How do I estimate start-up costs for an indoor sports complex?
Question: I am currently doing an entrepreneurial project for my final college class. My business will be an indoor sports complex with 6 automated batting cages (baseball and softball), 2 open cages, 1 soccer field, and 1 full size basketball court. My question is, can you give me an idea of what the startup costs of this type of business would be? This would include insurance types, etc. if possible. Thank you. By the way, this site has been very helpful so far in beginning my marketing plan for the business. A+++ Answer: It is time to beat the pavement and put the pedal to the metal. You need to go out and secure competitive quotes from the manufacturers of the equipment in question. And don’t forget to get the costs associated with shipment, installation, maintenance and guarantees. Also you will need to estimate what is the life cycle of the associated items like baseball bats, balls, basketballs, pumps, mats and so forth. As for operating overhead, you need to get a quote for a l