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    Industry dynamics

    Industry dynamics

    THE SAME WORLD, THE SAME LOVE

    Based in Wenzhou, Zhongkai products are exported to more than 80 countries and regions such as Europe, North America and Southeast Asia

    Profit and return of indoor amusement park business

    Time:2021-10-29 13:59:43 View: 92

    The total revenue from the franchise of children's fitness center in 2021 is US $336 million. There are 1123 enterprises in the United States, with an average total franchise revenue of US $299198.58.

    The children's service industry generally sees a good return on investment. More than 30% of households have an annual income between $75000 and $150000. Families with disposable income spend more money on entertainment. Of the total cash used by households for entertainment, 28% was used for the experience in 2015, and this percentage continued to rise.

    The profit margin and return of indoor amusement parks vary according to location, business model and indirect costs. Some businesses use home entertainment centers as their main source of income. For other companies, such as shopping malls and retail stores, indoor amusement parks are an attraction to attract family members. In these cases, amusement parks bring more traffic and income to enterprises.

    Indirect costs are also an important factor in profit and success. If you plan to rent space, the lease you sign will have a significant impact on profits. The rent of large buildings will be higher, and the increased space will allow you to build more scenic spots and accommodate more families at the same time. With the increase of space, you can also rent rooms for birthday parties or fitness courses.

    Commercial rental costs are higher in areas with higher visibility. Families usually find indoor amusement parks through word of mouth and Internet research. Because visitors usually plan ahead, visibility is not so important. Therefore, you can enjoy lower rent in more remote places.

    When you start planning your indoor amusement park, please study your local market to help determine the business cost in your region.

    Profitability requires more than just traffic. It's best to build customer loyalty and increase the time guests stay in your company. New and innovative equipment will make children play longer. Customized facilities and new facilities create a unique attraction.

    You also need to analyze your competitors and discuss how you plan to compete. Other indoor amusement parks in your area may be important competitors. Due to the unique value of the indoor recreation area, people often drive all the way to visit it. Building a in a new city can give families a better experience without driving.

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