Profitability of Game Trucks
Are game trucks profitable? To determine profitability, you should earn more than expenses within months. Maintain records of monthly expenses and income to see if you’re meeting goals.
Features and Services
Do game trucks have VR? The Ultimate Virtual Reality mobile game truck features 4 50-inch screens inside and one outside. It can accommodate up to 18 gamers and supports VR and Xbox One games.
A video game truck is a mobile video game station that comes to your location. It’s equipped with consoles, TVs, and seating. Some have other attractions like laser tag and pool tables.
Game truck businesses averaging 40 parties a month realize $109,000 annual profit with no truck payment. The break even point is 6 parties per month without a loan payment.
Starting Your Own Game Truck Business
Dive into this article to discover how to start a profitable game truck business, transforming your gaming hobby into a thriving entrepreneurial journey.
Mobile game trucks offer a full user experience for gamers of all ages. The gaming community is expanding daily, offering business owners a chance to earn profits. Creating a comprehensive game truck business plan is essential for any entrepreneur looking to start a successful game truck business. The first step is to conduct market research.
Understanding the Costs
Below we have outlined the typical costs of running a game truck:
- Vehicle: Purchase a truck or trailer large enough for your gaming setup.
- Gaming equipment: Purchase gaming consoles, TVs, and other equipment.
- Insurance: Obtain liability insurance for event accidents or injuries.
- Licenses and permits: Secure the necessary legal documents.
- Marketing and advertising: Invest in promotional activities to attract customers.
On average, it costs around $100,000 to start a game truck business.
Franchising Opportunities
Franchisees pay Game Truck a franchise fee of $19,500. There are 53 units of this franchise open today. Depending on your franchise fees and the number of events you book each month, you can expect to make between $75,500 and $95,000 annually.
A game truck franchise requires a startup investment of $95,000. The initial franchise fee is $19,500, and with up to 40 parties a month, factor in the time for business planning.