$2 Million of Fun: Big Margins in Play Centers

And it's consistently, you know they consistently raise it versus other markets probably not as much of an issue. So that's really the makeup of the, of, of the, of the staff. And I think you're okay.

What if you paid more and could you get kind of better, you know, like more, I don't know, better educated, whatever. You know, how you want to describe it. I, I, I then question would that be a job that's interesting for that person?

And you mentioned managers, you mentioned how the previous owners, this brother in law and sister in law of the founder of all of Candyland were in it sounds like they were owner operators. Yes. So, so what is the entire kind of of a single center to, to operate it? What does the entire org chart look like?

How many minimum wage at the bottom and then go up the, up the chain?

Yeah, we, during the, if you, when the calculation of the SD of these businesses they had included a kind of like a negative add back for, for a second manager being cognizant that any buyer would have to replace what the owner was doing. Yeah so that's something I, I also really appreciated when we're, we're coming down like the valuation of the business. And and so what I, I came in, I hired…

I hired a second manager. And then, and then I'm going to have likely. I think what I'm going to have to have is an assistant manager who could kind of backfill because I need the two managers to cover all hours operation.

It's a Monday to Sunday operation and. But if one calls in sick or one goes on vacation or one quits or. I like having this assistant manager who's been there for a while now to backfill those roles.

And then there's about 12 staff total. They're effectively all part time. I think the most hours any of them work are 35 hours a week.

And some only work on the weekends. Like classic. Like if they're a senior in high school, they're only working Saturdays and Sundays, for instance.

Yeah. And so, okay, so two managers, an assistant manager and 12 staff. But not all of those people present in the business at any given moment. You need two managers and what, like six to eight? Six to eight of the other folks?

Yeah. And on any given shift there's typically at least six staff members in addition to the managers. Yeah. One thing I meant to ask at the top, that would seem to be kind of a reason why you might stay away from a business like this. Liability.