What will it cost to start a GatSplat Paintball Field?
There are many elements that go into the cost – so lets jump in and take a look at some of the potential costs.
NOTE: You should not base your decision on these numbers, as they are wide ranging costs that can vary greatly dependent on your particular location.
This can be one of the biggest costs in starting a GatSplat model. The size of the facility can vary, and with different areas of the country, the cost of even the same size building can also vary by a lot. A good starting size would be approximately 17,000 square feet. But a smaller version could be housed in a 12,000 foot area, and we have a location that stretches over 26,000 square feet.
If you look at two of our existing buildings, the top one was a ground up construction project adjacent to a high school, with a building cost well over 1.5 million dollars. The other location was a remodel of an existing warehouse building that was available for lease for under $8,000 a month or for sale for less than half of the building above, even though it was actually slightly larger.
Whether you are going to rent or purchase – you will want to keep your monthly overhead as low as possible. A monthly rent or mortgage payment of $5,000 – $10,000 depending on the size would be reasonable. Include in your calculations several months payments while setting up the business and any deposits or down payments required above the monthly rent or mortgage.
Basic Building Finish Out
As an example, if you purchase an old warehouse, you might need to add air conditioning, update parking or remodel the restrooms. If however you are moving into an old grocery store, these items might not be needed. But assuming you have a usable, air conditioned, sufficient parking facility, then you just need internal finish out.
Lets assume a gutted 17,000 square foot building that has all the basics of AC, parking, etc, but needs the internal finish out and all equipment. You will see we are giving some highs and lows. Maybe you have some existing tables, or found a good deal on some used ones. Maybe the location already has carpet in what will be the lobby area, etc. Maybe to keep your costs low in the beginning, you are going to install used turf yourself instead of professionally installed new turf. A lot of factors can go into deciding where to spend money, and where to cut costs.
These numbers are not hard and fast calculations, but listed to help you understand items that might go into a facility.
|Franchise or License||$7,500||$7,500|
|Computers (pos, waivers)||$5,000||$0|
|Glass Wall or Window||$32,000||$500|
You can see from these numbers, there is a huge variation on what the costs might be to start a business like this. How much you spend will be determined by many factors including how much “DIY” you want to do. Also, if you are in an area where there is a lot of competition for spending of discretionary income on entertainment, you might have to spend more to compete with the existing businesses, while if in an area with very little competition, it would not take as much finish out to still grab enough of the market to start a solid business.
It is also very possible to start out with a lower budget, then “grow into the business” over time. A wise man once told me, You will get 1000 chances to under expand your business. You get to over expand it once.