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Need business advice/input, Thanks in advance

 
Texas Guitarslinger
User ID: 70014713
United States
07/04/2019 05:34 PM
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Need business advice/input, Thanks in advance
My local Walmart's in store McDonalds closed & was boarded up 3 years ago. My wife & I want to start a business.

My idea was to turn that former McDonald's into an in store Walmart game arcade. While parent's shop their kids can play in the arcade.

Kids today, more than likely have never experienced a video arcade like we did in the 70's & 80's.

What do you guy's think...a good business venture?
MissCleo

User ID: 77082640
United States
07/04/2019 05:36 PM

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Re: Need business advice/input, Thanks in advance
It has to be an approved Walmart business.
Talk to the manager at the Walmart and ask questions.

Have a business plan ready, like all finances and equipment and move in layout, don't go in with just an idea... that is wasting people's time.
Texas Guitarslinger (OP)
User ID: 70014713
United States
07/04/2019 05:38 PM
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Re: Need business advice/input, Thanks in advance
It has to be an approved Walmart business.
Talk to the manager at the Walmart and ask questions.

Have a business plan ready, like all finances and equipment and move in layout, don't go in with just an idea... that is wasting people's time.
 Quoting: MissCleo


Thanks Miss Cleo, I have the specifics worked out, but have yet to put the plan down on paper. My wife is a stellar employee there for 5 years. Thank you for a quick response. I will put a business plan together within the next few days. God bless & Happy Independence Day! :o)
Texas Guitarslinger (OP)
User ID: 70014713
United States
07/04/2019 05:45 PM
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Re: Need business advice/input, Thanks in advance
It has to be an approved Walmart business.
Talk to the manager at the Walmart and ask questions.

Have a business plan ready, like all finances and equipment and move in layout, don't go in with just an idea... that is wasting people's time.
 Quoting: MissCleo


Thanks Miss Cleo, I have the specifics worked out, but have yet to put the plan down on paper. My wife is a stellar employee there for 5 years. Thank you for a quick response. I will put a business plan together within the next few days. God bless & Happy Independence Day! :o)
 Quoting: Texas Guitarslinger 70014713


BTW....my nickname is Wally, so we thought "Wally World Walmart" or something like that....LOLZ
Mental Case

User ID: 77785639
United States
07/04/2019 05:48 PM
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Re: Need business advice/input, Thanks in advance
I would look for an existing arcade & go see how it's doing.

I just saw one I used to go to as a kid & it's still there...I stopped in & it was as dead as a door-nail.

But it was all pin-balls and pool tables...no video games, so that could have been the problem. Who TF plays pinball any more?
If I am going to be damned...I am going to be damned for who I really am!
Mental Case

User ID: 77785639
United States
07/04/2019 05:51 PM
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Re: Need business advice/input, Thanks in advance
I'll bet real games would go over big...like air hockey, or foose ball, or that hockey game under the clear plastic bubble where you push-pull-spin the levers to move the players.
If I am going to be damned...I am going to be damned for who I really am!
Texas Guitarslinger (OP)
User ID: 70014713
United States
07/04/2019 05:56 PM
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Re: Need business advice/input, Thanks in advance
I'll bet real games would go over big...like air hockey, or foose ball, or that hockey game under the clear plastic bubble where you push-pull-spin the levers to move the players.
 Quoting: Mental Case


I was thinking the same as well as the old school games popular in the early to mid 80's.
Texas Guitarslinger (OP)
User ID: 70014713
United States
07/04/2019 05:57 PM
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Re: Need business advice/input, Thanks in advance
I'll bet real games would go over big...like air hockey, or foose ball, or that hockey game under the clear plastic bubble where you push-pull-spin the levers to move the players.
 Quoting: Mental Case


I was thinking the same as well as the old school games popular in the early to mid 80's.
 Quoting: Texas Guitarslinger 70014713


Ping Pong Team/Tournaments
Mental Case

User ID: 77785639
United States
07/04/2019 05:59 PM
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Re: Need business advice/input, Thanks in advance
I love ping-pong...but the table takes up too much space.

Your space will be very limited inside a wallmart.
If I am going to be damned...I am going to be damned for who I really am!
Anonymous Coward
User ID: 76283130
United States
07/04/2019 05:59 PM
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Re: Need business advice/input, Thanks in advance
my hometown turned an old walmart into a surplus 'home depot' type store. sold lumber, carpet, tile, tubs, showers, you name it. they'd sell an aquaglass tub unit that had a small chip along the bottom side lip for a third retail. i saved a fortune renovating a house at that place. has been in business for 25 years now. i wish there was a place like that where i live now.
Texas Guitarslinger (OP)
User ID: 70014713
United States
07/04/2019 06:02 PM
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Re: Need business advice/input, Thanks in advance
my hometown turned an old walmart into a surplus 'home depot' type store. sold lumber, carpet, tile, tubs, showers, you name it. they'd sell an aquaglass tub unit that had a small chip along the bottom side lip for a third retail. i saved a fortune renovating a house at that place. has been in business for 25 years now. i wish there was a place like that where i live now.
 Quoting: Anonymous Coward 76283130


GREAT!
Texas Guitarslinger (OP)
User ID: 70014713
United States
07/04/2019 06:03 PM
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Re: Need business advice/input, Thanks in advance
I love ping-pong...but the table takes up too much space.

Your space will be very limited inside a wallmart.
 Quoting: Mental Case


You are spot on....it is way too small for ping pong air hockey & pool tables....I am trying to figure everything out
Anonymous Coward
User ID: 75501360
United States
07/04/2019 06:03 PM
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Re: Need business advice/input, Thanks in advance
kids wont find it compelling over more than a visit or tso. kids used to play the claw machinez near the entrance but now never see them.

zounds like a bad venture
Anonymous Coward
User ID: 77781136
Poland
07/04/2019 06:09 PM
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Re: Need business advice/input, Thanks in advance
You can't get a job?

Seriously, not trying to be mean.
Mental Case

User ID: 77785639
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07/04/2019 06:09 PM
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Re: Need business advice/input, Thanks in advance
I LOVE the claw machines!!!

I win at them alot & leave all the prizes for the kids. banana2
If I am going to be damned...I am going to be damned for who I really am!
Anonymous Coward
User ID: 77376498
United States
07/04/2019 06:10 PM
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Re: Need business advice/input, Thanks in advance
IMHO: Arcade games "we grewup with are nowhere near as involving as what kids are used to today. I would approach this idea slowly ; probably get more parents in there reliving their childhood playing "space invaders" or "pac man".
Anonymous Coward
User ID: 76766133
United States
07/04/2019 06:23 PM
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Re: Need business advice/input, Thanks in advance
A word of warning / advice: almost every vending machine and arcade game company in every town is controlled by the mob. You cannot have any sort of game establishment unless you "rent" the machines from them.

Someone I knew back in the '70s discovered on a trip foosball. He bought a table and brought it back to town. Talked to a bar owner friend of his and had it installed.

Within a week the bar owner told him he had to remove it. Seems the mob that had all of the other machines put serious pressure on the owner.

Another week later the mob installed their own foosball table.
Anonymous Coward
User ID: 76769677
United States
07/04/2019 11:09 PM
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Re: Need business advice/input, Thanks in advance
I think it's a bad business plan. Most kids have pretty sophisticated video games at home or on the computer that they can play, almost to the point of being addictive games.

Wal-Mart attracts a lot of people, but also a lot of lower income folks that are not apt to give their kid some money to go play video games by themselves. Plus you have the issue with no adults on-site supervising to make sure they don't get in trouble, etc.

If you want to get into this line of work, try laser tag. Kids seem to go to a lot of birthday parties with laser tag, or the bouncy trampolines.
Anonymous Coward
User ID: 75975668
United States
07/04/2019 11:23 PM
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Re: Need business advice/input, Thanks in advance
You’d be better off opening a bar that had a retro arcade game than depending on Walmart customers for your livelihood.

Pervnoff
Mental Case

User ID: 77603257
United States
07/05/2019 11:42 AM
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Re: Need business advice/input, Thanks in advance
Absolutely must have WHACK-A-MOLE banana2
If I am going to be damned...I am going to be damned for who I really am!
Anonymous Coward
User ID: 77289021
United States
07/05/2019 11:43 AM
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Re: Need business advice/input, Thanks in advance
Kids today use their phones too much
Anonymous Coward
User ID: 77289021
United States
07/05/2019 11:44 AM
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Re: Need business advice/input, Thanks in advance
Kids today use their phones too much
 Quoting: Anonymous Coward 77289021


But it still might work

I have no idea really. I cannot predict these things
Anonymous Coward
User ID: 74833774
United States
07/05/2019 11:46 AM
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Re: Need business advice/input, Thanks in advance
My local Walmart's in store McDonalds closed & was boarded up 3 years ago. My wife & I want to start a business.

My idea was to turn that former McDonald's into an in store Walmart game arcade. While parent's shop their kids can play in the arcade.

Kids today, more than likely have never experienced a video arcade like we did in the 70's & 80's.

What do you guy's think...a good business venture?
 Quoting: Texas Guitarslinger 70014713


If Walmart owns the store and sublets the room, then I would propose the idea from an angle that they will collect on rent, revenue stream. Plus it gives the appearance that Walmart is thriving, generating more traffic.

Place your best and flashiest games, lots of sound up front, you want to draw people, but you also want to give the appearance that your shop is where it's at, by virtue of large crowds up front, this generates even more traffic.
Anonymous Coward
User ID: 74833774
United States
07/05/2019 11:48 AM
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Re: Need business advice/input, Thanks in advance
Shit, make it an 80s themed arcade with music, neon, etc. You will draw lots if gen x while their wives shop...
Anonymous Coward
User ID: 77758744
United Kingdom
07/05/2019 11:53 AM
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Re: Need business advice/input, Thanks in advance
If i was you, i would see what the kids are doin? how are they passing time? is there a local movement you want to support, you need to build on what exists. i.e if theres a group of kids who play table tennis, encourage that, you will win on all fronts with this mentality.
Anonymous Coward
User ID: 41173011
United States
07/05/2019 11:58 AM
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Re: Need business advice/input, Thanks in advance
You don't every want to go into business with Walmart....ask some of their vendors works out
ScrumpTheTexanModerator
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07/05/2019 11:59 AM

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Re: Need business advice/input, Thanks in advance
Shit, make it an 80s themed arcade with music, neon, etc. You will draw lots if gen x while their wives shop...
 Quoting: Anonymous Coward 74833774


^ This ^

Centipede, Battlezone, Pac-Man, Joust, Galaga, Space Invaders, Asteroids, etc...

Call it "Rewind".
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Anonymous Coward
User ID: 64698495
United States
07/05/2019 12:00 PM
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Re: Need business advice/input, Thanks in advance
Personally I would not let my kids out of my sight in a place like Wal-mart.


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MissCleo

User ID: 77082640
United States
07/05/2019 12:08 PM

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Re: Need business advice/input, Thanks in advance
I think it's a bad business plan. Most kids have pretty sophisticated video games at home or on the computer that they can play, almost to the point of being addictive games.

Wal-Mart attracts a lot of people, but also a lot of lower income folks that are not apt to give their kid some money to go play video games by themselves. Plus you have the issue with no adults on-site supervising to make sure they don't get in trouble, etc.

If you want to get into this line of work, try laser tag. Kids seem to go to a lot of birthday parties with laser tag, or the bouncy trampolines.
 Quoting: Anonymous Coward 76769677


Agreed. And you have liability if any kid gets hurt.
That becomes really expensive.

Some kid will say he was molested and business is over. Better for parents to babysit their own kids.

A small space for business?
They are going to charge you $2000 a month rent, it's not free. That takes a huge cut into your profits. How many quarters does it take to make $2000?

Massage chairs... there's a business. But then you have to deal with butt juice on chairs.
Men will sit in those things while their wives go shopping for hours, feeding in dollar bills. Add a TV and you are set! They have these in my mall, always filled.
MissCleo

User ID: 77082640
United States
07/05/2019 12:10 PM

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Re: Need business advice/input, Thanks in advance
Shit, make it an 80s themed arcade with music, neon, etc. You will draw lots if gen x while their wives shop...
 Quoting: Anonymous Coward 74833774


^ This ^

Centipede, Battlezone, Pac-Man, Joust, Galaga, Space Invaders, Asteroids, etc...

Call it "Rewind".
 Quoting: ScrumpTheTexan


This is a good idea for adults only.
But then you are paying royalties to the arcade company too. And rental of their machines.

TV with an old western DVD and massage chairs, I'm telling ya.

Call it Wally Lounge.
Crypto-Tard

User ID: 77372940
United States
07/05/2019 12:10 PM

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Re: Need business advice/input, Thanks in advance
I would look for an existing arcade & go see how it's doing.

I just saw one I used to go to as a kid & it's still there...I stopped in & it was as dead as a door-nail.

But it was all pin-balls and pool tables...no video games, so that could have been the problem. Who TF plays pinball any more?
 Quoting: Mental Case


Arcades have been replaced with the phone. That's why you see so many zombies out there.
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.





GLP