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Nairaland Forum / Nairaland / General / Romance / I Want To Open Football Viewing Center. Budget 500k (1636 Views)
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I Want To Open Football Viewing Center. Budget 500k by Goodlyhrt(m): 8:35pm On Sep 14 |
I want to start up a sports viewing centre in my area. Budget is 500k. I want help and insights how to go about it; DStv subscription or other alternative, general advice, for at least 50 viewers. Your inputs will be appreciated. Thanks! 1 Like |
Re: I Want To Open Football Viewing Center. Budget 500k by onome25(m): 8:39pm On Sep 14 |
Goodlyhrt:Well let me help U... I ran football viewing center from 2008 or 2009 to 2015 |
Re: I Want To Open Football Viewing Center. Budget 500k by Goodlyhrt(m): 8:40pm On Sep 14 |
onome25:Ok.. how do I go about it sir? Any alternative to DStv as their package price is scary |
Re: I Want To Open Football Viewing Center. Budget 500k by EreluRoz: 8:41pm On Sep 14 |
Give me the money e get one hair wey I Dy eye 8 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by onome25(m): 8:50pm On Sep 14 |
Now it depends on how many view ( TVs ) U want to use Then we use to use small screen but things have really changed alot. If U must manage, 40inch plasma or led TV is preferable( Belgium ) But 50inch is a bit better These TV will mostly consume that Ur 500k with U . Then U will need a generator but with d current price of fuel, it's gonna be financially constraining on Ur part. Had it bin U have d capital, I will advice U to use solar.. U can use solar with out panel , I mean get a big battery of 100 v with at least 1 to 1.5 KVA inverter . Benches will also consume U financially because woods are expensive now. Fans , wires etc . How about rentage, or are U building on an empty land? Hmmmmmm tight Ur belt ooo With what I enlisted here , the minimum U will spent is 1million. & The near maximum U will spend is 1.5 million.... U can use this SLTV DECODER rather than DSTV. atleast they are trying & it will save U cost.... Wish U well🙏 3 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by Goodlyhrt(m): 8:51pm On Sep 14 |
EreluRoz:500k just for hair ehn fine girl Women ehn. I still love una sha but una no go fit kill me 🤧 1 Like |
Re: I Want To Open Football Viewing Center. Budget 500k by EreluRoz: 8:53pm On Sep 14 |
Goodlyhrt:There's one of four million that caught my eyes 3 Likes 1 Share |
Re: I Want To Open Football Viewing Center. Budget 500k by onome25(m): 8:54pm On Sep 14 |
Goodlyhrt:SLTV DECODER IS GOOD TOO. 5K PER MONTH. |
Re: I Want To Open Football Viewing Center. Budget 500k by onome25(m): 8:56pm On Sep 14 |
EreluRoz:Come don't be a distractor to this young man.... Go & live that Ur fake life in sambisa forest😡 15 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by Goodlyhrt(m): 8:59pm On Sep 14 |
onome25:Hope it is reliable sha |
Re: I Want To Open Football Viewing Center. Budget 500k by onome25(m): 9:00pm On Sep 14 |
Goodlyhrt:Pls do Ur research ok |
Re: I Want To Open Football Viewing Center. Budget 500k by Goodlyhrt(m): 9:01pm On Sep 14 |
onome25:Omo |
Re: I Want To Open Football Viewing Center. Budget 500k by PerfectStranger(m): 9:05pm On Sep 14 |
Goodlyhrt:You're looking for advice on something serious and yet responding to unserious persons 21 Likes 3 Shares |
Re: I Want To Open Football Viewing Center. Budget 500k by Nazgul: 9:21pm On Sep 14 |
Goodlyhrt:Viewing center era just like cyber Cafe era, has longed passed. These days there are so many apps where you can easily stream live matches on your phone or laptop for free. (I even have one on my phone) So you won't be getting so much customers. And when you add the current price of fuel, you'll be needing at least 7k (minus Nepa bill) every match day to keep your Gen running. Question is how much would you charge your customers? Cos anything above N200 would be considered as too expensive. And if you put your fee at N500, the place would be so scanty. Most people would wait out the first half and come in when the second half has started so that they can pay a more cheaper amount. And I don't need to tell you that this would affect your business seriously thus making it impossible for you to raise your principal after one year. (that's if the business survives up to a year) These days what people do is to set up a bar, buy DStv or GOtv and show all live matches. This way customers coming in would feel more comfortable. They can easily order for drinks, pepper soup, nkwobi... Etc whilst watching their favorite team in the comfortable bar. If you can increase your principal to 1.5-2m I'll advise you to set up a bar/viewing centre . You'll definitely make more money from it than from a stand alone viewing center. 16 Likes 3 Shares |
Re: I Want To Open Football Viewing Center. Budget 500k by Goodlyhrt(m): 9:26pm On Sep 14 |
Nazgul:But people still paying top dollar to go see their teams in the stadium. I mean some people don't like watching football matches alone; I for one find it boring and the apps consume data. I don't buy this sir, sorry! Of course I don't have such outlay of cash to put up such a place ie bar/viewing center but i think a stand alone viewing center will sell in my area. Thank you for your input though. Much love ✌️ 4 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by Nazgul: 9:46pm On Sep 14 |
Goodlyhrt:Can you compare a stadium where you'd get to watch your team play live to a make shift bacher where you arrange benches for people to sit on? Or are your targeted customers children and teenagers? People truly spend thousands to watch their favorite team play like you pointed out, but if those are the kind of customers you're targeting, they don't come to bachers. They love comfort. And if your place isn't comfortable, you won't find them there. I'm not trying to discourage you, I'm trying to be real with you by giving you a realistic analysis of what you're to expect in the business. Because even I myself I do hangout in bars on some weekends with friends to watch my favorite team. And to be honest with you, I don't think I can squeeze myself in a viewing center sweating like a bricklayer just to watch ball. I'd rather watch it from the comfort of my home. The way you package your business determines the kind of customers you'll get. That's why you can open a saloon and charge N500 for a haircut and another saloon would charge 5k for the same hair cut. And you'd discover that you that is charging N500 even though it's cheap, you're literally struggling to keep your business afloat. Whereas the person charging 5k is living like a king. It's all about your packaging. 10 Likes 2 Shares |
Re: I Want To Open Football Viewing Center. Budget 500k by chatinent: 9:49pm On Sep 14 |
EreluRoz: Funny joke. 1 Like 1 Share |
Re: I Want To Open Football Viewing Center. Budget 500k by TruthsFM: 9:52pm On Sep 14 |
Nazgul:best advice here 1 Like |
Re: I Want To Open Football Viewing Center. Budget 500k by Pat081: 9:54pm On Sep 14 |
Goodlyhrt:Bros that is not in Nigeria use your money for something east 500k can not do anything at of Nigeria of today |
Re: I Want To Open Football Viewing Center. Budget 500k by Pat081: 9:57pm On Sep 14 |
Nazgul:good talks, how many viewing center use to full again like many yreas back he should use his money for something good 1 Like |
Re: I Want To Open Football Viewing Center. Budget 500k by SocialJustice: 10:15pm On Sep 14 |
Goodlyhrt:Your capital is not enough, don't start then get stuck. |
Re: I Want To Open Football Viewing Center. Budget 500k by Nicepoker(m): 10:48pm On Sep 14 |
EreluRoz:500k hair for head wey sense no de inside? 4 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by stacyadams: 1:19am On Sep 15 |
Goodlyhrt: Think am well sha,,most people dey use live score or use data watch football. |
Re: I Want To Open Football Viewing Center. Budget 500k by elpochas: 2:50am On Sep 15 |
Bros reason am well ooo,The Era of Viewing Centers is gradually Phasing out ooo.Just as Bet9ja Phased out Video game hall,same as cyber cafe and so many little other Bizness.So Apps now show matches and due to the situation of tinz in the Country most people now prefer to watch on there Phones.I can't Remember the last time I payed money to watch a Football match.Just don't waste dt 500k.Tink of something better and more Lucrative u can start with dt Capital. 3 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by Gadafii: 3:23am On Sep 15 |
Better make you us that 500k set up POS stand than viewing centre |
Re: I Want To Open Football Viewing Center. Budget 500k by emmy4real94(m): 5:08am On Sep 15 |
Better use the capital to start up a berbing saloon! |
Re: I Want To Open Football Viewing Center. Budget 500k by CarlosTheJackal: 6:18am On Sep 15 |
Nazgul:He has told you his Capital outlay which is 500k and your advice should be tailored towards him maximizing the principal. Secondly, there are some areas where viewing centre is still a money spinner because of the camaraderie there. He seems to reside in such area and so he is working on doing such business. To the Op, stand strong and sift through the comments to find solutions to your challenge and work towards your idea. If you believe and keep faith, your business won't fail as long as you are committed to it 2 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by femi4: 6:41am On Sep 15 |
Goodlyhrt:Don't do it. It's no longer lucrative cos fuel price will continue to rise 1 Like 1 Share |
Re: I Want To Open Football Viewing Center. Budget 500k by franugo(m): 7:18am On Sep 15 |
CarlosTheJackal: That's not how business works pls, it doesn't succeed just cause you're committed. A bad product/venture, no matter the commitment from the owners, will fail. I'm not going to advise the op cause so many smart people have already done that but seems he's dead set on opening the viewing center. I hope it works for him tho, we need more stories of success to dim this quagmire the country has thrown us into. 3 Likes |
Re: I Want To Open Football Viewing Center. Budget 500k by Verydarkhearted: 7:20am On Sep 15 |
Right now viewing centers charge 300-500 per match and if you check you can buy 1.5g or more with that amount of money so people prefer to watch matches on their phones now. I’ll advice you use that money to start something else even if it’s POs business you can open two road side POs with that money or even three sef depends. Leave Viewing center it will end in tears. And now fuel price no be here. Imagine how much you will spend on fuel daily and how much you will make in an era of smartphones. I for one I only follow live scores and the watch highlights later. 1 Like |
Re: I Want To Open Football Viewing Center. Budget 500k by Gabkan7: 7:21am On Sep 15 |
Dstv is more preferably |
Re: I Want To Open Football Viewing Center. Budget 500k by OlawaleBammie: 8:00am On Sep 15 |
Goodlyhrt:500k no go reach. TV at least two will take up like 150k each. Generator will take up at least 350k Dstv and its installation nko?? We never talk about rent, don't even mention kpako 3 Likes |
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