Exactly what will the funds be used for?
General funding, for the lease, for a PRIVATE club. Or did I miss something? So a paid membership gets one a key-fob to enter the "club" pay to play the games. Do you have a bill changer to supply quarters or tokens? What sort of staff will be there to fix problems like stuck balls or machine malfunctions?
Tilt Pinball was an Arcade open to the public, now closed. Sounds like it was not a profitable venture for the previous owners because there was not enough public interest aka players. And now a $45 annual fee will make the difference in profitability? Do you expect walk in traffic to sign up at $45 per person?
All the arcades I went to never had an annual membership fee or cover charge to get in the door. Except, Cedar Point the amusement park.
I know the major football universities now sell you a "license" just so you can buy tickets to their football games. An end around play to increase ticket prices. They can do it because the fans, short for fanatics, are willing to pay.