don't even get me started on buying pirated copies, because the IRS will be knocking on your door before you can even finish downloading them.

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