If you owned a shop........
#21
Nontypical Buck
Join Date: Dec 2003
Posts: 3,913
RE: If you owned a shop........
We specialize in commercial insurance. 1 million of liabilty is not very much at all when you consider the risks involved of having people shooting bows indoors. I insured a local archery shop in October with a range and his annual rates were about half what Joshquoted for a monthly premium.
I agree with GMMAT,no indoor range doesn't make much sense business wise. Thats like selling bowling shoes, gloves and balls....yetnot having a bowling alley.Customers (especially archery folks) will drive a long distance to go to a good shop/range. I know I do....45 minutes, but he has an indoor range, pop up 3d, and a DART system. Worth the trip IMO.
I agree with GMMAT,no indoor range doesn't make much sense business wise. Thats like selling bowling shoes, gloves and balls....yetnot having a bowling alley.Customers (especially archery folks) will drive a long distance to go to a good shop/range. I know I do....45 minutes, but he has an indoor range, pop up 3d, and a DART system. Worth the trip IMO.
#22
RE: If you owned a shop........
I guess I'm trying to understand how it could COST money and not MAKE money.
The numbers don't lie.
I can guaranee you my shop has 30 guys on the range plan per year. That's $4,500 a year to replace cores.....run the lights....pay the help.
Have shoots only one night a week.....and charge an extra fee for these shoots.....and you HAVE to make money. You're spending $1K in replacement cores. If the guy makes $10/hr.....3 extra hours a week......throw in labor burden and let's say it costs you $50 a week extra in wages (TOPS!). That's $2K in extra wages.
So....you're now at $3,500 in expenses (with $4,500 tendered)....and you haven't even accounted for a single dollar in entry fees.
Nope....I'm calling lazy.
The numbers don't lie.
I can guaranee you my shop has 30 guys on the range plan per year. That's $4,500 a year to replace cores.....run the lights....pay the help.
Have shoots only one night a week.....and charge an extra fee for these shoots.....and you HAVE to make money. You're spending $1K in replacement cores. If the guy makes $10/hr.....3 extra hours a week......throw in labor burden and let's say it costs you $50 a week extra in wages (TOPS!). That's $2K in extra wages.
So....you're now at $3,500 in expenses (with $4,500 tendered)....and you haven't even accounted for a single dollar in entry fees.
Nope....I'm calling lazy.
Open one up and let us know what you find out. Sure the numbers add up to make money, but is the amount of money you make worth hassle you go through? I mean, I could work at McDonalds at night after my regular full time job and make money......but is the $5.75 an hour worth the extra work? Call in lazy, buy my off time is worth more than $5.75/hour. Call it lazy, but my wife is worth more than $5.75/hour. Call in lazy, but my other hobbies are worth more than $5.75/hour.
So until one has ran this type of business for a minimum of 5 years to see what the actual income earned is in comparison to what it is worth, I don't think anyone can get off calling someone else lazy. For those who have an open shop, we will just call them a bigger money-w*ore...which is fine.
#24
RE: If you owned a shop........
ORIGINAL: GMMAT
Let's look at it this way.....
I pay $150 a year for the ability to shoot unlimited at my shop (used to). There are 20 targets in there....and let's say the cores need replacing every year.
So......dealer cost on a core....let's say is $50. So.....I'm paying for 3 new cores a year. you get 7 guys on the "range plan".....and the cost of replacing cores is a moot point.
Now.....add in the fees garnered from entry fees (everybody's gotta pay to play).....and let's figure you get 20 guys per shoot. Pay out 1/2 in gift cert's.....and you're getting an additional 160 (3 cores) every shoot. Have just ONE of these a month......for the 9 non-deer-hunting months.........and you've got enough to pay your help for the extra hours.
Let's also assume that there are more than 7 of us paying range fees.....PLUS what you charge the non range plan guys to shoot a round of 3D ($12).....and the light bills aren't an issue.......and you're actually making money on your range.
This is before the first person buys something.
I call the lack of having these shoots.....nothing short of lazy....and no less than a poor business decision.
Let's look at it this way.....
I pay $150 a year for the ability to shoot unlimited at my shop (used to). There are 20 targets in there....and let's say the cores need replacing every year.
So......dealer cost on a core....let's say is $50. So.....I'm paying for 3 new cores a year. you get 7 guys on the "range plan".....and the cost of replacing cores is a moot point.
Now.....add in the fees garnered from entry fees (everybody's gotta pay to play).....and let's figure you get 20 guys per shoot. Pay out 1/2 in gift cert's.....and you're getting an additional 160 (3 cores) every shoot. Have just ONE of these a month......for the 9 non-deer-hunting months.........and you've got enough to pay your help for the extra hours.
Let's also assume that there are more than 7 of us paying range fees.....PLUS what you charge the non range plan guys to shoot a round of 3D ($12).....and the light bills aren't an issue.......and you're actually making money on your range.
This is before the first person buys something.
I call the lack of having these shoots.....nothing short of lazy....and no less than a poor business decision.
Pro-Shops are not easy to make money like they used to be (which wasn't good to begin with). Much more "Big Box" competition out there andmost of them have a range to shoot at: Gander Mtn., Cabela's, Bass Pro, etc...It's getting harder and harder just to get people in the door.
If a 3D/target range made the money you think it would, there would be a 3D range in every shop.
#25
Giant Nontypical
Join Date: Dec 2006
Location: Heaven is my home, temporarily residing in WNY :)
Posts: 6,679
RE: If you owned a shop........
Jeff, I totally agree with you .... it's nuts to me .... the more you're open to leagues and for business, the more the oportunity to make sales and gain customers ...... I'll tell you what it is ... they lost their love for the sport .... I would love Dave Steve (Buellahunter?) to comment here ... he opened up Double Lung Archery last year .....
#26
RE: If you owned a shop........
Why would you need to hire more employees?
Let's use my shop, for example. His hours are:
Mon. - 11-6
Tues. - 11-6
Wed. - Closed
Thurs. - 11-6
Fri. - 11-6
Sat. - 10-2
Sun. - Closed
If you're only open 32 hours a week....why in the world would you need to hire extra part-time help?
I guess if you look at opening the doors of the businessYOU CHOSE TO MAKE A LIVING ATas a"hassle"....then"No"....I don't suppose it would be worth it.
And who says we're talking about my shop owner's time???? I'm SURE there's someone who thinks the money they're getting paid to be ther eis "worth it".....or they wouldn't have taken that job.
Right on, PT. You nailed that one.
Let's use my shop, for example. His hours are:
Mon. - 11-6
Tues. - 11-6
Wed. - Closed
Thurs. - 11-6
Fri. - 11-6
Sat. - 10-2
Sun. - Closed
If you're only open 32 hours a week....why in the world would you need to hire extra part-time help?
Sure the numbers add up to make money, but is the amount of money you make worth hassle you go through?
And who says we're talking about my shop owner's time???? I'm SURE there's someone who thinks the money they're getting paid to be ther eis "worth it".....or they wouldn't have taken that job.
Jeff, I totally agree with you .... it's nuts to me .... the more you're open to leagues and for business, the more the oportunity to make sales and gain customers ...... I'll tell you what it is ... they lost their love for the sport .... I would love Dave Steve (Buellahunter?) to comment here ... he opened up Double Lung Archery last year .....
#27
RE: If you owned a shop........
The "local" shop I do my shooting at makes a KILLING on indoor shooting... He runs a 12 week league with 40 some guys plus MANY guys who shoot it not in the league (more non leaguers than leaguers)... 3D is thurs-sun... He has another paper animal league mon-wed with quite a few guys shooting it.... Not sure on the numbers though....
His range is almost always busy.....
*Edit* with the heavy shooting on his 3d targets, he still only replaces the cores once per year.... They do have 2 sides and all He has 15 targets... you shoot each one twice for 30 shots.
His range is almost always busy.....
*Edit* with the heavy shooting on his 3d targets, he still only replaces the cores once per year.... They do have 2 sides and all He has 15 targets... you shoot each one twice for 30 shots.
#28
RE: If you owned a shop........
ORIGINAL: GMMAT
I guess I'm trying to understand how it could COST money and not MAKE money.
The numbers don't lie.
I can guaranee you my shop has 30 guys on the range plan per year. That's $4,500 a year to replace cores.....run the lights....pay the help.
Have shoots only one night a week.....and charge an extra fee for these shoots.....and you HAVE to make money. You're spending $1K in replacement cores. If the guy makes $10/hr.....3 extra hours a week......throw in labor burden and let's say it costs you $50 a week extra in wages (TOPS!). That's $2K in extra wages.
So....you're now at $3,500 in expenses (with $4,500 tendered)....and you haven't even accounted for a single dollar in entry fees.
Nope....I'm calling lazy.
I guess I'm trying to understand how it could COST money and not MAKE money.
The numbers don't lie.
I can guaranee you my shop has 30 guys on the range plan per year. That's $4,500 a year to replace cores.....run the lights....pay the help.
Have shoots only one night a week.....and charge an extra fee for these shoots.....and you HAVE to make money. You're spending $1K in replacement cores. If the guy makes $10/hr.....3 extra hours a week......throw in labor burden and let's say it costs you $50 a week extra in wages (TOPS!). That's $2K in extra wages.
So....you're now at $3,500 in expenses (with $4,500 tendered)....and you haven't even accounted for a single dollar in entry fees.
Nope....I'm calling lazy.
#30
Giant Nontypical
Join Date: Dec 2006
Location: Heaven is my home, temporarily residing in WNY :)
Posts: 6,679
RE: If you owned a shop........
ORIGINAL: BigJ71
You wouldn't get anyone to come work for $4,500.00 a year....not reliable help that's for sure.Also, depending on the size of the range it would cost you about $1,000.00 a month to heat and light it, add in the cost of the targets, range maintenance, hell even the bathroom supplies would triple. There is WAY more to it than you are figuring. Take it from someone who runs a business, employee's cost a lot more money than what you pay them. You can add another 25% to their wages (depending on what health insurance you provide) after Uncle Sam takes his share.
ORIGINAL: GMMAT
I guess I'm trying to understand how it could COST money and not MAKE money.
The numbers don't lie.
I can guaranee you my shop has 30 guys on the range plan per year. That's $4,500 a year to replace cores.....run the lights....pay the help.
Have shoots only one night a week.....and charge an extra fee for these shoots.....and you HAVE to make money. You're spending $1K in replacement cores. If the guy makes $10/hr.....3 extra hours a week......throw in labor burden and let's say it costs you $50 a week extra in wages (TOPS!). That's $2K in extra wages.
So....you're now at $3,500 in expenses (with $4,500 tendered)....and you haven't even accounted for a single dollar in entry fees.
Nope....I'm calling lazy.
I guess I'm trying to understand how it could COST money and not MAKE money.
The numbers don't lie.
I can guaranee you my shop has 30 guys on the range plan per year. That's $4,500 a year to replace cores.....run the lights....pay the help.
Have shoots only one night a week.....and charge an extra fee for these shoots.....and you HAVE to make money. You're spending $1K in replacement cores. If the guy makes $10/hr.....3 extra hours a week......throw in labor burden and let's say it costs you $50 a week extra in wages (TOPS!). That's $2K in extra wages.
So....you're now at $3,500 in expenses (with $4,500 tendered)....and you haven't even accounted for a single dollar in entry fees.
Nope....I'm calling lazy.