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New Indoor Field? - GTA

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Old December 9th, 2011, 17:54   #31
John Spartan
 
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Brian's business costs are very good. The only thing I can think of adding to that list are the city taxes. That can't be cheap for a building in a commercial zone.
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Old December 9th, 2011, 18:00   #32
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Quote:
Originally Posted by John Spartan View Post
Brian's business costs are very good. The only thing I can think of adding to that list are the city taxes. That can't be cheap for a building in a commercial zone.
plus the cost of running amenities in the facilities such as F&B, the more facilities the more it cost to run
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Old December 9th, 2011, 18:13   #33
Brian McIlmoyle
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Brian, I really appreciate you taking the time to share this model with us. This definitely puts it in perspective. Some questions would be:

1) To what degree can the cost of the real estate be brought down, and how?

2) Do you think US AS-only fields are starting from a money-losing operation and then gradually trying to recover using various other sources of revenue (retail in particular), or do you think they're benefiting from very cheap land? I guess I'm wondering to what degree the field mentioned by the original poster is potentially benefiting from very cheap space.
Most businesses fail within 2 years, due to a flawed model, or under capitalization.

When you start any business you should have sufficient cash reserves that you can run the business with ZERO income for 2 years ..

For the model I presented to be safe , you should start that project with half a million dollars in the bank CASH not credit

and you just may survive long enough to get to a positive cash flow.

Most businesses fail because they finance the start up and expect a positive cash flow on opening .. this really does not happen ..

.. So if there is someone with half a million sitting around , and they don't mind waiting a decade to get it back.. I'm ready to start tomorrow.
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Old December 10th, 2011, 15:13   #34
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If someone had a large storefront already operational. Say online. And they moved in. As well as already having 50+guns ready for rent as well.

I hear xt In Winnipeg only recently started making much of a profit. And it's a small maybe 5000 sqft facility
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Old December 10th, 2011, 17:55   #35
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I can assure Brian is right and I like it! I worked on a project, did a great market study, called insurance, hydro-qc, etc to have a good idea of how to make it profitable. Marketing isn't all. Neophytes tend to think if you spend 100 k$ on publicity then you'll get 200 k$ in return. Even a good concept isn't enough. You have to be devoted and already spare some money BEFORE starting such a big thing.

As I've been told many times by big paintball field owners, start little, test your market, then grow. Retest your market, then grow etc etc etc. If you go too big with an new product/service, risks won't make YOU a good investment. Also, successfulness is 51% of success and 49% of failures. Like the Casino, beat the probability!
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Old December 11th, 2011, 01:23   #36
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1. Already own the land, there is a lot of fallow warehouse space out there , someone owns it.

2. Most places start out loosing money, and continue to , until the owner runs out of money


Quote:
Originally Posted by MaciekA View Post
Brian, I really appreciate you taking the time to share this model with us. This definitely puts it in perspective. Some questions would be:

1) To what degree can the cost of the real estate be brought down, and how?

2) Do you think US AS-only fields are starting from a money-losing operation and then gradually trying to recover using various other sources of revenue (retail in particular), or do you think they're benefiting from very cheap land? I guess I'm wondering to what degree the field mentioned by the original poster is potentially benefiting from very cheap space.
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Old December 11th, 2011, 15:43   #37
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Lands a small cost compared to te building.
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Old December 12th, 2011, 13:56   #38
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Did anyone check this out yesterday?
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Old December 12th, 2011, 14:03   #39
Brian McIlmoyle
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Quote:
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Lands a small cost compared to te building.
I guess I meant already own a large empty heated warehouse

The only reason TTAC3 exists is I already have the space for my other School.
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Old December 14th, 2011, 20:42   #40
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.. and I guess bootstrapping off a related business is how the folks in London are doing it:

http://airsoftcanada.com/showthread.php?t=133890

Wish we could pull this off in TO. I'd be there every week.
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Old December 14th, 2011, 20:46   #41
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..

Wish we could pull this off in TO. I'd be there every week.
that makes 2 of us
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Old December 15th, 2011, 12:41   #42
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So did anyone go to this new site's opening/introduction day? If so what were your impressions?
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Old January 1st, 2012, 22:15   #43
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Any updates?
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Old January 2nd, 2012, 01:16   #44
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according to their post on milsimontario, the Dec 11th event was canceled
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Old January 2nd, 2012, 01:58   #45
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It has yet to open... 3 'grand opening' paintball dates have been cancelled/moved since the original date was posted.
In mid-december an employee of mine drove by the lot... vacant lot with nothing like what the renderings on the website promised.
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