A family entertainment recreation center could be right for you and your community.
Family entertainment is a highly profitable industry that has been growing rapidly over the past few years. A family entertainment recreation center (FEC) can include everything from video arcades and laser tag to trampoline parks. These unique attractions offer exciting opportunities for not only developers and communities but also for potential investors. Take a look at some of the reasons why we at Sports Facilities Advisory feel like it is in your interest to invest in a family entertainment recreation center.
The Experience Evolution
More and more people are now choosing to invest in experiences rather than goods. Consumers are looking for something fun that can be enjoyed with family and friends and looked back on as a fond memory. What makes an FEC unique is that it is a great experience for everyone; there is no specific age range. Mom and Dad will love it just as much as the kids do.
There’s Always Room for Future Growth
A family entertainment recreation center can open as just an arcade and a mini golf course but can always expand to include a rock climbing wall, go-karts, and laser tag; the possibilities are endless. The more attractions there are, the more business will keep coming. People love the fact that there are a variety of entertainment options all in one location.
FEC’s Are Great for Birthday Parties and Special Events
FEC’s are a huge hit for birthday parties for kids of all ages. Depending on the size and location of the recreation center, hosting as many as 20-30 birthday parties per week is not unusual. There is usually a minimum person count as well, which helps ensure proper income for the amount of preparation needed. Birthday parties and special events held can be a significant amount of the total revenue for a recreation center.
Investing in a Family Entertainment Recreation Center Is Something You Can Feel Good About
FEC’s are good, safe places that everyone can come and enjoy. They allow older children and young teenagers to have a place to hang out that their parents feel comfortable with; at the same time, they bring families together to have a day of fun. Every FEC is different based on location, size, attractions, and competition. To really know the answer to how much one specific recreation center will profit, you would need to do a feasibility study.