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Nice, I'm in Springfield twice a year for meetings with Bass Pro. I'll be by to visit in March!
Pretty much Richyknucklez is the only successful retro arcade with a sustainable business model. God knows how he does it, but he does.
I think it would work, if you did a couple things. First you'd have to have a liqour license, so it would attract more of a crowd during the weekends. Then some sort of food sold there, so the under 21 crowd could go there in the daytime. Then, also setting up events, tournaments, things like that, that draw people in, then you make the money off them in liquor allowing you to stay open.
... and then, when the first rent payment comes around, only 2 of your 4 friends pays anything. Then you end up in court. LOL
Well this popped up in an internet search, so I felt like I had to reply to it.
My name is Devin. My arcade is 1984. You can find us on the web at www.1984arcade.com. This past July we celebrated our 5th year.
I can think of a few models that work...
I had never heard of Richyknucklez before but thanks for mentioning it. Definitely not the only place successful as the thread already mentions.
Besides the ones mentioned a variety of other ones seem to be doing fine. Ground Kontrol in Portland has been around for something like a decade, right? Half that time in their present location with a liquor license.
And Tim Arnold's Pinball Hall of Fame in Vegas (no liquor) just (a year ago) upgraded from a rental space to a 10,000 building they bought. Also, as a non-profit, they raised between x and x they not only survived but donated $54091.17 to charity (I counted up the checks photocopied on: http://www.pinballmuseum.org/donate.php
Partnerships can be tough. Someone always has more time, money, smarts, motivation, different interests or different visions than another and it's a dark road...
I also think on the co-op question that it lends itself to being more practical in some cities than others. You have to get a group of people close enough together to make it work, which usually means a very urban setting, which unfortunately usually means higher monthly cost per square foot.
Sounds like although a group project that there is a captain to the ship...
Thanks for joining us. I see you've had an account for 5 years actually..
Thanks for listing those examples...
I continue to explore the feasibility of opening a living/playable museum. I'm particularly looking at Los Angeles, Pasadena in particular. It's not easy.
I'd also like to create a good list of all these places for posting on the site, both to help people find these great locations, and even to help the locations find each other. I think that sharing what works and what doesn't with each other would be useful to at least some of them.
Let me know what your favorite game is and I will make sure it is on the floor.