PS4 gaming lounge, profitable ?

I am planning to open a high-end PS4 gaming lounge,

As of now have following specs in mind

  1. 40-inch LED
  2. PS4 with two headphones
  3. Two dual-shock controller for each console
  4. 16mbps line for online gaming
  5. LAN Gaming option
  • There’a also one option ringing, keep 5 xbox one and 5 ps4
    I had survey local gaming parlor’s where i did found that, they are generally offering ps3 with 21-inch CRT @ 40 rupee per hour, and they are generally packed through out the day :open_mouth:

Initially i am planning to go for 10 system setup, along with small snack corner :slight_smile:

Needed help from all you smart guyz for pros and cons of it :slight_smile:

Any help will be appreciated

It won’t be commercially viable unless u charge a bomb for it…how much are you planning to charge per hour btw?

planning to charge 50-60 rupee per hour :grinning_face_with_smiling_eyes: (Initially)

Do the math man, won’t be viable.

May be 100 Rs per hour with complimentary coffee or small snack. People will pay for better overall experience. Big screen TVs can be a turn on for many.

2 Likes

Total cost including interiors etc would come to around 15-20L. This is assuming you have your own space.

Assume that all 10 machines are occupied at an average of 10hrs/day. If you charge 50 bucks/hour you would end up making 5000 bucks/day. You’ll take atleast a year or moreto break even and that is not even considering stuff like electricity charges, employee salaries, maintenance etc…

May make sense if you have an empty space just lying around but i don’t think at that price it would be viable in a mall etc…

The following math is working in my mind :slight_smile:

  1. LG LED 42 inch 42LN54000 cost = 21k (got some nice source in company)
  2. PS4 = 26k, getting a nice private deal :grinning_face_with_smiling_eyes:
  3. wireless headphones = 3k
  4. Internet = 4000
  5. Electricity = 2-3 rupee per unit :grinning_face_with_smiling_eyes:
  6. Two satff = 4000x2
  7. Interior = 2 lac approx (60 % is already done)

Damn, contact the source and then i can source one TV for myself :face_with_tongue:

1 Like

Screw the lounge, get in to the electronics business.

Also, how will you source 10TVs at that price? And PS4 for 26k each and that too 5 pieces?

3 Likes

You’re going to pay your staff only 4000?

3 Likes

You know for gaming purpose 42" TV is deal breaker… It will completely ruin the gaming purpose if player seat close to it…

And do you have your own thermal power plant? :open_mouth:
Who gives energy that cheap?

And that 4000 salary is weekly or monthly and if monthly, are you planning to employee beggar as helper…

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Also, isn’t 150bucks a day the minimum guaranteed salary in India or something…legally at least?

private source :grinning_face_with_smiling_eyes: :grinning_face_with_smiling_eyes:

This is the trend here, since cost of living is low

Will 42inch will be really big for gaming ?? , or should i go for 32-inch ??

@4000-6000 salary, we do get really good employees here :slight_smile:

NO

His math sucks obviously…

And if I remember correctly you are currently studying (can be wrong), so how will you get enough time for gaming lounge..

:(:(:(:(:(:(:frowning:


Post merged on Nov 26, 2013

college timing is 6-9 pm :grinning_face_with_smiling_eyes:

*Also please stick to the topic, will it be really profitable or not :frowning:

Oh damn!

This is a thread by being.smart!

You’re famous on these forums dude or infamous would be a more apt word i guess :wink:

1 Like

http://billingsgazette.com/business/lifelong-gamer-opens-business-aimed-at-young-people/article_3154d2fe-501f-5445-a71e-bc1e64510f7f.html

The way I look at it, he could earn more just selling TV’s and ps4’s at the discount he’s getting them at.

1 Like

Discounts are at initial offer, not for long-life offer :(, else would had opened LG Brand shop