- Semi-private birthday party and event facility open by appointment only.
- 6,000 to 8,000 square feet located in light industrial zones with lower rents.
- The complete turnkey investment is $120,000.00 to $200,000.00.
- An average Hero's birthday party is $225 for 10-12 kids.
- Hero's is set up to handle up to 2-3 parties per hour with 2-3 party rooms.
- An average of 34 parties per week would result in gross sales of $380,000.00, assuming some parties have additional children as well as other revenue generating services to make up for the reduced number of birthday parties during quieter summer months. It is quite reasonable to see a return on the investment in 18-24 months.
Typical Start-Up Costs
The traditional small family entertainment center typically costs between $500,000 and $1,000,000 to open. Opening a Hero's is much more affordable.
Here's an idea of the initial budget: (estimates vary by market, municipal codes, labor and building costs, and others not mentioned.)
| Hero's Equipment Package |
50,000 |
Hero's License and Training |
30,000 |
| Site Leasehold Improvements |
Varies by location and size ($20 - $25 per square foot) |
| Hero's Sign and Mural Package |
10,000 |
Start-up and Financial Cushion |
30,000 |
Estimate Total |
120,000 + leasholds |
Notes
- Includes basic equipment package to facilitate parties and events. Additional equipment is required for on site food preparation. Additional equipment may be required depending on size of space and number of parties scheduled per hour.
- Includes operations/marketing manuals, marketing pieces, business / marketing plan and training. On-site training is available for an additional charge.
- Leasehold capital requirements change with every location and may be covered entirely by some landlords.
- Includes interior and exterior signs.
- Includes funds for lease deposit, pre-marketing, training and cushion.
- Annual license renwal not shown.
Ready to take the next step? Click Here
Need more information?