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Is it possible to start a chess club business and make a profit?
- Yes, it will. The chess club is an institution that is in demand right now. Many parents are involved in sports clubs from an early age.
The starting costs you will have to start this business are:
- Table and chairs 10 - $ 250
- 10 chessboards - $ 50 (it is cheaper to draw squares on the table)
- Large chessboard hanging on the wall - $ 50
- Extra - $ 50
Monthly expenses:
- Advertising - $ 150
- Monthly per teacher - $ 150
- Building rent - $ 200
- Unexpected expenses, teacher bonus - $ 100
Monthly income:
- Between days - 20 children, 40 per month
- From $ 20 each, for a total of $ 800
- Net profit is around $ 200
- The payback period of the business is 3-4 months