In recent years, with the continuous development of children's entertainment projects, more and more people have seen the business opportunities therein. Some people want to invest in opening an children’s indoor playground. So how much does it cost to start an indoor playground?
Playground startup costs:
The startup costs of a children's indoor playground depend on many factors, not only the site rental fee and equipment costs, but also many potential costs.
Space cost:
If you want to start indoor play, you must first find a site. The site cost of opening a children's indoor playground varies depending on factors such as the city, location, and area. Usually, the monthly rent per square foot is about 15-50USD, but in some commercial centers and high-end shopping malls, the rent of the site may be 30-50USD. If it is a playground with an area of 1,000 square feet, the monthly rent is about 30,000-50,000USD.
In addition, a certain deposit and property management fees are required for site rental, which usually adds an additional 10-15% of site expenses.
Permits and business licenses cost:
Before you can start an indoor playground, you will also need to obtain the corresponding permits and business licenses. The general business license registration fee is usually not high, ranging from a few hundred dollars to a few thousand dollars, depending on local regulations. If the playground also contains a play cafe, you will also need to obtain the corresponding food business license.
Equipment cost:
Children’s indoor playground equipment cost varies depending on the type, specifications and quality of the equipment. Usually, the price per square foot is 7-15USD. If it needs to be customized, the price will be more expensive. The price of a small children’s park will be when the budget is not high, while a large children’s indoor playground can accommodate more children to play together.
Installation cost:
The installation cost of a children's indoor playground will be affected by many factors, including the size of the venue, the complexity of the equipment, the difficulty of installation, etc. You not only need to pay for the workers to install, but also the cost of the site preparation. You need to prepare the playground floor, and the cost of laying the floor may be more than 3,000 USD. And some large equipment is more difficult to install and the installation cost will be higher.
Insurance costs:
The safety of children's indoor playgrounds is of vital importance. When operating a playground business, you need to purchase commercial insurance. Generally speaking, the annual cost of commercial insurance for children's indoor playgrounds ranges from several thousand dollars to tens of thousands of dollars. If it is a small playground (100-200 square meters), the annual insurance cost may be around 2000-5000 dollars.
Operating costs：
The operation of a children’s play centre is also a big expense. You need to train your staff and recruit experienced amusement equipment maintenance personnel, and the monthly salary may be between $3,000 and $5,000. In addition, the lighting, air conditioning and operation of the amusement equipment in the amusement park all consume water and electricity, and the monthly water and electricity bill may be around $1,500 to $3,000. The cost may be higher during the peak electricity consumption periods in summer and winter.
Marketing costs:
If you want to expand the popularity of your indoor play parks, you need to promote marketing, design and print flyers, and distribute them in places with high traffic such as nearby schools and shopping malls. And you can cooperate with surrounding businesses and communities to hold events, such as joint promotions, parent-child activities, etc. The cost of venue layout and materials for each event may be around $1,000-3,000.
The above start indoor playground business cost is just a rough range. The actual cost may vary depending on the space and scale of the playground. Although it is a risky investment to open an indoor playground, it can bring you a lot of income with reasonable planning. Our products can be customized according to customer needs, and the price will vary according to the size and customization of the playground, and we can provide customers with competitive prices. If you want to open a children's indoor playground, you should make a reasonable budget and adjustment based on your actual situation.
