$2 Million of Fun: Big Margins in Play Centers

Because he's basically local to you. You guys are in the same market. Is that not going to be a conflict at some point?

He we're talking LA. LA's enormous, right? So maybe that's the answer.

So I think it's really more of a, hey, I'm thinking about this location and then it's like kind of okay, sounds great.

I'll, I'll, I kind of respect that. That's the location you're, you're going for now. I'm not going to try to step on your toes.

And I think a lot of instances he just doesn't have the bandwidth or the time to go, especially because they're starting to get more remote. Like he opened up one in Victorville and that's like on the way to Vegas, you know, that's like, it's pretty far. And I think just being able to him.

And then he also often works with an operating partner who, when he launches these. And so if he doesn't have somebody in the local area, that's also less attractive to him. Great. Daniel.

And then share with us a little bit about how you're paying yourself here because you mentioned at the top you were doing really well in your career in the entertainment industry. So we imagine that you left a lot of money or a lot of kind of salary to go off and do this. How are you thinking about your personal finances with respect to this project?

I'm currently working probably, I would say half time. Well, I mean for this first month of ownership, I've been working full time.

I've been going down there five to six times a week while I'm. And, and there's been a lot of, you know, just more of the transitionary, transitioning the operations, the, the knowledge transfer and more of that, but in a steady state. I anticipate it'd be more of a halftime requirement.

My managers will manage the day to day operations. I'm, I'm available. I'll be kind of shifting more to working on the business, to looking to open a second location. However, it does open me up to be able to do, continue to do consulting, which I've been doing for the last few years.

So that's how I'm able to make the, the economics work. So you're not taking much, you're not paying yourself much. I'm pay, I'm paying myself.