End of year update. We are on solid ground once again. $3-4K a week on a steady basis. Parties have come back finally. Still haven’t caught up to the $6K a week we did in January 2020 when it looked like a breakout year was imminent. But we’ve pared down our expenses so much that it’s all the same. Amazing how a business crash forces one to reassess how we spend money.
Given decent revenue I have started buying again, Godzilla being the latest. Adding a few EM non pins to the collection as well to round it out. But we are at capacity space wise so if one comes in another goes out.
I continue to be surprised by the ongoing collateral fallout from the pandemic. Businesses I thought were solid were not, and still went down. And I am still waiting for lots of unoccupied spaces to open with new businesses.
I want to be clear that we probably lost $75K total 2020, maybe net $10K positive 2021. Doesn’t show on the books as we liquidated machines to make up the difference. Kinda mad given that I seemed to have sold at the bottom of the pin market but oh well. I didn’t need another 30 pins in storage doing nothing anyway. Also we faced a very special situation where I just had to pay employees, rent, and insurance. If I had to draw income from this we would have closed. So my experience is definitely a your mileage may vary lens to view all of this.
We still have both our ventilation and mask measures in place. We had some pushback early on with reinstating masks but with COVID numbers crossing the 200K a day realm nobody is complaining much now. We probably benefit from being one of the safest places you can go indoors. I was a little worried we would see either decreased attendance or some new shutdown but I think a world weariness has set in with an acceptance this is endemic like the flu at this point. All I can do now is my best to provide a reasonably safe place to go indoors during the winter.
The goal will be to end masks probably about March when this terrible wave ends. Some models project a large rise and then crash in numbers late January.
I have given my employees the option to close during these ridiculously high COVID numbers, but the comment back is that it’s probably safer in the arcade than around family at this point. That’s probably true.
Anyway, it’s been an interesting ride. Glad we made it out the other side. I am sure challenges still lay ahead as we see if we can grow this business. I never counted on riches from opening an arcade, but it would be nice after 3 years to at least see a dime. Maybe this year, maybe not.