If you want to get into the entertainment industry, there are a variety of possible Entertainment company ideas to fit a variety of experiences and interests. everything from entertainment to speciality sports (and everything in between).
Find your ideal concept from our selected list, and you’ll be well on your way to starting your own Entertainment company!
Top 2022 Entertainment Companies
We’ve compiled a list of our top Entertainment business ideas and rated them based on starting costs, necessary skill level, and income potential to assist you in finding the ideal entertainment company idea for you.
1. ARCHERY SPACE
Archery has grown in popularity in recent years, particularly among families. If you have prior expertise with the sport or just love being outside, you may want to explore starting an archery range. Specialized training and experience are not required, although understanding of the sport will give you a significant advantage.
The price of starting a business might vary greatly based on your region and setup. The land will be your most expensive expense, followed by insurance and equipment, so if you already own a suitable site, this will significantly reduce your expenditures. This firm has a pretty high earning potential with the correct location and some effective promotion. Most firms may earn between $20 and $50,000 in their first year, with the potential to grow to six figures.
2. ARCADE
If you prefer noisy, chaotic, and fast-paced work environments and have a passion for arcade games, an arcade company might be a wonderful fit for you. While no formal schooling is necessary, you will need excellent interpersonal skills as well as commercial acumen. Mechanical expertise for repairing and maintaining games may help you save money on overhead.
Startup expenses are high since you’ll need a big area and a diverse selection of arcade games before you launch. The price might vary from $250,000 to $1 million. Regardless, depending on your company concept, your income potential is significant. Each game has the potential to generate $10,000 every year. This sector is sustainable and has significant development potential if the correct location, target audience, and games are used.
3. AXE-THROWING PARTY COMPANY
For the creative entrepreneur, starting an axe-throwing company is a fun, versatile, and one-of-a-kind endeavour. Themed parties and specialist activities are becoming more popular, and axe throwing is an excellent match for this market. Owners may opt to build a physical store or to develop a roaming company that visits parties, festivals, and other events. You’ll need a strong business sense and at least a basic understanding of the industry.
Startup expenses are often substantial (over $50,000), and continuous insurance rates might be prohibitively expensive. However, with imaginative marketing and high-quality services, your company may grow locally, regionally, or even nationwide. With the correct business model, you may earn well over $100,000 per year.
4. BUSINESS OF BATTING CAGE
Hitting cages offer timeless family entertainment as well as cost-effective supplementary assistance for both youngsters and adults wishing to improve their batting talents. This company may be incredibly beneficial for people who like baseball or softball. Basic financial understanding can help you succeed, but the most important element is a passion for the sport.
Startup expenses may vary greatly depending on your location, size, and facility, but a minimum of $100,000 is required. You may select between indoor and outdoor facilities, or a hybrid of the two. The size should represent your area’s population and predicted demand. If you hit the correct mix, you have the opportunity to earn decent profits ($70,000 by your third year) and possibly expand to other sites.
5. BUS TOUR COMPANY
Starting a bus tour company is an excellent solution for entrepreneurs who wish to educate their local community and visitors about local areas of interest or historical sites. You must be informed about the places or areas in which you work, be excellent with people, and have some commercial experience. To drive a bus or van, you will also need the right licence.
Startup expenses are low (about $30-60k depending on the kind of bus purchased), but earnings may reach six figures in the first year. Earning potential is affected by a variety of variables, including location, the quantity of buses in your fleet, and the attractiveness of your excursions. This industry has strong development potential, particularly if you select your location carefully.
6.COURSE OF DIFFICULTY
If you are searching for a new business opportunity and like the outdoors, opening a challenge course is a terrific option. You may offer a broad range of courses, each of which will need a unique skill set. These courses may appeal to a broad variety of people and organisations seeking anything from military training to psychology to business training. You may even host summer camps at your site.
Because you will require a vast plot of land and a lot of specialised equipment, your initial expenditures will be significant. These courses are quite popular, and company owners may earn a lot of money based on the courses they provide, the quality of service, and the location. Smaller enterprises may easily earn six-figure profits, while bigger organisations can achieve seven-figure profits on an annual basis.
7.DINNER THEATER
Dinner theatre enterprises are ideal for entrepreneurs with a diverse set of hobbies and skills, such as theatre, restaurant management, business, and marketing. You must be able to work most evenings and weekends and be comfortable with a non-standard schedule.
Startup expenses are significant ($500,000 minimum), however profits are possible based on food and beverage sales. As diners look for more intriguing and imaginative ways to spend their evenings out, the appropriate business strategy and pull may assure a lot of success in this market.
8.DUCKPIN BOWLING CENTER
Starting a duckpin bowling alley company is an excellent option for folks who appreciate bowling and this unique style of the sport. These company operators will also require mechanical expertise in order to maintain the alley and pinsetters.
When you consider the cost of your property as well as the labour and equipment required to design and create a fully working bowling alley, the startup expenses for duckpin bowling alley enterprises are fairly substantial (about $45k per lane). Once founded, though, your firm has the potential for significant success with the correct location, marketing, and services. As your popularity develops, you may want to explore opening more sites.
9. GAME TRUCK COMPANY
Starting your own game truck may be a terrific way to earn a career while sharing your love with others if you’re a gamer with an entrepreneurial spirit. You will almost certainly be hired for parties and events, and you must be willing to work long hours on weekends in order to make a good living. Game truck proprietors must supply numerous gaming systems to partygoers and be informed about each system and game that they provide. Furthermore, proprietors should be able to fix any system faults, be able to transport the gaming trailer, and enjoy working with groups of various ages.
The startup expenditures are hefty ($50,000 to $75,000 for the gaming theatre plus hauling equipment), but the income potential is tremendous. If you don’t have a truck loan and average roughly 40 parties each month, your yearly earnings may be more than $100,000. Growth is usually sluggish, but adding more vehicles over time may enhance your revenues.
10. GHOST TOUR COMPANY
Starting a ghost tour company may be suitable for you if you are a great storyteller with knowledge of local, regional, or even global ghost tales. These enterprises thrive in cities and towns with a long history of the dark and mysterious. Your most significant asset in your company will be a great love for the topic of your excursions.
Startup expenditures are often less than $3k since you will largely be spending to advertise your new firm. Depending on the location and popularity of your trip, you might earn more than $100,000 as your company grows. There is also room for expansion, with the option of introducing new tours or expanding into adjacent – or even distant – villages and towns with their own distinct histories.