NaijaCEO

Starting a game center business in Nigeria can be a lucrative and rewarding venture, but it requires careful planning and execution.

In this article, we will go in-depth on the steps you need to take to start a Game center business in Nigeria, including market research, choosing a location, purchasing equipment, setting up your space, and promoting your business. Following these steps, you can build a thriving game center that caters to the growing demand for video gaming in Nigeria.

Steps needed on How to Start a Gaming Center Business in Nigeria

Table of Contents

Step 1: Research the market and create a business plan

Before you start your game center business in Nigeria, it is important to do some market research to determine the feasibility of your venture. Consider the following questions:

  • Is there a demand for a game center in your area? You can check the demand for a game center by looking at the number of existing game centers in your area and their popularity, as well as the demographics of your potential customers.
  • Who is your target market? Your target market will likely be children, teens, and young adults who are interested in video games. You may also want to consider offering board games and other non-electronic games to attract a wider range of customers.
  • What kind of games will you offer? Consider the types of games that are popular in Nigeria, as well as the latest and most popular games on the market. You may want to offer a mix of console games, PC games, and board games to appeal to a diverse group of customers.
  • How will you differentiate your game center business in Nigeria from competitors? To stand out from the competition, you will need to offer something unique or better than what is already available. This could be a wider selection of games, a more comfortable and welcoming atmosphere, or lower prices.

Once you have a clear understanding of the market, you can create a game center business plan in Nigeria that outlines your goals, target market, marketing strategy, and financial projections. A well-written business plan will help you secure funding and stay on track as you launch and grow your business.

Step 2: Choose a location

The location of your game center business in Nigeria is one of the most important factors in determining its success. You will want to choose a location that is easily accessible, has ample parking, and is in a high-traffic area. Consider factors such as proximity to schools, residential areas, and other businesses that may attract potential customers.

You should also consider the size of your location and whether it is suitable for the number of gaming stations you plan to offer. A larger location will allow you to accommodate more customers and offer a wider selection of games, but it will also require a larger investment in rent and utilities.

Step 3: Purchase equipment and supplies

game center business plan in nigeria

Once you have secured a location, it’s time to start purchasing equipment and supplies. You will need to purchase gaming systems, such as consoles and PCs, as well as monitors, keyboards, and other peripherals. Make sure to research the latest and most popular games to ensure that you have a diverse selection to offer your customers.

In addition to gaming equipment, you will also need to purchase other supplies such as seating, tables, and storage shelves. You may also want to consider offering snacks and beverages for sale, in which case you will need to purchase a refrigerator, microwave, and other food service equipment.

You can purchase equipment from this website called Jiji

Step 4: Set up your space

After you have purchased your equipment and supplies, it’s time to set up your space. Consider the layout of your game center business in Nigeria and how you want to arrange the various gaming stations. Make sure to create a comfortable and inviting atmosphere with comfortable seating, good lighting, and a clean and organized space.

You should also consider the overall design and aesthetic of your game center. A well-designed space can create a more enjoyable experience for your customers and help set your game center apart from competitors. Consider the theme of your game center and how you can incorporate it into the design and decor.

In addition to the gaming areas, you will also need to set up a reception area where customers can check in and pay for their gaming sessions. You will also need to set up a storage area for your equipment and supplies, as well as a break room for your employees.

Step 5: Promote your Game center business in Nigeria

Once your game center business in Nigeria is set up and ready to go, it’s time to start promoting your business. There are many ways to advertise your game center, including social media, online directories, local advertising, and word of mouth. Consider offering promotions or discounts to attract new customers and encourage repeat business. You may also want to consider hosting events or tournaments to draw in a larger crowd.

In addition to traditional advertising methods, you can also use customer loyalty programs and email marketing to keep in touch with your customers and promote your business. Consider offering incentives for customers to refer their friends and family to your game center, as word of mouth can be a powerful marketing tool.

Step 6: Train and manage your employees

As your game center grows, you will likely need to hire employees to help run the business. It’s important to carefully select and train your employees to ensure that they provide excellent customer service and maintain the cleanliness and organization of the game center.

Consider implementing a training program for new employees to ensure that they have a thorough understanding of your policies and procedures. You may also want to consider using a customer relationship management (CRM) system to keep track of customer interactions and feedback(this is optional).

Step 7: Expand and evolve your business

As your game center becomes established, you may want to consider expanding your business by adding new games and equipment or opening additional locations. You should also be open to adapting to changes in the market and customer demand, such as the introduction of new gaming technologies or the popularity of new types of games.

By continuously improving and evolving your business, you can stay ahead of the competition and keep your customers coming back for more.

Starting a game center business in Nigeria can be a challenging but rewarding endeavor. By following these steps and being proactive in your marketing efforts, you can build a successful business that caters to the growing demand for video gaming. With careful planning and execution, you can create a game center that is both profitable and enjoyable for your customers.

Equipments needed to start a Game center business in Nigeria

You will require the following in order to launch a video game business:

  • Gaming consoles: You will need to choose which gaming consoles to offer at your game center, such as PlayStation, Xbox, or Nintendo systems. You will need to purchase the consoles themselves, as well as any necessary controllers and accessories.
  • Gaming PCs: If you want to offer PC gaming at your game center, you will need to invest in high-performance gaming PCs, as well as monitors, keyboards, and mice.
  • Virtual reality equipment: If you want to offer virtual reality experiences at your game center, you will need to invest in VR headsets, controllers, and any necessary sensors and tracking equipment.
  • Seating and furniture: You will need to provide comfortable and functional seating and furniture for your customers, such as gaming chairs and tables.
  • Sound and lighting: To create the right atmosphere at your game center, you may need to invest in sound and lighting equipment, such as speakers and LED lights.
  • Point-of-sale system: You will need a system to track and process payments from customers, such as a cash register or a point-of-sale software.
  • Other equipment: Depending on the specific needs of your game center, you may need additional equipment, such as refrigerators for drinks and snacks, or security cameras for safety and security.

It’s important to carefully consider the type of game center you want to create and the needs of your target audience when deciding which equipment to invest in. You may also want to seek advice from other professionals in the industry or consult with a business advisor.Regenerate response

Is Game Center Business in Nigeria Profitable?

Yes, the game center business can be very profitable. The global video game market is expected to reach over $300 billion in revenue in 2021, and the industry has consistently been one of the fastest-growing markets in the world for the past decade.

Youths are coming up day afterday, and many of them are looking for hobbies or ways to pass the time or find joy.

A game center is open for more than 12 hours, so consider how many game sets could be played in that time. On a daily basis over 100 games sets are played per day on average at a gaming lounge that is situated in a good location, and they charge a minimum of Naira 50 – Naira 100 per set for 10minutes, You could average naira 5000 – naira 10,000 daily from this business.

Making 10,000 naira perday multiplies by 25 days in a month that’s Making 250k per month from the business. One thing about the business is that the operating cost is not much so could be making 70% profit from your 250k Revenue which is good money. Lastly, a Game center business in Nigeria can not survive without a business plan because of various external and internal factors that affect every Nigerian business, so get a well-detailed business plan from us, which contains all you’ll need for to successfully setup and run your game center business.

Good luck with your newfound business and Godsp

MICAH ERUMAKA aka NAIJACEO

Join Africa Business Newsletter

Receive Opportunities and insight around the Nigerian and African startup ecosystem right into your inbox every month

Congrats for Joining Africa Business Newsletter

Micah Erumaka

Micah Erumaka

About Micah Erumaka

Micah Erumaka is the Founder of LiaonCEM solutions which owns NaijaCEO. He is an Internet Entrepreneur and a content creator. After the failure of his first company at age 18 he started NaijaCEO to help entrepreneurs with the information they need in operating a successful business in Africa

Related Post

How To Start A Bike Logistics Business In Nigeria In 2024

How To Start A Bike Logistics Business In Nigeria In 2024

by Micaherumaka | Mar 25, 2024

How to start a Bike logistics business in Nigeria is one of the easiest things you'll ever do as an entrepreneur in...

Complete Guide: How to Start a Sand Mining and Supply Business in Nigeria

Complete Guide: How to Start a Sand Mining and Supply Business in Nigeria

by Micaherumaka | Nov 2, 2023

Introduction The sand mining and supply business in Nigeria is not just a trade; it's a foundational cornerstone that...

Poultry Farming Business Plan In Nigeria / Feasibility

Poultry Farming Business Plan In Nigeria / Feasibility

Poultry Farming Business Plan in Nigeria Feasibility/Business Plan PDF / DOC Our Poultry Business Plan is full of help...

game center business plan in nigeria

MakeMoney.ng

8 Steps to start a video game business in Nigeria (2024)

Thomas Glare

  • Updated March 19, 2024
  • Read Time 10 mins

video game business in Nigeria

The video gaming business is one of the industries that continues to record outstanding growth in Nigeria and the rest of the world. Millions of people globally love playing games. You can find game enthusiasts enjoying a top-notch online slot when they are free, either for fun or profits.

The popularity of video games, especially among the young population, makes the gaming business a lucrative venture. Video games are a source of entertainment for the masses where some people can hardly go a day without indulging in the sport. 

If you are an entrepreneur and would like to invest in the gaming business, you must get it right the first time to run your entity successfully and profitably.

Thankfully, there are plenty of gaming business ideas to explore to start an entity you will love. One of them is starting a video game business where revelers can come to your establishment to play their favorite video games.

Below we will give you a comprehensive guide on the 8 most important steps to start a video game business in Nigeria. 

Table of Contents

  • 1. Start with a Detailed Business Plan 
  • 2. Get Capital and Equipment 
  • 3. Get a Strategic Location 
  • 4. Choose the Proper Business Model 
  • 5. Study the Latest Trends and Productions 
  • 6. Register your Gaming Business 
  • 7. Aggressively Promote your Entity 
  • 8. Know How to Anticipate and Tackle Issues 
  • Conclusion 

How to start a video game business in Nigeria

1. start with a detailed business plan.

The first step towards establishing a successful gaming business is to have a solid business plan in place. It is particularly important if you are going to be seeking funding for the entity. An excellent gaming center business plan will essentially include setting your goals and how you intend to achieve them. 

Great plans include details that can help improve your chances of success. They feature information like market analysis, customer segmentation, marketing, competitive analysis, cash flow projections, logistics and operations plans, and the path to long-term growth. These plans can also help you accomplish several things, including:

  • Starting your gaming business on the right foot.
  • Remain effective in the development and management of priorities and operations. 
  • Establishing specific short and long-term goals. 
  • Remain credible and coherent with your employees and partners. 
  • Launch a crowdfunding campaign or raise funds for your gaming business.

A well-written plan will also help you track the progress of the entity when it begins to grow. Gaming business plans are tools that can help you make crucial decisions. Note that entrepreneurship presents endless crisis management and decision-making.

Gaming business plans can also help you anticipate problems you may face during operations to aid you in coming up with realistic solutions. You do not even have to write the plan on your own. There is an option of hiring an expert gaming business plan writer or accountant to help you out. 

2. Get Capital and Equipment

Your gaming business will ideally be in an indoor location that will require some level of structure to attract as many customers as possible. Consider the capital you have at hand if you do not plan on borrowing extra funds.

The capital you will need to start a gaming business will depend on the number of clients you wish to serve and the type of equipment to buy. Seeing that the venture is mainly electronic, it will not come cheap. However, high investments will likely see you get high returns.

You will need several appliances for this venture, and these include: 

  • A Games Centre- it is the game environment where you will set the equipment for play. Invest in a good space, as this will determine the patronage you will end up with. 
  • TV Sets and Chairs- flat screens and comfortable chairs are non-negotiable if you want to offer unmatched gaming experiences. 
  • Games Consoles, GamePads, and Games – Game consoles to invest in include Play Stations and Xboxes. For your video gaming business to thrive, you will also need to buy actual games for your clients. Try and keep up with new releases so that customers get the products they want at all times. 
  • Generator Set- to keep players busy, you will need a steady supply of power. Generators come in handy when power fails. 

Other optional equipment you can get for your business include sound systems and fans that can give your business a better competitive edge. 

3. Get a Strategic Location

Location is everything when it comes to your gaming business. Understand that the location of your gaming business will set the tone of your entity. It may also decide what customers think about your establishment.

Look for a space that gamers can easily access. Good roads and reliable water and power supply are a few factors to have in mind before you settle for a gaming business location. 

Avoid dingy alleys as your shop may end up being a hideout for criminals. Pick a secure location for the safety of your equipment and clients as well. Most importantly, before you start a gaming business, it is vital to ensure that it is close to the market to increase your chances of success.

A place with tons of foot traffic, especially from younger people, is bound to be a hit.  

If you will be renting out a place, consider the price and determine whether it is within your budget. It is usually best to get a space where you will not need to do a lot of renovations before the gaming business can kick-off.

Remember that you want to pick the perfect location for your gaming business where you will not have to keep moving because it can be inconvenient and expensive. 

4. Choose the Proper Business Model

You must have a good business model to run your gaming entity. Common options available when choosing a gaming business model include: 

  • Advertising models 
  • Franchising models 
  • Affiliate marketing models 
  • Razorblade models 
  • Freemium models 
  • Subscription models
  • Reverse razor blade models 
  • Ecommerce models 
  • Agency models 

Compare the various models to determine the one that makes the most sense for your gaming entity. Whether you want to work with a cloud gaming business model or a mobile gaming business model, there are various factors you need to put into consideration. The most important is thinking about the needs of your clients. 

For a flourishing gaming business, you also need to consider how your clients will interact with the gaming business.

It’s vital to also consider your value proposition, competition, and market potential. Be sure to pick a model that ensures you make money and consistently deliver value to your clients. 

5. Study the Latest Trends and Productions

Running an outdated gaming business will only see you incur terrible losses. To avoid this, you must be very careful with the products you offer clients. Study the global gaming business to know what works and what does not work.

You cannot only have video games that were produced in the 90s in your portfolio. Extensively research the best companies that offer gaming products for your business. 

Learn what’s hot in the industry and the things to avoid if you want your gaming business to remain relevant. Always remember that your customers are key to driving the success of your video game establishment.

You want to make sure the products and services you offer are in line with what they need and want. It’s also vital to get educated about future gaming and business technologies. This way, you will not spend too much time and other resources investing in something that will be obsolete in the next few years. 

You can gather information about relevant trends for your gaming business in multiple ways. One is through networking with other like-minded individuals. They can help pinpoint the trends you should focus on.

Doing market research can also help you get information straight from the source. Another option to explore is to look at the industry leaders. They can help you jump on the right trends that will see you elevate your gaming business to the next level. 

6. Register your Gaming Business

Never attempt to run a gaming business without getting proper documentation. It will save you a lot of headache and harassment from enforcement agencies as well as other elements. CAC (Corporate Affairs Commission) is the accredited business registration commission in Nigeria .

Register the gaming business in your business name as an entity that is aimed at making gains. Having a unique name prevents other entrepreneurs from using it. In addition to the name, you will need to present other vital information to register your gaming business in Nigeria, such as:

  • General nature of your establishment 
  • Address of your gaming business 
  • Name, occupation, address, and other details of the business proprietors. 
  • Signatures from all the proprietors 

You can also try and source an operating gaming license from the gaming board of the area where you want to set up your entity. It will aid you in getting the license you need to operate a well as accommodate video game lovers legally without security operatives’ interference.

For this, you will need to write an application letter to the Director-General of the Nigeria Lottery Regulatory commission demonstrating your aspiration to start a gaming business in the country. If you get cleared, you will have a clearance certificate that allows you to operate a business in the industry of gambling.

7. Aggressively Promote your Entity

If you are just starting your gaming business, you need to spread the word about its existence to attract potential clients. Depending on your marketing budget, there are multiple avenues you can invest in to let people know about your video game entity.

If you do not have too much money, social media is your best bet. Open up pages on various platforms like Facebook and Instagram and put in the effort to promote your pages. 

You can also offer discounts, especially in the first few days. Everyone loves a good introductory offer, and this is bound to bring game lovers your way. You can copy the 200% bonus model to make your gaming establishment more attractive.

This may even mean that some clients can get to play some games for free. It will allow them to sample what your gaming business has to offer. If they like what they see, they will tell their family and friends, and this is how your establishment will become popular.

Be sure to offer A1 services in your gaming business at all times because it is the only way you will attract customers and retain them for long. 

8. Know How to Anticipate and Tackle Issues

When operating a gaming business, you must also understand the environment where your operations are located. In this case, because it is Nigeria, understand that a section of the population deems video gaming businesses as illegal and socially wrong.

You may have to endure police raids from time to time and complaints from parents of young gamers. This is something that can have a significant impact on your entity. To steer clear of such problems, you need to be well prepared. 

For instance, if parents come screaming into your establishment demanding that their children leave the gaming zone, try to stay calm. It’s also advisable to set rules for your gaming business such as:

  • Ensure that there is a written rule banning teenagers in uniform from visiting your gaming business. 
  • Prohibit access to the game lounge by students during school hours. 
  • Have a non-refundable policy for games revelers play. 

Keep the rules in a place where everyone who enters the gaming lounge can read. When it comes to unlawful police raids, be sure to have your license in place. Try as hard as possible to ensure that dubious people do not frequent your gaming establishment because they will constantly attract law enforcement. 

Running a gaming business in Nigeria can prove to be a profitable venture if you do it right. Following the above steps will put you on the right track to operating a business that will grow, and you will be proud of. 

Do you operate or want to start a gaming business? Which steps above have you followed? Do you have any other valuable advice for an individual looking for useful information on how to start a gaming business? We would love to hear from you in the comments.

Don't miss a thing.  Follow us on Telegram and Follow us on WhatsApp . If you love videos then also  Subscribe to our YouTube Channel .  We are on Twitter as  MakeMoneyDotNG .

Thomas Glare

Thomas Glare

Thomas Glare is a dedicated video gamer, reviewer, and content writer, always willing to analyze and provide feedback on new games in the industry. His passion is not limited to a specific genre, but he definitely appreciated a thought-through product, regardless of its main idea.

Selling on Konga

Leave a Reply Cancel Reply

Your email address will not be published. Required fields are marked *

Name  *

Email  *

Add Comment  *

Post Comment

Nairarush

Game Centre Business in Nigeria: How to Start, Cost & Requirements in 2024

' data-src=

  • October 1, 2023

Video games are one the most popular ways of driving fun by young people in Nigeria. As per that, starting the business is very profitable in any part of the country.

While a lot of youths love video games, many (over 90%) can’t afford a game console, not to mention a TV. This makes the only option a gaming center if they want to have fun playing games.

The game business in Nigeria is one of the fastest-moving and highly lucrative daily income business ideas. Once you open your shop in the morning, chances are you’ll start getting customers right off the bat.

From students to non-students who just want to have fun, you’ll get unlimited customers if you set up your game business the right way in Nigeria. And in this post, you’ll learn exactly how to do that to make the most money.

Here, from the cost of starting to the profitability, and steps to take to succeed, you’ll learn everything about the video game business in Nigeria. That’s not all, but we will also show you how to massively increase your profits.

So, without further ado, let’s get started!

Table of Contents

Understanding Video Gaming Business in Nigeria

Game Centre Business

A video game business involves setting up a shop where people will come to have fun playing different kinds of video games including GTA, PES, Bike Race, Car Race, and so on for a fee.

This business is very profitable in Nigeria, and it moves fast, as the demand for the service is usually high among youths. The business is very easy to start and highly scalable. There is no limit to the amount you can make starting a video game business in Nigeria.

Related: How to Start a Football Viewing Center Business in Nigeria

How to Start a Video Game Center Business in Nigeria

Here’s a simple step-by-step guide on how to start a gaming center business in Nigeria in 2023:

1. Do Your Research

Firstly, you want to start with market research, so as to get to understand the business. Since a video game business is just like every other business, you need to know what it takes to start.

Here, you’ll need to find out about the requirements to start in your area, the best location for the business, the best types of TV to buy, the best game console and version to buy, how to get them, and so on. You’ll also need to find out about the current fee charged per game in your area.

To get the best result out of this, it would be ideal if you meet someone already in the business, build a business rapport, and do your findings.

2. Arrange for Capital

During your research, you should find out about the more accurate startup capital needed to start and operate a video game business. Knowing that the next thing now is to source the fund.

If you already have a source of funding, you can tap into it to get started. However, if you don’t have up to the required amount, you can seek assistance through partnerships and loans from friends and family to get started.

Related: How to a Phone Charging Business in Nigeria

3. Get a Shop

After getting your capital ready, the first thing you want to invest in is a shop. You can start with a small or spacious shop depending on how big you want to start.

Depending on your area and the amount of money you are able to raise, you can either find a space and build a shop or mount your kiosk or rent a shop.

Also depending on your capital, if you want to build a shop, you can use less expensive materials like planks, and fairly new roofing sheets. Perhaps, you can arrange for a container kiosk to use as a shop.

Either renting or building a shop, make sure that the location is ideal for the business. Usually, you want to sit your shop in a busy area such as a student area.

Also, make sure that the location has low crime records especially if your equipment like the television will be in the shop permanently (which usually is the case).

4. Get All Necessary Equipment

With your shop now ready, you need to get the required equipment to run the business. Here, you’ll need to budget a reasonable amount of money, as much of the equipment are costly.

See Also: 50 Smart Daily Income Businesses in Nigeria

Equipment Needed to Set Up a Video Gaming Center

Here are some of the equipment needed to start and operate a gaming center business in Nigeria:

  • Televisions
  • Game consoles
  • Cable Wires
  • Power Generator
  • Extension Sockets.

5. Set Up Your Game Center

Game center

After acquiring all the needed types of equipment, the next thing is to set up your shop to look perfectly like a gaming center.

Here, you’ll need to set up the power supply, connect the TVs and game consoles, arrange the benches in order, place the fans in the appropriate spots, and so on. You can visit a game center to get inspiration on how to set up a gaming shop to look perfect.

Related: How to Start a Recharge Card Printing Business in Nigeria

6. Get Started and Get Working

With everything now in place, you can now get started operating the business. Although a gaming center doesn’t need much advertisement to start getting customers, you need to come up with and implement a good marketing strategy for the business.

Some of the strategies you can use include:

Word of Mouth

The easiest and most effective way of marketing a video gaming center is through word of mouth. This involves letting people (usually kids and sports lovers) know that there’s a new gaming shop in town.

To make this strategy work, you’ll need to offer discounts, or charge cheaper fees at the start to entice a lot of people. Also, tell them to encourage their friends to come play with them.

Here you can let two people play, but charge the fee for one person. Perhaps, you can also let them play two or three games and get one free. This works like magic.

Promoting on Signboard

This is very much self-explanatory. You just need to find a board and write about your business. For example, “PES and GTA Available Here”, or “NairaRush Gaming Center”.

Expanding as You Grow

If you have reasonable capital, you can encompass other businesses such as phone charging, POS business, and recharge card business with the video gaming center business. This will help maximize your profits massively, and also make you more money in the shortest time with the business.

Related: How to Start a Phone Accessories Business in Nigeria

How Profitable is a Video Game Business in Nigeria?

One common question asked by people looking to venture into the business is – is video game business profitable in Nigeria?

Of course, it is! Though the profitability is affected by many factors including location, and the cost of operation.

The required equipment to start a game business in Nigeria are usually expensive, so you may need more capital to get them.

On the part of the location, the cost of playing games at gaming centers varies based on location. This cost usually ranges from N30 to N50 per game as of the time of curating this post. And with this business the more people play, the more money you’ll make.

After subtracting the cost of daily operations, on average you could make up to 5,000 profits per day from just one gaming center in Nigeria.

Related: How to Start a POS Business and Make 5K+ Daily

How Much Do You Need to Set Up a Gaming Center in Nigeria?

One thing that gets people stuck while looking to start a video game business in Nigeria is the capital required. Realistically, you need a reasonable amount of money to set up a gaming center.

There’s a lot of upfront investment to be made in a game business in Nigeria. So, while looking to start, you’ll need anything from 150,000 to 350,000 naira as capital.

Keep in mind that this varies based on location. For example, the cost of acquiring a shop in Lagos may differ from how much it costs in Asaba. Also, you’ll encounter some expenses along the way that may cost some money.

Related: 20 Smart Ways to Make Money Online in Nigeria

The game station business in Nigeria is one of the easy-to-start and highly profitable businesses. It can be started by anyone, and it is a good source of daily income.

I believe this post on how to start a video gaming business will serve as a good beginner guide to help you get started and succeed.

Tags: small business Video game

' data-src=

His name is Olatunde, he is the founder of Nairarush.com.ng. He is Nigerian who likes sharing information about anything about finance. And because he has been making money online for years now, he also share some information about investing, online business ideas, loans for students and businesses, and lots more.

You may also like...

game center business plan in nigeria

List of Opay USSD Code & Transfer Code 2024 [OTP, Balance]

game center business plan in nigeria

How to Start a Jewelry Business in Nigeria 2024 [Complete Guide]

Loans without Credit Checks in Nigeria 2024 [How to Apply]

Loans without Credit Checks in Nigeria 2024 [How to Apply]

2 responses.

  • Pingbacks 0

' data-src=

I really appreciate your write up I’m planning to set up on as a side hustle soon

' data-src=

Word on a marble…am planing to run one as well,.how do one get a licenced,,like register..

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

Notify me of new posts by email.

  • Next How to Start Dropshipping in Nigeria in 2024: Complete Guide
  • Previous Recharge Card Printing Business in Nigeria: How to Start & Cost in 2024

Financed Hub

Press ESC to close

Or check our popular categories..., how to start video game center business in nigeria in 2023.

Starting a business in Nigeria can be a rewarding venture, and one of the promising opportunities in the country is the video game center business. In this comprehensive guide, we will explore the steps to start a video game center in Nigeria, the profitability of the venture, and the key considerations to ensure success.

Understanding the Market

Table of Contents

Nigeria, as an emerging market, presents a unique set of challenges and opportunities for entrepreneurs. While the majority of its citizens may not be able to afford luxury items, there is still a considerable demand for entertainment, particularly video games. Many children and young adults aspire to enjoy the thrill of gaming, even if they cannot afford gaming consoles or computers. This high demand for gaming experiences has created a lucrative niche for video game centers.

Is a Video Game Business Profitable in Nigeria?

The video game business is indeed profitable in Nigeria for several reasons:

  • High Demand: Nigerians have a strong passion for gaming, and they are willing to pay for the opportunity to play various video games.
  • Limited Access: Many Nigerians cannot afford gaming consoles or computers, making video game centers an accessible and affordable alternative.
  • Addiction Factor: Video games are highly addictive, which means customers tend to spend more time and money in gaming centers, boosting profitability.

Now, let’s delve into the steps to start and run a successful video game center in Nigeria.

Step 1: Develop a Business Plan

A well-structured business plan is essential for any successful venture. Your video game center business plan should cover various aspects, including:

  • Capital requirements: Determine the capital needed to start and sustain your business.
  • Location analysis: Research and select a strategic, high-traffic location for your center.
  • Marketing strategy: Outline your marketing plan to attract and retain customers.
  • Financial projections: Estimate your potential income and expenses.
  • Business operations: Define the day-to-day operations of your video game center.
  • Legal requirements: Ensure compliance with all legal and regulatory obligations.

While you can hire a business consultant to create your business plan, there are also online templates available for those who prefer a DIY approach.

Step 2: Secure Adequate Capital

Capital is the lifeblood of your video game center business. The amount you need depends on various factors, including the scale of your operation and current economic conditions. In Nigeria, a minimum of ₦1.5 million can set up a small-scale video game center. This should cover initial expenses for the first few months, including rent and equipment.

Step 3: Acquire the Necessary Equipment

The success of your video game center hinges on having the right equipment. Key items to procure include:

  • Video game consoles (e.g., PS4, PS5, Xbox, and more).
  • Plasma TVs for gaming displays.
  • Shelves for game storage and accessories.
  • Fans (standing or ceiling fans) for ventilation.
  • Generator to ensure uninterrupted power supply.
  • Light bulbs for ambiance.
  • Comfortable seating options, such as chairs or benches.

Investing in a variety of video games will help cater to different customer preferences and keep your center engaging.

Step 4: Secure a Suitable Location

Your choice of location can significantly impact the success of your video game center. Consider the following factors when renting a shop for your gaming center:

  • Affordable rent: Ensure your shop rent does not exceed 30% of your initial capital.
  • High-traffic area: Choose a location in a densely populated area to attract more customers.
  • Adequate space: Your shop should be spacious enough to accommodate gaming stations comfortably.

Step 5: Set Up the Games and Equipment

Once you have secured your location, it’s time to set up your video game center. Hire an electrician to install the necessary wiring for lights, TVs, and gaming consoles. Create an inviting atmosphere by using curtains or window blinds to control lighting. Consider adding colored bulbs for ambiance and fans to keep the space comfortable.

Step 6: Launch Your Video Game Business

With everything in place, you can officially open your video game center. Attract customers by inviting friends and family for a launch event, offering special discounts to early visitors. Set up a system for tracking income and expenses, including a record-keeping method to monitor customer usage and gaming sessions.

Step 7: Promote Your Video Game Center

Marketing is crucial to the success of your video game center. Let the local community know about your business through effective advertising methods, such as posters, handbills, and online promotion. Consistently run advertisements for at least six months to a year to build awareness and attract a steady stream of customers.

Starting and running a video game center in Nigeria can be a highly profitable venture due to the strong demand for gaming experiences. By following these steps and considering the unique characteristics of the Nigerian market, you can establish a successful business that caters to the entertainment needs of both children and adults. With dedication and effective marketing, your video game center can thrive and provide consistent profits in this growing industry.

Categorized in:

Share Article:

Leave a Reply Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Related Articles

How to start boxers business in nigeria in 2023, how to start photography business in nigeria in 2023: detailed guide, how to start leather belts business in nigeria in 2023, how to start clothing business in nigeria in 2023: simple guide, other stories, how nigerian musicians make money: 10 ways (2023), how to start okrika business in nigeria in 2023.

How to Start a Video Game Center Business in Nigeria

How to Start a Video Game Center Business in Nigeria: A Comprehensive Guide

The video game industry has experienced significant growth globally, and Nigeria is no exception. Starting a video game center can be an exciting and profitable venture, catering to the growing population of gamers.

In this blog post, we will provide you with a step-by-step guide on how to start a video game center business in Nigeria.

From selecting the right location to equipping your center with the latest gaming technology, we’ll cover essential aspects of this business.

Additionally, we will address some frequently asked questions (FAQs) to help you embark on your entrepreneurial journey.

Market Research and Planning

Conduct market research to identify the demand for video game centers in your target area. Analyze the demographics, competition, and preferences of potential customers. Develop a business plan that outlines your goals, target audience, pricing strategy, gaming equipment, and marketing approach.

Choose the Right Location

Select a location that is easily accessible, preferably in a densely populated area with a significant number of potential customers, such as near shopping malls, colleges, or entertainment districts. Consider factors like foot traffic, parking availability, and the proximity to your target audience.

Acquire Necessary Licenses and Permits

Register your video game center as a business entity with the appropriate government agencies, such as the Corporate Affairs Commission (CAC). Obtain the necessary licenses and permits, including a business license and any permits required for operating an entertainment venue.

Set Up the Gaming Center

Create an appealing and comfortable gaming environment for your customers. Decorate the space with gaming-themed elements, comfortable seating, and proper lighting. Ensure adequate ventilation and temperature control to provide a pleasant experience.

Equip the Gaming Center

Invest in high-quality gaming equipment, including gaming consoles, PCs, virtual reality (VR) systems, and a variety of popular game titles. Provide a diverse selection of games that cater to different genres and age groups. Consider multiplayer games to encourage social interaction among customers.

Create a Gaming Lounge Atmosphere

Designate separate gaming zones within your center to cater to different preferences and age groups. Provide amenities like refreshments, snacks, and comfortable seating areas for customers to relax between gaming sessions. Offer charging stations for mobile devices and accessories.

Marketing and Promotion

Develop a marketing strategy to create awareness about your video game center. Utilize online platforms, social media, and local advertising channels to reach your target audience. Collaborate with local gaming communities, organize gaming tournaments, or offer special promotions to attract customers.

Provide Excellent Customer Service

Train your staff to provide exceptional customer service and technical support. Ensure they are knowledgeable about the gaming equipment and can assist customers with game selection or troubleshooting. Create a friendly and inclusive environment that welcomes gamers of all skill levels.

1. How much capital do I need to start a video game center?

The capital required to start a video game center can vary depending on factors such as location, size, equipment quality, and renovation costs. It is recommended to conduct a thorough cost analysis and budgeting process to determine the specific capital needed for your business.

2. How can I attract customers to my video game center?

To attract customers, utilize online and offline marketing strategies. Engage with gaming communities through social media, create a website or online presence, offer special promotions, and host gaming tournaments or events. Provide a high-quality gaming experience and excellent customer service to encourage word-of-mouth referrals.

3. How can I stay updated with the latest gaming trends and technologies?

Stay updated by regularly researching gaming industry news, attending gaming conventions or conferences, and engaging with gaming communities both online and offline. Follow reputable gaming websites, blogs, and social media accounts to stay informed about new games

Related Articles

game center business plan in nigeria

A Comprehensive Guide to Starting a Dollars Arbitrage Business in Nigeria

game center business plan in nigeria

The Ultimate Guide to Starting a Profitable Snail Farming Business in Nigeria

game center business plan in nigeria

A Comprehensive Guide to Starting a Hotel Business in Nigeria

game center business plan in nigeria

How to Become a GLO SIM Registration Agent

game center business plan in nigeria

10 Profitable Business Ideas for African Men

game center business plan in nigeria

Steps to Start a Dropshipping Business in Kenya

game center business plan in nigeria

How To Start A Video Game Centre In Nigeria

Avatar of Samuel Taiwo

Video games are a source of entertainment for lots of children and young adults, and a video game centre can be a great business to set up. Video games are neverending and evergreen as there will always be children and young adults who play them. If you are a video game lover, then read this piece to the end as I’m going to show you how to start a video game centre in Nigeria.

Start-a-Video-Game-Centre-in-Nigeria

The demand for video games and consoles is high among young people in Nigeria, and it is not a bad business to try out as it can make you some cool passive income. Below are guides that are going to help you start a video game centre in Nigeria.

Table of Contents

Start a video game centre in nigeria.

Below are some steps that are going to guide you to start a video game centre in Nigeria.

Video-Game-Centre-in-Nigeria

1. Do Market Research and Get a Plan

One step you have to take to start a video game centre in Nigeria is to research the market and see what your potential competitors are doing well and what they’re doing badly. Check out how other game centres around you run, get ideas from it but always look to improve on every single thing they are doing. Know what consoles and games attract the most customers around. Know their prices and look to undercut them as more people will go to the store that is cheaper. Also, look for things that you think the young people will love to have in a game centre and then, make plans to implement them.

After doing your research, you have to make a business plan that you have to follow so you don’t get lost when you dive in. This business plan can also be used to get loans from banks if you don’t have enough funding to start it out. During your research, you should also know how profitable the venture will be as that’s a key factor in getting loans.

2. Get your business registered and insured

Now, after doing research and having a business plan, you should start going to the government authorities to get your business licensed. This will help you to run smoothly and avoid any hiccups. You will need to be registered to CAC, and other agencies. Depending on the state you want to open the business, there are state agencies you may need to talk to.

Also, get insurance for your business as soon as you start running as that will help mitigate the effect theft and other damages will have on you.

3. Get a location to open your game centre

This is the beginning of all your groundwork. You need to get a good location where you can open the game centre and also a place to rent or lease.

Picking a good location should be based on the number of customers you can get in that area. You should look to pick an area where there are plenty of young people around. Getting a place near a university, polytechnic, or multiple secondary schools is a good idea as those are your customers.

Next, find a place to lease in that area, and make sure it is spacious enough for your ventures. Make sure the space will take about 5 televisions and multiple spectators. Also, make sure the place gets a stable power supply so you won’t spend much running generators.

4. Purchase all equipments

This is where you need to be quite cautious as that’s where you’d spend the money when you want to start a video game centre in Nigeria.

First, you need to buy the consoles you want to offer in your game centre. I would suggest you get a PlayStation 5, 4 and 3, Xbox Series S and X. According to your research, if one of these gets more customers than the other, get one more of it. Also, make sure to get multiple controllers. If PC games are in high demand, make sure to get good gaming desktops and monitors.

Second, get televisions for each of the consoles, make sure to get ones that are quite large and immersive. Get the connectors also. Get a UPS as this will help your games to keep on running after the power supply goes and you have to turn on a generator.

Also, get unlimited Wi-Fi, probably a fibre network or Starlink if you can afford it. This will help you as there are some games people may request for that need internet connectivity. Unlimited Wi-Fi is also a perk that can set you aside from your competitors and attract more people.

Get comfortable chairs, decorations, fans, AC, and other things that will make the centre more comfortable so people can stay longer. Also, get a generator as you will need it many times.

When getting the electronics above, it is more cost-effective to get ones that are pre-used. However, make sure to buy from reputable stores so you can get original equipments.

Also, get people who are going to work for you in there if you may need it. Get someone trustworthy and honest.

5. Buy games

After that, you need to get games that young adults nowadays play. Some games you should have are FIFA, ePES, Mortal Kombat, Injustice, GTA, Modern Combat, Fortnite, Call of Duty, Resident Evil, etc. Search for trending games at the moment and get them installed on all your consoles.

6. Run adverts

Now, that you are already set to start a video game centre in Nigeria. You need to run adverts so your target audience around your game centre can know that you exist. Get flyers and banners, distribute the flyers to young adults around and hang your banners where many people will see them. Also, run Facebook and Instagram ads targeting young adults in your game centre area so they can also hear about it. Never stop marketing as more and more people need to know about your game centre so they can patronize you. If you set it up to be comfortable like I said, getting returning customers will be easy.

Getting to start a game centre in Nigeria is just the beginning. Make sure to listen to the complaints and reviews of customers and work on them. Don’t sleep on your competitors and keep on innovating so you’re always ahead of them. Now, we’ve come to the end of this article showing you how to start a video game centre in Nigeria.

Get Notified of New Content on Mobility Nigeria

Don’t snooze on fresh, new posts. One email per day only! We do not share your contact with anyone.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

By Samuel Taiwo

Related posts, vivo v30 lite 4g has decent specs but has one key feature i’m wary of.

Avatar of Mister Mobility

Dimensity 8200 Ultimate is the chipset to look out for in 2024 TECNO and Infinix phones: Here’s why

Infinix gt 20 pro flagship launch: esports-level gaming phone revolution and the dawn of a holistic gaming universe.

Avatar of Media Partner

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

 Yes, add me to your mailing list

Search in Site

Media nigeria, how to start a video game business in nigeria.

By Media Nigeria on March 16, 2018 No Comment

Since 1947, video games have survived the tests of time to become part of day to day life. In fact, many people simple can’t do without it. Its ability to get people addicted has created business opportunity.

game center business plan in nigeria

Every young teen or youth between the ages of 14-22years old knows what a video game is in Nigeria. Halls established as computer video game business centers testify to the fact that it is a viable means of livelihood. So, how do you go about the start of a video game business in Nigeria?

Video games Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach to help you start the Implementation.

How Profitable Is This Business?

The games sessions last for about 10mins. It can either be played as a single player or a multi player. Each player pays at least N50 for a session of 10 minutes, and if you want to play additional game you will have to pay for another session.

How To Join Longrich In Nigeria

It means for every one hour you make about N300 (if its only a single player) to N600 (if it is a double player) just on a single game, then do the math for three or four video games.

The traffic maybe very low as from 8 AM to 1 PM week days because majority of the youths which are the main age group that patronize video game store will be off to school, except on weekends or holidays.

But as from 2pm to 8pm the traffic is usually very high as this is the rush hour, because by then most schools must have been through with lectures. By that time when you get to the game store you have to wait for your turn before you can play, as all the video games will be occupiedby players.

Imagine you have three games and your rush hour last for about six hours, it means you will be making over N6,000 within that six hours, that is, one video game gives you N240 per hour, and in six hours that will be N1,800 just for one video game. Then you do the math then, if your video game store is in a busy location teeming with age group between 12-30 years of age (mostly primary, secondary and tertiary institution students), and you have about two to three Video games and you operate it from morning to evening, even during weekends, I tell you, you will be making loads of money there.

How To Become A Video Vixen In Nigeria

You might look at N50 per game as a small money, but when it is coming at a high velocity, it will no longer be a small money then. With a good saving mentality, at the end of three months you will be talking about a high turnover in your bank account. It is a cool way to make money.

You don’t need to buy games CDs you can alway go online to download the latest game versions for free with a flash drive and you can play then directly from your flash drive without being worried of changing your Video game lens every now and then.

The major challenge in this business is that you need power to run it and power is not all that constant here, but with a good generator set, you can solve the power problem.

LOCATION When you are considering a location for this business, you first have to answer this question. Who are the people or the age group that mostly patronize a video games store?

They are the youths, age group 12 to 30 (mostly primary school, secondary school and tertiary institution students). So your business will do better when you site it in a place that has a high population of this age group, e.g places close to a higher institution with lots of external (off campus) hostels, and other busy towns or streets.

THINGS YOU NEED FOR THIS BUSINESS

1. Playstation and X-box. Playstation 2 fairly use is about N12,000 and a brand new one goes for like N25,000. You can make do with a fairly use. If you don’t have capital for X-box yet, you can start with PS-2 then as your business begins to grow then you can add more video games to your collections.

How To Become A Sailor In Nigeria

2. 21 inches colour Television. Fairly use will go for about N10,000,while brand new will go for as much as N25,000. You can make do with fairly use for a start.

3. Chairs and Table You can ask a carpenter to prepare a cabinet-like table for you that you can keep your TV and your games. If you can’t afford white chairs, you can still ask a carpenter to prepare long benches for your customers to sit on.

4. Generator set Small Generator set ”I better pass my neighbour” cost about N13,000.

5. Sound system (Optional). This is optional but if you can provide music system for your customers it will go a long way to make your video game store appear cool and relaxing. This might give you an edge over your competitors.

Once you start, use flyers and words of mouth to advertise your business.

How To Become Merrybet Agent In Nigeria

' src=

How To Start A Video Game Business In Nigeria added by Media Nigeria on March 16, 2018 View all posts by Media Nigeria →

Leave a Reply Cancel Reply

Your email address will not be published.

Notify me of follow-up comments by email.

Notify me of new posts by email.

  • Super Eagles
  • Super Falcons
  • Flying Eagles
  • Transfer News
  • Victor Osimhen
  • Kelechi Iheanacho
  • Wilfred Ndidi
  • FIFA World Cup
  • UEFA Champions League
  • Betting Apps
  • Betting Sites
  • Cashout Sites
  • 1xbet Promo Code
  • BetKing Referral Code
  • Bet9ja Promotion Code
  • Betway Sign Up Code
  • Betano Promo Code
  • Linebet Promo Code
  • SportPesa Mega Jackpot Prediction
  • Betika Jackpot Prediction

GOALBALL

How To Start A Gaming Business In Nigeria – An Honest Guide

Wondering how much it costs to start a video game business? Not to worry, here is an article on how to start a gaming business in Nigeria?

As long as having just one or two sources of income is not enough for you, then this article is meant for you.

There are lots of opportunity in this business, if you don't know … you better ask somebody.

Let me not waste your time, lets dig right into how to start a gaming business in Nigeria.

SEE ALSO | MELbet Nigeria App: How To Download/Install For Android/iOS

How To Start A Gaming Business In Nigeria

Overview of starting a gaming business in nigeria.

The video gaming business is a very profitable one if you know your way around it.

While it may not be the ideal relaxation and fun center for the seniors in Nigeria, there is no doubt that the younger population finds it very entertaining, and these are the groups a gaming lounge usually targets.

The ideal age and demographics for gaming businesses are between 7 to 25.

There are several outliers of this range, but you will find most gamers in this population.

This article is dedicated to showing you all you need to know to successfully start a gaming business in Nigeria.

The thing is, while you may have an idea of the gaming business, successfully establishing one is another ball game entirely, and ill-informed understanding could make everything go south pretty quickly.

On the bright side, you can, without any technical knowledge, simply open a game lounge for an instant in a day, considering you have all the tools, so the problem that you would encounter isn't really from the hardware set up.

After all, anyone could connect the Play Station and Xbox game consoles and start his or her business.

However, this is only a surface success bound to crash within few months to a year if the necessary homework before starting the business was not properly set up.

This business guide will help you prepare properly before starting your business and how to ensure that operation is sustained all through.

Please note that if you are going to approach the banks or meet any financial institution, or even talk to family or friends for financial support, then you may need a comprehensive video game business plan that you will submit to them.

You'd be lucky if they don't ask you!

However, you can browse online for gaming café business plan sample, they are all over the internet.

Study The Environments And Trends

This is 2021, and it is important to understand that it is no longer funny how expensive life has become in Nigeria.

This means that you have to be more careful and thorough with your analysis before putting any major work in place.

These are some of the things you would need to take into consideration before getting the video business started

Gaming Business Location

Location is one of the most important keys in determining whether your business will be a success or not.

Years back, gaming lounges were mostly patronized by kids, but following updates of new game consoles, the trend has moved towards the older populations.

This is due to the subsequent increase in cost and the enchanting real-like graphics that make it irresistible.

The issue, however, is that not all adults play games, and you would need to know where to locate the target population to make your business a success.

Adults in metropolitan cities or at least urban areas are major targets, and you could get this set of people from every State in Nigeria.

All you need to do is focus on the busy cities.

Fixed and Operational costs

Whether you decide to open a single lounge or have branches; hire assistants, or run it with family (not advisable); you must understand that you will part with a significant amount of cash.

You need to consider the operational costs of running the gaming business daily before diving into it. You would have to consider how you intend to run your lounge.

Which electricity source would you depend on?

How do you intend to update games to keep with the trend?

Do you plan to have almost all game sets available, or would you rather stick to dinosaur sets like FIFA franchises?

You also need to consider rental fees that you will need to handle yearly.

These calculations are very important as updating game sets can be very expensive.

For example, the cracked version of the ePES 2020 was over ₦20,000, and this is a supposedly cheaper football franchise to FIFA, and you would need to update these games yearly.

The Right Game Providers And Games

You have to understand that why there are hundreds of video games that you can pile up in your lounge, Nigerians have favorites, and fortunately, these favorites are pretty much generic.

Some of the popular game sets are FIFA, ePES, God of War, GTA, and some other few.

You have to know the games that the Nigeria space loves and make sure you have them available. You could add others as popular ones like Mortal Kombat, W2k series, and so on

Register The Gaming Business

This is not negotiable as it saves you a lot of stress when it comes to dealing with enforcement agencies and other elements.

The Corporate Affairs Commission (CAC) is the accredited business registration commission in Nigeria.

Is Gaming Business Profitable?

Rough cost analysis.

Yes, it is, and with a great business plan having a three-year revenue analysis, you could build an empire out of it.

Previously, there was a time when a 10-minute football match was only ₦50.

Now, that same time frame costs as much as ₦100 to ₦200.

Under the assumption that a video game costs ₦100 and a 100 game set is played daily, then you should have ₦10,00 for the day.

If you run a 6-day weekly business, you would have ₦60,000 for the week.

If running cost is about ₦15, 000 – ₦20, 000 (highest possible running cost when there are unexpected repairs) weekly, you would have ₦40,000 to ₦45,000 weekly

40, 000 X 4weeks = 160, 000 monthly

160, 000 X 12 months = 1,920,000 Gross profit

Ideal Operation-Fixed Cost Include:

Rent = 20,000 monthly X 12 months = ₦240,000 annually

Miscellaneous yearly expenses = ₦ 100,000

Net Profit = 1,920,000 – 340,000 = 1,580,000.

You are still a millionaire at the end of the month.

Note, however, that this analysis is on the ground that there are at least two game sets available, and the lounge would be open from 8am to 8pm.

Also, it is possible to make more money in the long run if you decide to open other branches.

You should also note that this would affect the supposed income of the year if a new branch were opened.

Gaming Business Break-Even Analysis

Before break-even analysis is discussed, below are examples of starting fixed costs. These costs are very important in computing when you will achieve break-even:

Gaming Business Starting Fixed Cost

  • Business registration
  • Game Consoles (PS2 OR PS3, XBOX360, and many more)
  • Step-down Adaptors.
  • Tables and Chairs.
  • Generator power Set
  • Miscellaneous

Starting this business from scratch means you will need to get some tools to work with.

While it is possible to have some of this equipment, this analysis will be computed under the assumption of the opposite.

A break-even analysis is a prediction cash model that predicts how long it will take you to recover all the expenses in setting up the video game lounge assuming all expenses remain the same.

Mathematically, it is,

Break-Even Analysis = year where total profits- total expenses = 0

Once a break-even has been achieved, then that is when you really start to make a profit.

The section above discussed a possible cost analysis, and the expected annual cost was a total of ₦340,000.

This should be called the yearly running cost.

To know when you achieve break-even, you will have to calculate the setting fixed costs of setting up the lounge and add it to the yearly cost of running the business.

Then subtract these from each year's profit.

The year where subsequent yearly profits exceed the starting fixed cost and the yearly running expenses is the year break-even has been achieved.

See an example for elaboration:

Suppose it took you 1,000,000 to get the starting fixed costs handled, then automatically, you already have an expense of that amount.

For your business first year, if you had a yearly running cost of ₦ 340,000 and made a profit of ₦900,000 due to the fact that it was the first year, then your break-even analysis would be:

B.E analysis = 900,000 – 1,000,000 – 340,000 = -440,000

This means that while you were able to cut down on your expenses of one million for the first year, you have still not made any real profit, and in the real sense still running at a loss.

For year two, if you have a running cost of ₦340,000 and a yearly profit of ₦1,000,000 then:

B.E analysis = 1,000,000 – 440,000 – 340,000 = 220,000

This calculation means that you were able to break even in the second year, and you have your first real profit 24 months since opening your lounge at the sum of ₦220,000.

The break-even analysis help people know if a business is worth going into or not.

Advice On Gaming Business

As an extra tip, you should understand that the environment or country that you run a business might have a significant effect on your business, which is the case with a gaming business in Nigeria.

Naturally, a game business should be just like every normal legal business, but the public perception of gaming lounges makes it seem like an illegal activity which on an honest scale is extremely wrong.

The biggest problems that you would likely encounter in your business are having to deal with parents of gamers and unlawful police raids.

This section is targeted to handle these two major problems so you have a successful business free from unnecessary loss.

The tips will be divided into two general sections, one targeted at addressing parents and the other at handling the law enforcement agencies.

Tips To Tackle Parents Issues

It is not uncommon to see parents burst into gaming lounges to demand refunds after their kids or wards play games in these lounges.

You can have a strong ground by setting the following rules:

  • Ensure that you have a written rule prohibiting school uniformed teenagers from entering the lounge.
  • Prohibit teenagers and kids between the age of 8 to 18 from accessing your lounge during school hours.
  • Have a written and signed non-refundable policy for games played
  • Have a written statement that emphasizes that you run a legal profit-yielding business, have the right to operate without any restriction, and will not bear responsibilities for customers' game spending.
  • Make sure that all of the rules above are printed in a signed document with headings “RULE OF ENGAGEMENT” and ensure that it is easy for lounge visitors to see them.

Tips To Tackle Police Issues In Gaming Business

Make sure your business is registered with the Corporate Affairs Commission and always have the documents in your lounge to tender in case of any raid.

Try as much as possible to restrict dubious personalities like well-known cultists or area boys from accessing your lounges as these elements easily draw security enforcements to themselves.

SEE ALSO | Paul Onuachu Biography, Networth, Salary, Wife, Age

With these tips on how to start a gaming business in Nigeria, you are good to go. Cheers!

This article was most recently revised and updated 3 years ago

How To Start A Gaming Business In Nigeria – An Honest Guide

Log in to leave a comment

How To Start A Gaming Business In Nigeria – An Honest Guide

Nigerians with Premier League relegation

How To Start A Gaming Business In Nigeria – An Honest Guide

Arsenal vs. Chelsea: When Nwankwo Kanu scored a Hattrick

How To Start A Gaming Business In Nigeria – An Honest Guide

Taiwo Awoniyi’s Forest docked 4 points. Are they faves for the...

How To Start A Gaming Business In Nigeria – An Honest Guide

Taiwo Awoniyi is why Nottingham Forest will stay up

How To Start A Gaming Business In Nigeria – An Honest Guide

Taiwo Awoniyi back on the score sheet in return to action

How To Start A Gaming Business In Nigeria – An Honest Guide

Nigerian striker hands Premier League side relegation boost with return to...

GOALBALL

  • About GoalBall
  • Terms & Conditions
  • Cookie Policy
  • Business Idea

Top 10 Computer Game Center Business Tips

' src=

  • February 13, 2024

Computer Game Center Business Tips : Here are detailed instructions on How to Start Computer game center business in Nigeria.

Since 1947, Computer games have survived the trial of time to close some portion of everyday life.

Actually, many individuals’ basic can’t manage without it.

Its capacity to get individuals dependent has made business opportunity.

Corridors built up as PC Computer game business centers vouch for the way that it is a reasonable method for vocation.

All in all, how would you start a Computer game business?

BusinessHAB partners with over 1000+ experts from a wide range of fields to ensure our content is accurate and based on well-established research and testimony. Content Managers conduct interviews and work closely with each expert to review information, answer reader questions, and add credible advice. Learn more about our editorial process and why millions of readers trust BusinessHAB. Do You Have any information to share with us? Do well to contact us on Email below. You can request publication of your article for publication by sending it to us via our Email below.

Read also:  Top 30 Man-power Business in Nigeria

Computer Game Center Business Tips

Profitability analysis of computer game business in nigeria.

As the days pass by, numerous more games become possibly the most important factor, making the fate of the Computer game business practical.

Hence, changing decisions of life is a factor to consider when beginning a PC Computer game business center.

In Nigeria today, numerous people are related (specifically or by implication) to various sort of games, these range from indoor games, open air games, and Computer games.

Nigeria harbors game devotee and these can be utilized as leeway to business visionaries.

Who are searching for the suitable business that can generate benefit in a little measure of time.

Game center business is very lucrative in Nigeria.

You just need to know the nitty-gritty of its start-up and operation.

And you can make certain of a feasible business.

See also: How to Start Fish Importation Business in Nigeria

See also:  How to start GSM Shortcode business in Nigeria.

What is a Computer game center ?

A game center is a place where exercises of indoor (and possibly open air) games happen.

A place where game (video, board) fans meet to play games against each other.

Computer game centers are very basic in Nigeria.

A portion of the game centers has open air games.

Swimming pools, tennis court, Golf, and so fort.

While some simply concentrate on the indoor games.

The truth is; indoor games are less expensive than open air games.

However, we will focus on the indoor games.

What are Computer games?

The famous Computer games that individual wouldn’t want to miss in this piece of the world has been soccer.

These are play station games comprising of various alliances and football competitions from around the globe.

Because of adoration for football.

The slant of winning utilizing your group has been the inciting variable of Computer game play.

Kinds of Computer Games You Should have

The PS arrangement has given the stages of play to the greater part of the game.

Xbox 360 gives astonishing fun through the arrangement of different games.

You may also look over any of these:

  • Play station 4
  • Play station 3
  • Nintendo DS
  • Nintendo 3DS
  • Play station Vita

A Step by Step Guide to Starting Your Computer Game Business in Nigeria

1. get your business registered.

Videos games are normally indoor, requiring a level of structure.

A few machines should be assembled to constitute a game domain.

I believe you must have registered your business by now with the Corporate Affairs Commission of Nigeria, CAC.

So, I will lay emphasis on what to do to make your Computer Game Business in Nigeria a success. See the step-by-step guide below.

Read also: 25 Tips to Start Designing Blogging Business in Nigeria

2. Strategically Site Your Game Centre Shop

A Game center is where the game apparatuses are set up and arranged for play.

This is a standout amongst the most important parts of game stations.

A very much found game center outcomes in high support.

Consequently, ensure you get an area where individuals who are game arranged could be found.

The span of your PC Computer game business center ought to rely on upon what number of individuals you envision.

In any case, here and there, area and the shortage of shops could make you utilize whatever is accessible.

All things considered, you need to utilize what is accessible to accomplish your goal by slicing superfluous machines so as to make space for more players.

The cost of a shop/area to be utilized as a game center fluctuates and relies on upon the size and where it is arranged.

3.Get and Setup Your TV sets and Seats

Setting it up: Primarily, what you have to set the place up are TV sets and seats (in a few settings, seats are not required).

The TVs and seats ought to be set to suit two players or all the more.

Yet the general setting ought to be found on the space accessible.

4.Have a Variety of Computer Game Machines Ready

Presently the game machines must be associated with the TVs and tried.

In the event that the game center is sufficiently enormous.

It is ideal to classify it as per games.

Football here, children and family games there.

And different games in their individual positions.

Read also:  Top 18 Fact to Start Entrepreneurial support Services in Nigeria

5.Get a Standby Generator; Guard against power failure.

Generator: Get a standby generator to cater for the inadequacy of PHCN.

Your business will require a steady power supply to keep the game players occupied.

Thus, get UPS to keep the games going when the power comes up short until you reestablish it then again. (utilizing the generator)

6.Select and Offer the Best games:

Your intended interest group is an element.

That could empower you to pick the sorts of games to include.

The most well-known games have been football.

Different games could be found in Nintendo a 3DS family pack.

Which gives youngsters contrasting option to football.

Different games could be included, choosing from the rundown of games above.

Simply discover one that would speak to your group of onlookers.

Note: You need to get the consoles to begin with, new or genuinely utilized.

See also: Tips to Apply for Conventional Business Loan in Nigeria

7. Know how to Make Money from Computer Game Business in Nigeria

You ought to begin by employing at least 3 individuals.

That will guarantee the proficient operation of the place.

These individuals ought to be well learned in the handling of friendliness.

You ought to likewise get an adviser specialist.

That will guarantee the smooth operation of the Equipment of the place.

You ought to guarantee that your costs are very aggressive.

Guarantee likewise, that you convey best of value to your customers.

See also: Top 50 Family Business for Next Generation in Nigeria

8.Know Customer Management in Computer Game Business in Nigeria

You can keep your customers posted by getting data from them on what they truly like.

Attempt and get together with their goals.

Likewise, try to meetup with what’s happening with competitions.

Rivalries in Computer Game Business in Nigeria.

This will make customers to be joined to your place.

Likewise, you ought to guarantee that your customers are dealt with extraordinary.

Likewise try to make exceptional engagements for them, similar to play 3 games and get the last game free.

Of course, this will urge them to return and play more games from you.

Read also:  20 Tips to Start Online Photo Selling Business in Nigeria

9. Estimates of Profits from Your Computer Game Business in Nigeria

Get aggressive cost and settle a decent cost for your games.

Computer games ought to cost N 50/10 mins.

Likewise, game and snooker board ought to be a similar cost.

Table games can go higher (in light of the fact that the games tend to go through more opportunity) to N 100 each.

Here is the breakdown of the reasonable gains you can make in 60 minutes

1 PS 3 reassure game = N 100/10 minutes (2 players) =N 600/Hr

4 PS 3 games = N 600 X 4 = N 2400/Hr

Snooker games = N 100/game (2 players, no less than 3 games in a Hr) =N 300/Hr

Prepackaged games = N 200/game (2 players, at most 2 games in a Hr) = N 200

2 Board games =N 400

See also:  Top 39 Customer’s Satisfaction Business Techniques in Nigeria

10 Get other Avenues to Make More Money from Your Computer game Business?

Game play charges are served in minutes, for example, 10 minutes play could cost N100.00, that is 2 players.

So, at regular intervals, an arrangement of play generates N100.00.

If there are 6 sets in an hour you will make N600.00.

In the event that you have a bustling end of the week.

You may make as much as N7200.00 in 12 hours. It could be more; everything relies on upon how enormous your game center is.

Note: You need to value your customers by giving them extra games.

To keep great planning and record of play, you may require an additional match of eyes.

Players may control the planning.

Hire individuals who will help you run the game house.

Read also:  Top 101 Capacity Plan Business in Nigeria

Note : It will spare you cost an awesome arrangement on the off chance.

That you utilize genuinely utilized apparatuses to begin.

However, you have to exercise care to purchase great ones.

As the days pass by, more Computer games become possibly the most important factor.

Stay in contact with happenings in the realm of Computer games.

It will help you to refresh your game center as needs be.

If you need a complete business plan, please let us know.

Or, you want us to help you set up this business, kindly contact us. Otherwise, Please check out these other business ideas you can do in  Nigeria

Related Tags

  • game center business in nigeria
  • game center business nairaland
  • gaming center business plan pdf
  • gaming center ideas
  • gaming lounge business plan pdf
  • play station business in nigeria
  • video game center nairaland

' src=

BusinessHAB

Gud morning, I would like to start up a computer game Centre… How can u reach me wit ur contacts pls?

Good decision sir, Please work with BusinessHAB.com to carry you along any business line.Thanks.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

Notify me of new posts by email.

You May Also Like

23 best power of scalable databases.

' src=

  • March 10, 2024
  • Business Innovation

17 Tips Exploring 55 and Older Apartments for Rent: A Haven for Active Adults

  • December 18, 2023

23 Ways on How to Present yourself as a Professional in your area of Expertise

  • February 25, 2024

5 Tips to Earn Fast Money in Coupon Business

  • February 7, 2024

7 Tips to Find Your Ideal Job

  • April 8, 2024

16 Steps to Clean Hot Water Dispenser

  • December 21, 2023

Business Plan

Video Games Business Plan in Nigeria

by BusinessPlan Leave a Comment

For decades now video games have played a significant part in entertaining children and young adults on a daily basis. Asides the people in this demographic range, video games also appeal to the young at heart, meaning that it cuts across age and gender, a very strong source of entertainment to all. As a matter of fact to some folks it has become more of a tradition or religion, depending on the way you view it, as they can hardly let a day go by without touching a game pad to play some games.

Gradually enthusiasm for this source of entertainment has grown from just mere fun to becoming a very serious business, as several entrepreneurs are making serious money from just creating a space for people to come play games. If you have a passion for seeing people of all ages entertained and you have a flair for the digital world, then you might as well think of starting up your own game center. If you also have a flair for video games, instead of just spending all your time playing alone, you can churn some good income from your innate desire for games. Since the invention of the first video game, around the year 1947, the gaming world has seen a massive revolution with each year boasting of its own advancements both in game hardware and software. Some people might see the game center business as a waste of time and an unprofitable business stating the reason that most people like to play games in the comfort of their homes. While this excuse may be true to some extent, we should not forget that we live in a society where the average game enthusiast may not be able to afford to own the latest gaming gadgets or software. This means that anyone that can make this available for them will be making some good money off the business.

Having a game center with up to date gaming stations and the latest game software will attract huge patronage thus yielding a lot of profit for the entrepreneur. You should also note at this juncture that a game center does not just make profit from game players’ time, they make a lot of profit from sales and rentals of game software. Game station owners may also want to upgrade their game stations, if you as the game center owner can assist with this, you can also be sure to make some good profit. This also include selling game peripherals like game pads, adapters, connection cables, etc. At the end of the day, you will notice that some way, somehow, there is always profit to be made if you are willing to put some effort into the business.

What exactly is a computer game?

Before we go ahead with this article, it is expedient to explain, howbeit briefly, what a computer game is. A computer game is any game played on a computerized or digital device, some of which include a personal computer, play station, Nintendo, xbox, Gameboy, mobile phones, etc. Some of the most popular games available include soccer (FIFA, Pro Evolution), basketball, tennis, car race, adventure games, etc. Of all these games, the most appealing, especially in Nigeria is soccer, for years now this game has advanced and has been a money spinner for entrepreneurs all over the world.

Also Recommended: How To Start A Sports Betting Website In Nigeria

What is a computer game center?

Having explained what a computer game is, it is only imperative to further expound on the term computer game center. The term really needs no special definition as it is self-explanatory, it is simply a place where gamers come together to play games for a specified fee, it could either be indoor or outdoor, depending on the preference of the entrepreneur.

The types of computer games to have in a computer game center

The number of games that have been produced since the first game invention till date cannot be counted but there are a few which have made their way to the top of the list for gamers all around the world. If you are going to thrive and attract maximum number of gamers to your business, these are the kind of games you should have in your center.

  • Play station 4
  • Play station 3
  • Play station 2
  • Nintendo DS
  • Nintendo 3DS

Note that this is just a guide, you can do some research to get more games. The more games you have, the more people you will attract, and the more profit you are likely to make.

Do you want to get a sample video games business plan in Nigeria? To place your order, pay N30, 000 to:

BANK NAME: FIRST BANK PLC

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 3066880122

After payment, text your full name, email address and title (video games business plan sample) to 07033378184. Your business plan will be sent to your email within 15 minutes.

Guidelines to follow in starting your game center

Here a few guidelines to follow in starting up your computer game center, these are not in any specific order but it will be imperative to imbibe as much of these as you can. I will not be stating any specific prices as the price range may differ based on location.

  • Choosing a suitable location for the business . Before you start up, you should this secret, a game center will not thrive everywhere. You should therefore make serious research to find out the best part of your city for the kind of business you are about to start. There are factors which you should consider before siting your game center so you can be assured of maximum profit. For example it will not make sense to start your game center in a highbrow area since rich kids already have access to all the games they need in their houses. Look for an area with middle class citizens or a place with a predominant student population. This will ensure that you make good profit. You should also seek a place with good power supply and great security. You do not want to be spending too much on buying fuel for your business as it may have adverse effects on your profits on the long run.
  • Rent a very decent space . Another thing to note is that the kind of office you rent for your business matters a lot to how much patronage you will get. Gone are the days where people will just stay anywhere to play games, there is too much competition for that. To get great patronage you must invest a lot in an excellent environment. Ensure that the office you are about to rent is spacious enough to accommodate your clients, it must also be cozy and relaxing. Nobody will pay to play games in inconvenience. The ambience of your game center will determine to a large extent how many return customers you will have and how much referrals you will get.
  • Draw out a business plan . Nobody begins a business with the mindset that the business will remain at the same level for as long as the business exists. This is why you need a business plan, it is the map of navigation of any business. Ensure that you carry out proper research before writing this and ensure that it states in detail your mission and vision statements, your financial projections, your capital requirements and where you hope to be in the nearest future. This will help you get financial assistance and grow the business in geometrical ways.
  • Television sets. Depending on the size of your business, you should have between four and six standard television sets.
  • Gaming consoles or stations. You can stock the different kinds of gaming consoles (which have been stated above) depending on how versatile you want your game center to be. You can also download games to a hard disk to avoid spending too much on buying game disks.
  • This is a nonnegotiable part of any game center. You need to get shelves, tables, chairs, etc. for your equipment as well as for the convenience of the clients.
  • Generating set. Considering the power supply situation of the country presently, it is very important to invest in an alternative power source. Generators are not too costly, depending on the size you want to purchase, and they are an integral part of the computer game business.

Also Read: Football Viewing Center Business Plan in Nigeria

Having these at hand you will also need air conditioners, fans, computers, extension boxes, and more.

  • Fixing your prices . Since you already have knowledge that most of your customers are either middleclass citizens or students, you should know that your prices cannot be outrageous else you will not have any patronage. Ensure to fix moderate prices for gaming sessions and do not be in a hurry to gain all the money spent on establishing the business in a very short while. you can be sure that if you fix your prices a little lower than what is presently obtainable, you will have some good patronage.
  • Follow the trend . Running this kind of business you cannot afford to be obsolete. You must know the current trend of games and follow it, be as current as possible. Provide your customers with the latest games available, this will be a major contributor to growing your customer base. You must constantly be on your toes and abreast of information in the gaming world.
  • Set up rules and regulations for your game center . An adage goes to say that where there is no law, there is no sin. There always a tendency to have unruly gamers who will want to cause chaos with their behaviors at game centers. For this reason you should have a set of laid down rules and regulations to keep them in check. Ensure that you take into consideration the surrounding environment before making these rules so that you do not leave anything out. These regulations should also be subject to periodical reviews.
  • Advertisement of your game center services . With all you have invested in your business, it will be a bit foolish not to publicize it and bring it into public eye. Since it is a game center and every city has its fair share of game addicts constantly on the lookout for game centers it is quite easy to publicize your game center. Just design some attractive flyers and distribute them, have a billboard to state what you do, and do not forget social media which is the new improved way to publicize anything.

Running your game center

In reality, no one can truly prescribe how best to run your business, this is just a suggestion on what I think you should set in place for a successful game center. If you will not be on ground to manage the place, then it is imperative to employ someone that will be. Depending on the size of the place, you can employ between one to three people carrying out different functions. Ensure that they are well equipped to treat customers right and also ensure that there is honesty and transparency in the system.

Profitability of the game center business

As stated earlier, the game center business is very lucrative and highly profitable. Within months you can breakeven and begin to enjoy massive profits. It will all depend on how well the business is managed.

With all these stated I believe you have been adequately educated on how to start up your own game center.

Get your own sample Video Games Business Plan in Nigeria now! To place order, Pay N30,000 to:

BANK NAME: GUARANTY TRUST BANK (GTB)

ACCOUNT NAME:  CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 0044056891

After payment, send your full name, email address and topic (i.e. video games business plan sample) to 07033378184. Your business plan will be sent to your email within 15 minutes.

Video Games Business Plan in Nigeria © www.businessplan.com.ng

Share this:

Leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

Notify me of new posts by email.

  • Business Ideas
  • Grow Your Business
  • Online Business
  • Internet Marketing
  • Use Of Cookie

game center business plan in nigeria

15 Profitable Business Ideas & Opportunities In South Africa for 2024

7 profitable business ideas & opportunities in 3d printing technology, the most profitable food franchise for sale to invest in, starting a food truck business in new zealand – procedure, permits…, starting a pool cleaning business – profitable business plan sample, how to work effectively with a local marketing consultant, the business of opulence: how luxury hotels stay ahead in the…, 10 situations when your business should consult an employment attorney, top tips for success as a new e-commerce firm, partnering with an amazon fba prep centre: what to look for…, examining the top challenges faced by start-ups in australia, how artificial intelligence is changing appraisal management and how to adapt, peter’s success: navigating nyc’s vacation rental business legally, starting a small business in australia – an overview, breathing life into old buildings: the marketing magic behind revitalizing properties…, 5 reasons to combine dropshipping with shopify, 5 new online business trends for 2024, andrew’s inspiring blogging success: from passion to prosperity, 5 ways to make money from home right now, success in e-book publishing business: a journey from dream to reality, seo tactics tailored for the hospitality industry, marketing the unique: strategies for promoting boutique hotels in a competitive…, 4 ways to optimize underperforming email campaigns, how to create product descriptions that convert, starting a game center/lounge – a profitable business plan for video games lover.

business plan for game parlour

The gaming industry is burgeoning, and now more than ever, there’s a demand for offline spaces where gamers can gather, compete, and socialize. If you’re a video game enthusiast, starting a Game Center or Lounge can be a lucrative venture, turning your passion into profit. Here’s a detailed plan to help you set the stage for a successful Game Lounge.

Business Plan for Starting a Game Center/Lounge :

1. market research :.

Understand the local demand. Is there a sizable youth population? Do colleges exist nearby? The target audience will dictate your gaming selection and pricing.

2. Location :

Choose a location frequented by the youth – near educational institutions or popular hangout spots. Ensure it’s easily accessible and safe, especially during late hours.

3. Game Selection :

Start with 10 high-end gaming machines. Keep a mix of popular genres – action, strategy, sports, and racing. Regularly update the games based on the latest trends and customer preferences.

Popular Game Selection for UK and USA Game Lounges :

When it comes to game selection, staying updated with the latest trends and customer favorites is essential. Here’s a list of games that have been popular in the UK and USA, making them potential hits for your Game Lounge:

1. Console Games :

  • FIFA Series : A favorite among football/soccer fans. With annual updates, it remains a must-have for any game lounge.
  • Call of Duty Series : This first-person shooter game has a massive fan following. With multiple editions like “Call of Duty: Warzone” and “Call of Duty: Black Ops”, it offers various modes for players.
  • NBA 2K Series : Basketball enthusiasts flock to play this game. The realistic gameplay and graphics make it a favorite.
  • Madden NFL : An American Football video game series with a vast audience in the USA.
  • Red Dead Redemption 2 : An action-adventure game set in the Wild West. Its intriguing storyline and multiplayer mode make it a hit.

2. PC Games :

  • League of Legends : A multiplayer online battle arena (MOBA) that has tournaments held worldwide.
  • Counter-Strike: Global Offensive : This first-person shooter game has a competitive scene and is a staple in most game lounges.
  • Fortnite : A battle royale game that has taken the world by storm with its fun graphics and gameplay.
  • Valorant : A team-based tactical shooter that’s gaining momentum.
  • Minecraft : This sandbox game allows players to build and explore virtual worlds.

3. Virtual Reality (VR) Games :

  • Beat Saber : A VR rhythm game where players slash beats of adrenaline-pumping music.
  • Half-Life: Alyx : This game offers an immersive first-person shooter experience in VR.
  • Superhot VR : A unique first-person shooter where time moves only when the player moves.

Remember, while these games are popular now, the gaming industry evolves rapidly. Keeping your game lounge updated with the latest releases and customer preferences will ensure a steady flow of gamers eager to experience the newest games on the market.

You can integrate this section after the initial “Game Selection” in the business plan to provide a comprehensive list of popular games to consider for the lounge.

4. Additional Entertainment :

Apart from video games, invest in a pool table, air hockey, or even a foosball table to diversify the entertainment quotient.

5. Comfort & Ambiance :

The interior design should resonate with a modern and vibrant theme. Ensure comfortable seating, perhaps gaming chairs or bean bags. The lighting should be adequate but not glaring.

6. Refreshments :

Offer a range of snacks and beverages. Consider partnering with local eateries for food deliveries. Remember, well-fed gamers stay longer!

7. Licenses & Permissions :

Ensure you have all necessary permissions, especially for copyrighted games. Also, consider noise regulations and licenses for food and beverages.

8. Safety & Security :

Ensure that the premises are safe with CCTV surveillance. The machines should also have anti-theft measures.

Marketing the Business :

  • Social Media Buzz : Use platforms like Instagram and Facebook. Share behind-the-scenes, updates, and host virtual tournaments.
  • Membership Deals : Offer discounts or packages for members to build a loyal customer base.
  • Collaborate with Streamers : Partner with local game streamers or influencers for shoutouts.
  • Host Tournaments : Regularly organize gaming tournaments with attractive prizes.
  • Local Advertisements : Use local newspapers, radio, and college notice boards for promotions.

Engaging the Customers :

  • Leaderboards : Showcase top players and their scores to invoke a competitive spirit.
  • Theme Nights : Organize events like ‘Retro Game Night’ or ‘FPS Fridays’.
  • Rewards System : Offer loyalty points or rewards for regular customers.
  • Feedback Loop : Encourage feedback and suggestions, and act upon them.
  • Regular Updates : Keep updating the game library, keeping in sync with the latest trends.

Managing Day-to-Day Operations :

  • Trained Staff : Hire staff who understand games and can assist or guide the gamers.
  • Maintenance Schedule : Regularly service the machines and keep them in top-notch condition.
  • Inventory Checks : Regularly update the snacks and beverages section, ensuring freshness.
  • Accounting : Maintain a daily log of earnings, expenses, and memberships. Consider using accounting software.
  • Customer Service : Address grievances promptly. Happy customers are repeat customers.

Conclusion :

Starting a Game Lounge requires passion, dedication, and a keen understanding of the gaming community’s preferences. With the right mix of games, ambiance, and customer engagement, your game center can become the go-to spot for game enthusiasts in your city. All the best on your venture into the gaming world!

RELATED ARTICLES MORE FROM AUTHOR

Starting a food truck business in new zealand – procedure, permits & license, starting a new business abroad: is it worth it.

I would like to know more information on the subject “Starting A Game Center/Lounge – A Profitable Business Plan For Video Games Lover”

Hi Friend, I m planning a game cafe in hyd and i need advise is that workable business? I read lot of articles in web and its throwing me in confusion. planning console gaming with ps4 along with food lounge. budget 10L max. Could you plz help me on this.

Thankyou, Chandrasekhar

sure email me i would be interested to start a buissness with you 50 50

Hi Friend, I m planning a game cafe in bellary and i need advises regarding that workable business? I read lot of articles in web and its throwing me in confusion. planning console gaming with ps4.

Hi Chandrasekhar, I am currently working in Hyderabad and looking to open a gaming Cafe.. I just wanted to know whether have you already opened one? If so, could you please let me know how is the business and revenue turning up? As expected or low?

Another thing, if you haven’t set up a gaming cafe yet, then can you let me know the reasons which held you back from opening one?

Thank you in advance for your response.

Please suggest some games

I would like to know the statutory, Registration and GST related for a Gaming Lounge.

LEAVE A REPLY Cancel reply

Save my name, email, and website in this browser for the next time I comment.

TRENDING ARTICLES

20 best franchise business opportunities under 10k dollars in the usa, 20 best business ideas & opportunities in dubai – uae.

  • Advertise With Us
  • Privacy Policy

Privacy Overview

How to Start a Game Center Business

A game center is a place where people can come together to play video games, compete in tournaments, and form a community of their own.

Learn how to start your own Game Center Business and whether it is the right fit for you.

Ready to form your LLC? Check out the Top LLC Formation Services .

Game Center Business Image

Start a game center business by following these 10 steps:

  • Plan your Game Center Business
  • Form your Game Center Business into a Legal Entity
  • Register your Game Center Business for Taxes
  • Open a Business Bank Account & Credit Card
  • Set up Accounting for your Game Center Business
  • Get the Necessary Permits & Licenses for your Game Center Business
  • Get Game Center Business Insurance
  • Define your Game Center Business Brand
  • Create your Game Center Business Website
  • Set up your Business Phone System

We have put together this simple guide to starting your game center business. These steps will ensure that your new business is well planned out, registered properly and legally compliant.

Exploring your options? Check out other small business ideas .

STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

What will you name your business?

  • What are the startup and ongoing costs?
  • Who is your target market?

How much can you charge customers?

Luckily we have done a lot of this research for you.

Choosing the right name is very important. Read our detailed guide on how to name your business . We recommend checking if the business name you choose is available as a web domain and securing it early so no one else can take it.

Want some help naming your game center business?

Business name generator, what are the costs involved in opening a game center business.

Costs vary for owners depending on where they open. A franchise can cost more than $200,000 and require substantial capital and liquid assets. You may be able to open for considerably less than this if you scout for cheaper equipment or open in a less desirable section of town.

What are the ongoing expenses for a game center business?

Game centers need to budget for the cost of their space, the maintenance of their machines, and the salaries of their staff. They’ll also need to factor in the cost of advertising and ongoing commercial insurance

Who is the target market?

The target market can be any video game player, whether they’re serious or casual. Gaming centers welcome people of all skill levels, whether they have a few minutes to play or several hours. This market does skew toward young males under the age of 35 who have enough disposable income to participate in new games.

How does a game center business make money?

Game centers make money by charging customers to use their facilities, typically by the hour or per day. They may also rent out their facility for private events, such as birthday parties.

Game centers can charge around $20 a day for an all-day pass on the weekends. They may offer all-day passes on the weekdays for $10 or feature ‘happy hour’ pricing at a drastically reduced price of $5. A birthday party with up to 18 stations may cost between $500 – $600. This includes everything from favors to refreshments.

How much profit can a game center business make?

Profits for a gaming center can vary based on location and marketing strategies. However, because the machinery is already paid for, the margins for profit can be quite high as long as the technology is well-maintained.

How can you make your business more profitable?

Owners can sell merchandise or gaming accessories to make themselves more profitable. They can also host a game exchange, where they take a small cut of the sales (or a flat rate from each guest) for facilitating the event.

Want a more guided approach? Access TRUiC's free Small Business Startup Guide - a step-by-step course for turning your business idea into reality. Get started today!

STEP 2: Form a legal entity

The most common business structure types are the sole proprietorship , partnership , limited liability company (LLC) , and corporation .

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your game center business is sued.

Form Your LLC

Read our Guide to Form Your Own LLC

Have a Professional Service Form your LLC for You

Two such reliable services:

You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.

Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services . You can choose to hire a registered agent or act as your own.

STEP 3: Register for taxes

You will need to register for a variety of state and federal taxes before you can open for business.

In order to register for taxes you will need to apply for an EIN. It's really easy and free!

You can acquire your EIN through the IRS website . If you would like to learn more about EINs, read our article, What is an EIN?

There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides.

STEP 4: Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset protection.

When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil .

Open a business bank account

Besides being a requirement when applying for business loans, opening a business bank account:

  • Separates your personal assets from your company's assets, which is necessary for personal asset protection.
  • Makes accounting and tax filing easier.

Recommended: Read our Best Banks for Small Business review to find the best national bank or credit union.

Get a business credit card

Getting a business credit card helps you:

  • Separate personal and business expenses by putting your business' expenses all in one place.
  • Build your company's credit history , which can be useful to raise money later on.

Recommended: Apply for an easy approval business credit card from BILL and build your business credit quickly.

STEP 5: Set up business accounting

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Make LLC accounting easy with our LLC Expenses Cheat Sheet.

STEP 6: Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.

Federal Business Licensing Requirements

  Certain state permits and licenses may be needed to operate a Game Center. Learn more about licensing requirements in your state by visiting  SBA’s reference to state licenses and permits .

State & Local Business Licensing Requirements

For information about local licenses and permits:

  • Check with your town, city or county clerk’s office
  • Get assistance from one of the local associations listed in  US Small Business Associations directory of local business resources .

Most businesses are required to collect sales tax on the goods or services they provide. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses .

Trademark & Copyright Protection

If you are developing a unique product, concept, brand, or design, it is prudent to protect your rights by registering for the appropriate trademarks and copyrights.

Learn more about trademark and copyright protection

The nature of legal requirements in distance education is ever changing, especially in regards to copyright laws. Here is  a frequently updated resource, which can help keep you aware of the legal requirements .

Certificate of Occupancy

A Game Center business is generally run out of a storefront or standalone building. Businesses operating out of a physical location typically require a  Certificate of Occupancy  (CO).  A CO confirms that all building codes, zoning laws and government regulations have been met.

  • If you plan to lease a location :
  • It is generally the landlord’s responsibility to obtain a CO.
  • Before leasing, confirm that your landlord has or can obtain a valid CO that is applicable to a Game Center store business.
  • After a major renovation, a new CO often needs to be issued. If your place of business will be renovated before opening,  it is recommended  to include language in your lease agreement stating that lease payments will not commence until a valid CO is issued.
  • If you plan to purchase or build a location :
  • You will be responsible for obtaining a valid CO from a local government authority.
  • Review all building codes and zoning requirements for your business’ location to ensure your Game Center business will be in compliance and able to obtain a CO.

STEP 7: Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss.

There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face, begin with General Liability Insurance . This is the most common coverage that small businesses need, so it’s a great place to start for your business.

Another notable insurance policy that many businesses need is Workers’ Compensation Insurance . If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage.

STEP 8: Define your brand

Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.

If you aren't feeling confident about designing your small business logo, then check out our Design Guides for Beginners , we'll give you helpful tips and advice for creating the best unique logo for your business.

Recommended : Get a logo using Truic's free logo Generator no email or sign up required, or use a Premium Logo Maker .

If you already have a logo, you can also add it to a QR code with our Free QR Code Generator . Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website.

How to promote & market a game center business

Gamers spend a good deal of time on the internet, so you may want to consider local advertising on social media channels, such as Facebook or YouTube. Consider making videos geared toward the gamer first — not for advertising your business. For example, make a ‘Top 10 Tips’ for your hottest game. A local gaming celebrity may be willing to promote your business online as well. Finally, owners can incorporate more traditional marketing, such as flyers, radio, or TV ads, as a way to round out their approach and really get the word out.

How to keep customers coming back

Customers want to have fun, make friends, and learn some new skills. They want to be recognized for the skills it took them so long to build. The more you can give them the technology and the facilities they need to thrive, the more likely it is that people will want to come back.

Owners also need to stay on top of the latest games, so their inventory and selection are always fresh. Listening to customers and adapting your business model to the latest trends can be a good way to maintain loyal customers while still attracting others.  

STEP 9: Create your business website

After defining your brand and creating your logo the next step is to create a website for your business .

While creating a website is an essential step, some may fear that it’s out of their reach because they don’t have any website-building experience. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler.

Here are the main reasons why you shouldn’t delay building your website:

  • All legitimate businesses have websites - full stop. The size or industry of your business does not matter when it comes to getting your business online.
  • Social media accounts like Facebook pages or LinkedIn business profiles are not a replacement for a business website that you own.
  • Website builder tools like the GoDaddy Website Builder have made creating a basic website extremely simple. You don’t need to hire a web developer or designer to create a website that you can be proud of.

Recommended : Get started today using our recommended website builder or check out our review of the Best Website Builders .

Other popular website builders are: WordPress , WIX , Weebly , Squarespace , and Shopify .

STEP 10: Set up your business phone system

Getting a phone set up for your business is one of the best ways to help keep your personal life and business life separate and private. That’s not the only benefit; it also helps you make your business more automated, gives your business legitimacy, and makes it easier for potential customers to find and contact you.

There are many services available to entrepreneurs who want to set up a business phone system. We’ve reviewed the top companies and rated them based on price, features, and ease of use. Check out our review of the Best Business Phone Systems 2023 to find the best phone service for your small business.

Recommended Business Phone Service: Phone.com

Phone.com is our top choice for small business phone numbers because of all the features it offers for small businesses and it's fair pricing.

Is this Business Right For You?

This business is great for entrepreneurs who understand the mindset of the average video game player and what they’re looking for in their gaming experience.

Want to know if you are cut out to be an entrepreneur?

Take our Entrepreneurship Quiz to find out!

Entrepreneurship Quiz

What happens during a typical day at a game center business?

Game centers host video game players from all walks of life. Staff will spend time setting the stations up, selling merchandise, chatting with customers, researching new games, and maintaining the cleanliness of the space. Owners will need to advertise, prepare budgets, and manage employee requests and guest expectations alike.

What are some skills and experiences that will help you build a successful game center business?

Game centers will take a lot of persistence to get off the ground, so owners will need to be ready to sell their business to the public. Formal education is not necessarily required, but having experience in sales and business management will help immensely. Ideally, you should also have deep ties to the larger gaming community. This can help you determine which games to carry and what customers are looking for in a center.

What is the growth potential for a game center business?

The video game industry brought in $108.9 billion in revenue last year alone. Gaming centers are still something of a niche market, but one that’s supported by an ever-growing customer base. There is a need for a different venue for gamers to practice their skills and build a community.

TRUiC's YouTube Channel

For fun informative videos about starting a business visit the TRUiC YouTube Channel or subscribe to view later.

Take the Next Step

Find a business mentor.

One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.

Having a support network in place to turn to during tough times is a major factor of success for new business owners.

Learn from other business owners

Want to learn more about starting a business from entrepreneurs themselves? Visit Startup Savant’s startup founder series to gain entrepreneurial insights, lessons, and advice from founders themselves.

Resources to Help Women in Business

There are many resources out there specifically for women entrepreneurs. We’ve gathered necessary and useful information to help you succeed both professionally and personally:

If you’re a woman looking for some guidance in entrepreneurship, check out this great new series Women in Business created by the women of our partner Startup Savant.

What are some insider tips for jump starting a game center business?

Game center owners are still in uncharted territory, and much of your success will depend on the inherent interest in your area. In neighborhoods that already have a dedicated gaming community that needs a common space, you may be able to open in an out-of-the-way location. However, most owners will likely want to open in a busy area to encourage word of mouth and general interest.

If you’re already a dedicated gamer yourself, you should be promoting your business to anyone in the area who may be interested. In fact, polling people to find out their enthusiasm level in a communal space can give you a better idea of how to structure your business model. For example, if more people are interested in straight tournaments rather than open gaming, you can coordinate your weekend events to meet demand.

In the same vein, owners will also need to find out from what angle they want to promote their business. For example, are they trying to provide gamers with a chance to meet new people and make friends? Or do they want to give gamers a platform where they can show off their skills? Obviously, people can come for both reasons, but owners should have a clear branding strategy when it comes to getting the word out.

Look for ways to attract new people into your facility whenever possible. For example, do you have a communal space where you can host more traditional card games, such as Magic the Gathering? Or can you appeal to casual video game players with amateur contests (featuring big prizes) on certain nights of the week? Parents might enjoy a night away from their children where they can engage in a fun competition. The more creative you are, the more likely it is you’ll be able to appeal to a much wider base.

How and when to build a team

You’ll need a staff to maintain daily operations from the very beginning. Look for employees who are friendly, efficient, and knowledgeable about the gaming community. As time goes by, consider hiring your most loyal customers, as they will already be familiar with the clientele and the selection.

Have a Question? Leave a Comment!

  • Affiliate Marketing
  • Earn money & rewards
  • Freelancing
  • Cryptocurrency
  • Health & relationships
  • Lifestyle & Romance
  • Travel & holidays
  • Student deals
  • Student banking
  • Budgeting advice
  • Parents Guide
  • Mobile phones
  • Accomodation
  • TOP 10 ZONE
  • Student News
  • Student Money Cheat Sheet
  • Useful resources
  • Federal Universities
  • State Universities
  • Private University
  • Polytechnics in Nigeria
  • Colleges of Education in Nigeria
  • Monotechnics In Nigeria
  • Schools of Nursing In Nigeria
  • Student Deals
  • Premium Paid course for FREE
  • Mystery Box
  • Free Premium Themes & Plugins WordPress
  • WordPress Guides
  • ATSlibrary Store
  • ATS- supertools
  • Free SEO Analyzer
  • FREE SEO TOOLS
  • Blog service setup
  • Tools we Recommend
  • Premium WP Themes & Plugins
  • Hosting for WordPress
  • Theme Installation
  • Find your Domain
  • Free WordPress Blog Setup
  • About Authors
  • Career @ ATS
  • Our Service
  • Course Database

Logo

  • Submit Post
  • Write For Us
  • 8 Steps to start a video game business in Nigeria in 2022

Adetunji Matthew

Sajad – Meme Coin Alchemy

Sajad – meme coin mastery 2024, how to join the nigerian air force.

Adetunji Matthew

The video gaming business is one of the industries that continues to record outstanding growth in Nigeria and the rest of the world. Millions of people globally love playing games. You can find game enthusiasts enjoying a top-notch  online slot  when they are free, either for fun or profits.

The popularity of video games, especially among the young population, makes the gaming business a lucrative venture. Video games are a source of entertainment for the masses where some people can hardly go a day without indulging in the sport. 

If you are an entrepreneur and would like to invest in the gaming business, you must get it right the first time to run your entity successfully and profitably.

Thankfully, there are plenty of gaming business ideas to explore to start an entity you will love. One of them is starting a video game business where revelers can come to your establishment to play their favorite video games.

Below we will give you a comprehensive guide on the 8 most important steps to start a video game business in Nigeria. 

What's in this guide?

How to start a video game business in Nigeria

1. start with a detailed business plan .

The first step towards establishing a successful gaming business is to have a solid business plan in place. It is particularly important if you are going to be seeking funding for the entity. An excellent gaming center business plan will essentially include setting your goals and how you intend to achieve them. 

Great plans include details that can help improve your chances of success. They feature information like market analysis, customer segmentation, marketing, competitive analysis, cash flow projections, logistics and operations plans, and the path to long-term growth. These plans can also help you accomplish several things, including:

  • Starting your gaming business on the right foot.
  • Remain effective in the development and management of priorities and operations. 
  • Establishing specific short and long-term goals. 
  • Remain credible and coherent with your employees and partners. 
  • Launch a crowdfunding campaign or raise funds for your gaming business.

A well-written plan will also help you  track  the  progress of the entity  when it begins to grow. Gaming business plans are tools that can help you make crucial decisions. Note that entrepreneurship presents endless crisis management and decision-making.

Gaming business plans can also help you anticipate problems you may face during operations to aid you in coming up with realistic solutions. You do not even have to write the plan on your own. There is an option of hiring an expert gaming business plan writer or accountant to help you out. 

Also Read: 18 Small business ideas you can start on Instagram

2.  Get Capital and Equipment 

Your gaming business will ideally be in an indoor location that will require some level of structure to attract as many customers as possible. Consider the capital you have at hand if you do not plan on borrowing extra funds.

The capital you will need to start a gaming business will depend on the number of clients you wish to serve and the type of equipment to buy. Seeing that the venture is mainly electronic, it will not come cheap. However, high investments will likely see you get high returns.

You will need several appliances for this venture, and these include: 

  • A Games Centre- it is the game environment where you will set the equipment for play. Invest in a good space, as this will determine the patronage you will end up with. 
  • TV Sets and Chairs- flat screens and comfortable chairs are non-negotiable if you want to offer unmatched gaming experiences. 
  • Games Consoles, GamePads, and Games – Game consoles to invest in include Play Stations and Xboxes. For your video gaming business to thrive, you will also need to buy actual games for your clients. Try and keep up with new releases so that customers get the products they want at all times. 
  • Generator Set- to keep players busy, you will need a steady supply of power. Generators come in handy when power fails. 

Other optional equipment you can get for your business include sound systems and fans that can give your business a better competitive edge. 

Also Read: 10 Business ideas you can start on Facebook

3.  Get a Strategic Location 

Location is everything when it comes to your gaming business. Understand that the location of your gaming business will set the tone of your entity. It may also decide what customers think about your establishment.

Look for a space that gamers can easily access. Good roads and reliable water and power supply are a few factors to have in mind before you settle for a gaming business location. 

Avoid dingy alleys as your shop may end up being a hideout for criminals. Pick a secure location for the safety of your equipment and clients as well. Most importantly, before you start a gaming business, it is vital to ensure that it is close to the market to increase your chances of success.

A place with tons of foot traffic, especially from younger people, is bound to be a hit.  

If you will be renting out a place, consider the price and determine whether it is within your budget. It is usually best to get a space where you will not need to do a lot of renovations before the gaming business can kick-off.

Remember that you want to pick the perfect location for your gaming business where you will not have to keep moving because it can be inconvenient and expensive. 

Must See: Check our Business Ideas Playlist

4.  Choose the Proper Business Model 

You must have a good business model to run your gaming entity. Common options available when choosing a gaming business model include: 

  • Advertising models 
  • Franchising models 
  • Affiliate marketing models 
  • Razorblade models 
  • Freemium models 
  • Subscription models
  • Reverse razor blade models 
  • Ecommerce models 
  • Agency models 

Compare the various models to determine the one that makes the most sense for your gaming entity. Whether you want to work with a cloud gaming business model or a mobile gaming business model, there are various factors you need to put into consideration. The most important is thinking about the needs of your clients. 

For a flourishing gaming business, you also need to consider how your clients will interact with the gaming business.

It’s vital to also consider your value proposition, competition, and market potential. Be sure to pick a model that ensures you make money and consistently deliver value to your clients. 

5.  Study the Latest Trends and Productions 

Running an outdated gaming business will only see you incur terrible losses. To avoid this, you must be very careful with the products you offer clients. Study the global gaming business to know what works and what does not work.

You cannot only have video games that were produced in the 90s in your portfolio. Extensively research the best companies that offer gaming products for your business. 

Learn what’s hot in the industry and the things to avoid if you want your gaming business to remain relevant. Always remember that your customers are key to driving the success of your video game establishment.

You want to make sure the products and services you offer are in line with what they need and want. It’s also vital to get educated about future gaming and business technologies. This way, you will not spend too much time and other resources investing in something that will be obsolete in the next few years. 

You can gather information about relevant trends for your gaming business in multiple ways. One is through networking with other like-minded individuals. They can help pinpoint the trends you should focus on.

Doing market research can also help you get information straight from the source. Another option to explore is to look at the industry leaders. They can help you jump on the right trends that will see you elevate your gaming business to the next level. 

Also Read: How To Start A Real Estate Business In Nigeria

6.  Register your Gaming Business 

Never attempt to run a gaming business without getting proper documentation. It will save you a lot of headache and harassment from enforcement agencies as well as other elements. CAC (Corporate Affairs Commission) is the accredited  business registration commission in Nigeria .

Register the gaming business in your business name as an entity that is aimed at making gains. Having a unique name prevents other entrepreneurs from using it. In addition to the name, you will need to present other vital information to register your gaming business in Nigeria, such as:

  • General nature of your establishment 
  • Address of your gaming business 
  • Name, occupation, address, and other details of the business proprietors. 
  • Signatures from all the proprietors 

You can also try and source an operating gaming license from the gaming board of the area where you want to set up your entity. It will aid you in getting the license you need to operate a well as accommodate video game lovers legally without security operatives’ interference.

For this, you will need to write an application letter to the Director-General of the Nigeria Lottery Regulatory commission demonstrating your aspiration to start a gaming business in the country. If you get cleared, you will have a clearance certificate that allows you to operate a business in the industry of gambling.

7.  Aggressively Promote your Entity 

If you are just starting your gaming business, you need to spread the word about its existence to attract potential clients. Depending on your marketing budget, there are multiple avenues you can invest in to let people know about your video game entity.

If you do not have too much money, social media is your best bet. Open up pages on various platforms like Facebook and Instagram and put in the effort to promote your pages. 

You can also offer discounts, especially in the first few days. Everyone loves a good introductory offer, and this is bound to bring game lovers your way. You can copy the  200% bonus  model to make your gaming establishment more attractive.

This may even mean that some clients can get to play some games for free. It will allow them to sample what your gaming business has to offer. If they like what they see, they will tell their family and friends, and this is how your establishment will become popular.

Be sure to offer A1 services in your gaming business at all times because it is the only way you will attract customers and retain them for long. 

Must Read: 57 Most Profitable Business Ideas in Nigeria For Student To Do & Make Money Now

8.  Know How to Anticipate and Tackle Issues 

When operating a gaming business, you must also understand the environment where your operations are located. In this case, because it is Nigeria, understand that a section of the population deems video gaming businesses as illegal and socially wrong.

You may have to endure police raids from time to time and complaints from parents of young gamers. This is something that can have a significant impact on your entity. To steer clear of such problems, you need to be well prepared. 

For instance, if parents come screaming into your establishment demanding that their children leave the gaming zone, try to stay calm. It’s also advisable to set rules for your gaming business such as:

  • Ensure that there is a written rule banning teenagers in uniform from visiting your gaming business. 
  • Prohibit access to the game lounge by students during school hours. 
  • Have a non-refundable policy for games revelers play. 

Keep the rules in a place where everyone who enters the gaming lounge can read. When it comes to unlawful police raids, be sure to have your license in place. Try as hard as possible to ensure that dubious people do not frequent your gaming establishment because they will constantly attract law enforcement. 

Also Read: 10 Best Small Business Ideas To Start At Nigeria University

Conclusion 

Running a gaming business in Nigeria can prove to be a profitable venture if you do it right. Following the above steps will put you on the right track to operating a business that will grow, and you will be proud of. 

Do you operate or want to start a gaming business? Which steps above have you followed? Do you have any other valuable advice for an individual looking for useful information on how to start a gaming business? We would love to hear from you in the comments.

LEAVE A REPLY Cancel reply

Save my name, email, and website in this browser for the next time I comment.

spot_img

Find a domain starting at $0.88

powered by Namecheap

How to save money in dollars as a Nigerian

10 best places to study in europe, what's trending, professional business plan writing services, ict mentorship – inner circle trader complete course updated 2022, zm capitals full course updated 2022, free ebooks.

  • AidTheStudent
  • Business ideas
  • Download Paid Courses For Free
  • Earn money & rewards
  • EXTRA GUIDES
  • Free Premium WordPress Themes & Plugins
  • Health & relationships
  • Lifestyle & Romance
  • Start A Blog
  • Subject combination
  • Travel & holidays
  • Universities in Nigeria

Akin Alabi – How To Sell To Nigerians

game center business plan in nigeria

More Articles Like This

How to start shawarma business in nigeria, how to become a voice-over artist, how to become a professional chef, 10 cheapest businesses to start in nigeria (2023), how to solve the forex deficit nigeria, 5 ways to earn in dollars in nigeria (2024), 10 apps that pay you to walk (2024), how to make money listening to music (2024), 10 websites that pay you to browse the net (2024), how to apply for chinese government scholarships from nigeria, 10 most economically friendly cities in nigeria, 5 things single people can do on valentine’s day, recent posts, student picks.

  • Blog Setup Services
  • Domain Checker
  • Parents’ guide to university

Stay in touch

To be updated with all the latest news, offers and special announcements.

  • Useful tools and resources for students
  • DMCA Removal
  • Privacy & Policy

Disclaimer: All content on this website is based on individual experience and journalistic research. It does not constitute financial advice. Aid the Student and its authors are not liable for how tips are used, nor for content and services on external websites. Common sense should never be neglected! We sometimes use affiliated links which may result in a payment following a visitor taking action (such as a purchase or registration) on an external website. This helps keep Aid the Student free. The user experience shouldn’t be any different, and our editorial decision making is not affected by such links.

Privacy Policy - Sitemap - © 2022 Aid the Student. All Rights Reserved.

#1 Source For Digital Download Online Courses | Elearning Resources. Visit: www.atslibrary.com

Pin It on Pinterest

  • https://www.facebook.com/aidthestudent
  • https://www.twitter.com/aidthestudent

BusinessDojo

Item added to your cart

How to write a business plan for your arcade game room.

business plan for an arcade game room

Starting an arcade game room is a great idea because it provides a fun and interactive environment for people of all ages.

Additionally, arcade games can be a great source of entertainment and revenue for businesses.

But, first thing first, you need to write a business plan.

Creating a business plan helps to identify potential risks and opportunities before starting a new project. It also helps to ensure that the resources needed to complete the project are available.

In short, a good business plan will help ensure the profitability of your arcade game room .

What should you include in the business plan for an arcade game room? How do you define the structure? What are the essential financial measures to include? What's the most efficient way to write a business plan?

Stay with us: we'll tackle all these questions!

One last thing: starting your business plan from scratch is optional.

Feel free to download our customizable business plan for an arcade game room and customize it to fit your needs.

business plan video arcade

How to design a business plan for an arcade game room

Do you require a business plan for your arcade game room.

Yes, you require a business plan for your arcade game room.

Developing a robust business plan will enable you to:

  • get familiar with the arcade game room market
  • make sure you are aware of new trends and include them in your project
  • uncover what makes an arcade game room solid and successful
  • understand the gaming preferences, arcade machine choices, and entertainment experiences desired by customers
  • find a great unique value proposition for your amusement arcade
  • study the competitive landscape
  • find competitive advantages for your arcade game room
  • find a business model that will result in financial success
  • formulate an effective strategy to drive business growth
  • assess potential risks involved in operating an arcade game room, such as equipment maintenance, customer safety, and regulatory compliance

Our team has drafted a business plan for an arcade game room that is designed to make it easier for you to achieve all the elements listed.

How to organize a business plan for an arcade game room?

A carefully crafted business plan includes all the necessary information, numbers, and financial details. There should be a clear structure, so it does not look messy.

When we designed our business plan for an arcade game room , we took care to arrange it appropriately.

There are 5 parts within the business plan.

1. Market Opportunity

The first section is named "Market Opportunity."

Explore this section to find an extensive collection of data and insights on arcade game rooms, including industry trends, popular game titles, customer preferences, and revenue models, providing valuable information for arcade enthusiasts and entrepreneurs.

We keep the data here fresh with regular updates.

2. Project Presentation

The second part is where you introduce the "Project" of your arcade game room. You can describe the variety of arcade games and attractions you offer, retro and modern game selection, family-friendly environment, special events, and the unique value proposition that creates a nostalgic and entertaining experience for gamers of all ages.

Also, provide a self-introduction at the end of this section.

Discuss your love for arcade games, your selection of classic and modern games, and how you plan to create a nostalgic and entertaining arcade game room experience for customers. Highlight your well-maintained machines, your comfortable gaming environment, and your dedication to providing exceptional customer service that allows gamers to immerse themselves in the excitement and fun of arcade gaming at your arcade game room.

We've formulated some language in our business plan. Customize it to fit your idea perfectly.

3. Market Research

After that, comes the "Market Research" section.

In this section, you will find a detailed market segmentation analysis for your arcade game room.

It includes a presentation of other game rooms in the area that will be competing with you. Your game room's competitive advantages are also highlighted. A customized SWOT analysis is included.

4. Strategy

In the "Strategy" section, you will find a detailed plan spanning three years, outlining the initiatives to make your arcade game room highly profitable.

The marketing strategy, risk management strategy and the Business Model Canvas are also part of this section.

5. Finances

In the end, the section titled "Finances" is where you can present the financial plan and breakdown for your project.

business plan arcade game room

How to draft the Executive Summary for an arcade game room?

The Executive Summary provides a brief overview of the business plan of your arcade game room.

Ensure it's concise, with a maximum length of 2 pages. Emphasize only the significant details.

When you present your business plan to a bank, this is the first thing they will read. It needs to catch their attention and make them want to read the rest of the plan.

In the Executive Summary of your arcade game room, provide responses to the following: what services does your arcade game room provide? who is your target audience? are there other arcade game rooms in the vicinity? what makes your room special? what funding do you need?

How to do the market analysis for an arcade game room?

The market study of your arcade game room helps you understand external factors such as customer demands for entertainment venues, competition within the gaming industry, and emerging trends in arcade gaming.

By conducting a comprehensive market analysis, an arcade game room can understand customer preferences, offer a variety of entertaining arcade games, optimize pricing strategies, and execute targeted marketing campaigns, ultimately leading to a loyal customer base, increased revenue, and a prominent position in the local entertainment industry.

Here's what we've included in the "Market Research" section of our business plan for an arcade game room :

  • interesting data points and market insights about arcade game rooms, including popular games, revenue generation, and emerging gaming trends
  • a compilation of potential audiences for an arcade game room
  • the competitor study
  • the potential competitive advantages for an arcade game room

business plan arcade game room

The key points of the business plan for an arcade game room

What's the business model of an arcade game room, business model of an arcade game room.

An arcade game room's business model centers around offering a variety of arcade games and entertainment options to customers. Revenue is generated through game token or credit sales, potentially offering birthday party packages or hosting gaming tournaments.

The business model focuses on providing a diverse selection of popular arcade games, creating a fun and nostalgic gaming atmosphere, ensuring well-maintained game equipment, effective marketing to target gamers and families, and building strong customer relationships based on memorable gaming experiences.

Success depends on offering sought-after game titles, delivering a clean and safe gaming environment, fostering positive customer experiences and recommendations, and continuously updating game offerings to meet the evolving gaming preferences and trends.

Business model vs Business plan

Make sure you differentiate between "business plan" and "business model."

A business model is a blueprint for how a company operates and makes money.

In a business plan, you employ the Business Model Canvas as a practical tool to outline the key aspects of your business model.

Rest assured, there is a Business Model Canvas (already completed) in our business plan for an arcade game room .

How do you identify the market segments of an arcade game room?

Market segmentation for your arcade game room involves dividing your potential customers into different groups based on their gaming preferences, age groups, and demographics.

These categories may include factors such as classic arcade games, virtual reality experiences, family entertainment, or customers seeking specific gaming genres or challenges.

By segmenting your market, you can offer specialized gaming experiences and attractions that cater to each segment's specific requirements. For example, you might focus on classic arcade games and provide a nostalgic gaming environment with popular retro games from the past, offer virtual reality experiences that immerse players in virtual worlds and interactive challenges, specialize in family entertainment and provide a variety of games suitable for all ages, or focus on specific gaming genres or challenges to accommodate customers with specific gaming preferences or skill levels.

Market segmentation allows you to effectively target your marketing efforts, create an exciting arcade ambiance, and provide a fun and memorable gaming experience that meets the unique needs and preferences of each customer segment.

In the business plan for an arcade game room , you will find a detailed market segmentation that gives you insights into your potential customers.

How to conduct a competitor analysis for an arcade game room?

Without surprise, you won't be the only arcade game room in your city. There are other venues providing a variety of arcade games and entertainment experiences for visitors.

Conducting a comprehensive market study and analyzing your competitors' strengths and weaknesses are essential components of a well-rounded business plan.

Be aware of their weaknesses (such as outdated arcade machines, lack of popular game titles, or poor maintenance).

Why is it important to address these elements? Because these weaknesses can impact the customer experience at arcade game rooms.

By focusing on these areas, you can offer a diverse selection of popular and well-maintained arcade games, provide a clean and engaging game room environment, and deliver exceptional customer service, positioning your arcade game room as a go-to destination for fun and entertainment.

It's what we call competitive advantages. You have to build them, it will help make your business stand out.

Here are some examples of competitive advantages for an arcade game room: diverse selection of arcade games, well-maintained and functional machines, exciting and immersive gaming experience, competitive pricing and promotions, comfortable and spacious gaming environment, positive customer reviews and ratings, nostalgic and fun atmosphere.

How to draft a SWOT analysis for a video arcade?

A SWOT analysis can help identify potential opportunities and threats to ensure a successful start for the arcade game room.

As you can guess, there is indeed a completed and editable SWOT matrix in our business plan for an arcade game room

The strengths for an arcade game room

The letter "S" in SWOT signifies Strengths, representing the project's internal factors that contribute to its excellence.

For an arcade game room, possible strengths could include a wide variety of games, a comfortable atmosphere, helpful staff, and competitive pricing.

The weaknesses for an arcade game room

The letter "W" denotes Weaknesses, representing the areas or aspects of the project that could be better.

For an arcade game room, potential weaknesses could include inadequate space, lack of variety in games, outdated equipment, and limited seating.

The opportunities for an arcade game room

The "O" in SWOT symbolizes Opportunities, indicating the potential advantages or favorable factors that can support the project.

In the case of an arcade game room, potential opportunities could include providing classic arcade games, offering redemption games, hosting tournaments, and providing food and drinks.

The threats for an arcade game room

When we talk about the "T" in SWOT, we mean Threats, which are the potential barriers or negative elements from the external environment.

How to elaborate a marketing strategy for a video arcade?

Including a marketing strategy in your business plan is necessary to capture customers and generate profits.

A video arcade can attract gamers and entertainment seekers by implementing a well-executed marketing approach that showcases the arcade's wide selection of video games, immersive gaming experiences, and a vibrant and energetic gaming environment.

Gamers won't visit your arcade game room without proper promotion; showcasing the exciting selection of games, comfortable gaming environment, and immersive experience is necessary.

Are you implementing effective marketing strategies for your video arcade? Consider hosting gaming tournaments or events, collaborating with local gaming influencers or streamers for promotional partnerships, and utilizing social media platforms to showcase your arcade games and special offers.

Don't be troubled if you have no understanding of marketing and communication.

How to build financial projections for a video arcade?

A comprehensive business plan requires a thorough analysis of financial data to ensure its success.

Obviously, you should estimate the projected revenue for your arcade game room.

A revenue forecast that is relevant and credible plays a significant role in making your business plan bank or investor-friendly.

Our financial plan for an arcade game room is designed to be user-friendly, incorporating automatic verifications that assist in identifying and correcting any assumptions. This ensures you can build credible projections with confidence.

Without a doubt, you'll need to come up with a basic budget for starting your arcade game room. Make certain to include all expenses without exception - you can find them all listed in our financial plan!

Including the break-even analysis in your financial plan is important as it shows whether your arcade game room will become a profitable company or not.

  • Choosing a selection results in a full page refresh.
  • Opens in a new window.

The Info Worth | Entrepreneurship and Net Worth Profiles

Business Ideas

How to start small chops business in nigeria.

' src=

About a few months ago my friend was getting married and we needed to make plans – budget on how much to be spent on his wedding right from the traditional to the white wedding , venue, food for the guest. This was a cumbersome task ahead of us that demanded every little time we had after work together but I was willing and devoted to this because it was a joyful thing.

plus the fact that it is a once-in-a-lifetime event. Also, I knew he was also going to support me when it is my turn. Yes, I would not hide that. So we started the budget but first of all, we made a list of everything we can think of as regards having a wedding in Nigeria, and with the support of his fiancé then now wife we were able to come up with something good.

Chinedu told me his budget for the whole wedding was about N1.5M so after thinking and writing down everything that will be needed for the wedding, we started to exclude items we felt we could either replace or do without, that was how we got to – food. And he told me specifically that he would want small chops for his wedding reception because 1. It saves cost and 2.

It will go around for his entire guest at the reception. I asked him why he was not interested in the local Nigerian foods at all. And he told me that based on his budget going for Nigerian food might not be able to go around for all the guests and he does not want complaints besides he wants something different, unique from what you see at the typical Nigerian wedding.

To cut the long story short, we contacted a caterer a small chops specialist for the price of 500 plates because the total number of guests for the reception was 500 that was when I was wowed. The caterer told us that she was going to charge us N500 per plate but she was going to give us the best service.

We tried convincing her to give us a discount but all to no avail. She said usually she charges  N550 – N600  per plate but because this was the first time we are doing business with her she was going to give us for the price of N500 – just for us to try her out.

Still amazed after Chinedu dropped the call, I flipped out my phone and went straight to my calculator app to do the maths of what I just heard and my calculator summed everything we had discussed to N250,000 . “So there’s money in this business”, I said to myself.

Although there were other benefits she mentioned like delivery at our doorstep (bringing the small chops to our venue), bringing her servers, and so on, I could not get my mind off the total money she was to be paid in return, this was how my finding started about small chops business in Nigeria because I wanted to know more.

For those of us that have been attending parties in Nigeria right from the time we were born, we all know small chops never existed at first in our parties. All we had then during our birthday parties, weddings, and burial ceremonies food. Common foods like jollof rice and native foods like amala, pounded yam, and the likes and drinks and the usual cake but along the way, small chops came and changed the way we did parties and the way we treat our guests.

In my further findings, I was trying to know how small chops came into Nigeria but No one has been able to give me a precise story as this came to be. Everyone, I asked all seem to direct their answer to the ideas being an overseas idea – something copied from abroad. I do not know how true this is but share your own idea in the comments.

 Is Small Chops Business Profitable?

Seriously, this is always the question on every Nigerian’s mind when it comes to starting businesses in Nigeria . And this is a good question because we all know the major reason for starting a business is to make profits. Massive profits! If a business is not making money no matter the energy put into it, it is regarded as a total waste of time.

So the question of whether small chops is business in Nigeria is lucrative or not is obvious from the early explanations I have given so far. Yes, small chops business is a lucrative business because you are supplying to groups of people at once (weddings, birthdays, concerts, and so on).

The higher the number of guests required for you to prepare for the higher the profits you make. Let us say you have a contract to make small chops for 1000 guests and you charge a max of N1500 per plate you will be making N1,500,000. This might not necessarily be a huge profit because you have not deducted your expenses but still, it is a big profit.

Also, the demand for small chops for 1000 guests will help you buy your ingredients at wholesale and when you buy in wholesale you make more profit because the ingredients are cheaper, unlike buying from the usual retailers.

So you see here the more guests you have to make for the more profits for you in every way and more gain for the buyer because you can be able to give discounts (as much as you feel you need to). Also, you can still make good money from small chops business. Even if you are making for 20 people or less as you are just starting out.

All you have to do is still buy your ingredients in bulk, make your small chops very delicious, and give good prices to your customers that they will always have to come back.

Equipment Needed for Small Chop Business

There are many of basic equipments you need. You can get all these in your small chops business plan but if you cannot afford that you can just keep reading. I listed them below. You will need basic cooking tools used for cooking in large quantities. Basically, almost all the kitchen utensils in your kitchen you use for cooking but in bigger sizes.

1. Big frying pans

4. Egg mixer

5. Steel dish

7. Turning stick

10. Flat wooden spatula

11. Measuring cups

12. Strainer

The list all depends on you. You can remove it to reduce the cost spent on capital and you can add to it just do what is comfortable for you. As for my opinion on getting a shop, I do not think you need that on starting out the business. From what I have seen from the people already in the business operating your catering business from home right from your kitchen or compound (if it is neat) is always the best.

Location is not the most important thing. It is how well you can deliver and how fast. Instead of looking for funds to get a shop rather create social media campaigns to advertise and make beautiful complimentary cards for the small chops business, you can give to customers especially people who do not know what you do.

This advice is in my small chops business plan but I will talk about this later here in the article.

List of Nigerian Favorite Small Chops

Here’s the list of the favorite small chops Nigerians eat.

2. Spring rolls

3. Mini puff puff

4. Mini sausage rolls

5. Asun (smokes peppered spicy goat meat)

6. Nigerian mini doughnuts

7. Gizdodo/Dodo gizzards (plantain and gizzards)

8. Meat-stuffed yam/potato balls

9. Banana puff puff

10. Nigerian battered plantain

How to Start Small Shops Business in Nigeria

Here is the step-by-step guide on how to start a small chops business in Nigeria.

1. Learn How to Make Small Chops

Small chops business in Nigeria is one of the businesses you can not start without prior expertise according to what I’ve heard from those already in the business. Every boss in the business today started as an apprentice. Asides from the fact that you can learn how to make some of the snacks by watching videos on YouTube, you still need to learn how to make the difficult ones like spring rolls and gizdodo from someone who makes them well (a professional).

Taste is another factor and it’s one of the things you can never learn through YouTube because it is a marketing secret. So you need to learn how to make the snacks from professionals, how to package them and serve them. All these play a vital role in the success of the business.

2. Buying the Cooking Equipment

After learning how to make snacks for the small chops business, the next stage is to buy your cooking equipment to start. It’s not necessary for you to buy the expensive ones now. You can buy the cheap equipment first then as time goes by you can buy the expensive ones. I would have asked you to rent the equipment if you know you cannot afford new equipment.

But this will slow your business in the sense that the equipment might not be available for rent anytime you need it. Besides renting is more expensive in the long run so the best thing here is to buy your own.

3. Advertise the Small Chops Business

I talked a bit about advertisements in the introduction but I feel I still need to give you more ideas on how to go about it. There are two major forms of advertisements. We have; online advertisement and offline advertisement and both are important as regards this business.

For the online, you will need to create a page for your small chops business on Instagram. Adverts for food and clothing tend to turn followers into customers on Instagram faster than Facebook and Twitter combined. You can start small by just posting pictures of your freshly made snacks.

After doing this, as time goes by you can do paid adverts to increase your followership, reach, and brand influence . Also, reach out to food bloggers and try to form a bond (good relationship) with them. You never know as time goes by they may send customers to you.

For the offline adverts, you need to make attractive complimentary cards you can give to people and customers. You can start with just making 1000 copies then as time goes by, if there’s the need to make more you can.

4. Get the First Customers

In starting any business in Nigeria getting your first customer is always the most difficult task but there is a way you can do this with ease and this is by making samples of your small chops and supplying them to those you know are likely to patronize you.

Give these samples of small chops to influential people in different fields so these people will influence their subordinates to patronize you. Also, make sure the sample is the best in terms of taste and looks (looking tantalizing). And after getting your first customer you might need to consider giving huge discounts to make it easy for them to patronize you easily.

Remember the woman customer I talked about in the early of this article? She gave discounts to us because it was our first time doing business with us.

5. Supplying your First Order

When you finally win and get your first order do not take it for granted even if the guests you are making for are small it is still a big deal because if done well those small guests can refer you to big guests. Make sure you put in every detail when you’re supplying this order and make sure everything is perfect.

Deliver on time and also be ready to part with your complimentary cards at the venue (as many as possible). The technique I have seen used times without number by many small chop companies is gluing their complimentary cards to each plate of small chops delivered.

So that all guests can get their cards in case they liked what they ate and want delivery in the future. You can apply this too to reach more customers.

Small chops business in Nigeria is a business that needs patience and time. If you are really passionate about it go into it and you will see with time you will thank God you did. It is not a business only for women and men to do it. In fact, I know men who are in the business.

That is all in this article. What other point did I miss? Please let me know in the comments. I will reply to you ASAP – as soon as possible. Thank you! That is all in this article. As usual, let me know if I missed any part of this article.

Recommended:

37 Most Lucrative Business Ideas in Nigeria

  • How to Start Frozen Food Business in Nigeria
  • How to Start Cupcake Business in Nigeria
  • How to Start Puff Puff Business in Nigeria
  • How to Start Shawarma Business in Nigeria

📡Join Our Social Media Channels:

Facebook: theinfoWorth YouTube: Ralph Finance

Top 15 Untapped Business Ideas in Nigeria

How to Start Laundry Business in Nigeria

' src=

Ralph Bamigboye is an Accountant. He is the owner of TheInfoWorth.com, NetWorthVerse.com and Finance Naija YouTube Channel. He has helped many individuals to start their businesses and make money online. How can he help you?

game center business plan in nigeria

You may like

Video Game Center Business in Nigeria

How to Start Video Game Center Business in Nigeria

How Nigerian Musicians Make Money

How Musicians Make their Money in Nigeria: 10 Ways

Animal Feed Business in Nigeria

How to Start Animal Feed Business in Nigeria

Lucrative Business Ideas in Nigeria

Top 10 Fast Moving Businesses in Nigeria

Egg Supply Business in Nigeria

How to Start Egg Supply Business in Nigeria

Recommended posts.

Starting a video game center in Nigeria is very lucrative. It is a business that never dies due to its...

As a musician or artist in Nigeria, these are the most common ways you can make money.

How profitable is animal feed business, the capital needed, livestock feed production process and more.

This list comprises of different lucrative business that you can start in Nigeria from low to the highest

In this article you will learn what a fast business is and the top fast moving business ideas in Nigeria...

How profitable of egg business, the capital needed to start, and the step by step guide on how to start

Side-hustle-in-Nigeria

Top 10 Profitable Side Hustles in Nigeria

What is a side hustle, here are the most profitable side hustle businesses in Nigeria and how to start

Make Money from Real Estate in Nigeria

How to Make Money from Real Estate in Nigeria: 10 Ways

The real estate business is a lucrative business and these are the best way to make money from it.

Dog Food Business in Nigeria

How to Start Dog Food Business in Nigeria

How profitable is dog food business, capital needed, and the step by step guide to start.

Toiletries Business in Nigeria

How to Start Toiletries Business in Nigeria

How profitable is toiletries business, the capital needed, list of toiletries to sell and more

Board games are most of time categorized as educative games, Although some video games especially some on Nintendo switch console are really good for kid s brain development.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Notify me of follow-up comments by email.

Notify me of new posts by email.

This site uses Akismet to reduce spam. Learn how your comment data is processed .

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: [email protected]

Copyright 2024 All Rights Reserved, Dayo Adetiloye

Privacy policy.

IMAGES

  1. Complete Guide on How to Start a Game Center Business in Nigeria

    game center business plan in nigeria

  2. VIDEO GAMES BUSINESS PLAN IN NIGERIA

    game center business plan in nigeria

  3. VIDEO GAMES BUSINESS PLAN IN NIGERIA

    game center business plan in nigeria

  4. Video Game Business In Lagos

    game center business plan in nigeria

  5. How to Start Video Game Center Business in Nigeria (2022)

    game center business plan in nigeria

  6. Gameaholic Game Center Business Plan by yingkwok wong

    game center business plan in nigeria

VIDEO

  1. African Games 2023: Ghana vs Gambia Volleyball

  2. Nigeria’s investor potential

  3. Video game center torched during Philadelphia furniture store fire

  4. Nigeria needs new ideas, strategy to improve economy

  5. 5 Lucrative Nigerian Business Ideas With N250k Capital

  6. 6 TOP BUSINESS IDEAS TO START IN NIGERIA 2023

COMMENTS

  1. Complete Guide on How to Start a Game Center Business in Nigeria

    Table of Contents. Steps needed on How to Start a Gaming Center Business in Nigeria. Step 1: Research the market and create a business plan. Step 2: Choose a location. Step 3: Purchase equipment and supplies. Step 4: Set up your space. Step 5: Promote your Game center business in Nigeria. Step 6: Train and manage your employees.

  2. 8 Steps to start a video game business in Nigeria (2024)

    How to start a video game business in Nigeria 1. Start with a Detailed Business Plan . The first step towards establishing a successful gaming business is to have a solid business plan in place. It is particularly important if you are going to be seeking funding for the entity. An excellent gaming center business plan will essentially include ...

  3. Game Centre Business in Nigeria: How to Start, Cost & Requirements in

    There's a lot of upfront investment to be made in a game business in Nigeria. So, while looking to start, you'll need anything from 150,000 to 350,000 naira as capital. Keep in mind that this varies based on location. For example, the cost of acquiring a shop in Lagos may differ from how much it costs in Asaba.

  4. How to Start Video Game Center Business in Nigeria In 2023

    Now, let's delve into the steps to start and run a successful video game center in Nigeria. Step 1: Develop a Business Plan. A well-structured business plan is essential for any successful venture. Your video game center business plan should cover various aspects, including:

  5. How to Start Video Game Center Business in Nigeria

    Here are the steps to start a video game center in Nigeria. 1. Write a Business Plan. ... With a minimum of #1.5 million, you can start a small-scale video game business center in Nigeria. This capital will take care of all your expenses at least for the two months of the business and one year rent. 3. Get the Equipment Needed

  6. How to Start a Video Game Center Business in Nigeria

    Starting a video game center can be an exciting and profitable venture, catering to the growing population of gamers. In this blog post, we will provide you with a step-by-step guide on how to start a video game center business in Nigeria. From selecting the right location to equipping your center with the latest gaming technology, we'll ...

  7. 8 Steps to start a video game business in Nigeria

    This is a guide you'll learn 8 Steps to start a video game business in Nigeria01:08 Start with a Detailed Business Plan02:34 Get Capital and Equipment03:54 G...

  8. How To Start A Video Game Centre In Nigeria

    Start a Video Game Centre in Nigeria. Below are some steps that are going to guide you to start a video game centre in Nigeria. 1. Do Market Research and Get a Plan. One step you have to take to start a video game centre in Nigeria is to research the market and see what your potential competitors are doing well and what they're doing badly.

  9. How To Start A Video Game Business In Nigeria

    1. Playstation and X-box. Playstation 2 fairly use is about N12,000 and a brand new one goes for like N25,000. You can make do with a fairly use. If you don't have capital for X-box yet, you can start with PS-2 then. as your business begins to grow then you can add more video games to your collections.

  10. How To Start A Gaming Business In Nigeria

    If you run a 6-day weekly business, you would have ₦60,000 for the week. If running cost is about ₦15, 000 - ₦20, 000 (highest possible running cost when there are unexpected repairs) weekly, you would have ₦40,000 to ₦45,000 weekly. 40, 000 X 4weeks = 160, 000 monthly. 160, 000 X 12 months = 1,920,000 Gross profit.

  11. Top 10 Computer Game Center Business Tips

    Read also: 20 Tips to Start Online Photo Selling Business in Nigeria. Computer Game Center Business Tips 9. Estimates of Profits from Your Computer Game Business in Nigeria. Get aggressive cost and settle a decent cost for your games. Computer games ought to cost N 50/10 mins. Likewise, game and snooker board ought to be a similar cost.

  12. Video Games Business Plan in Nigeria

    Profitability of the game center business. As stated earlier, the game center business is very lucrative and highly profitable. ... Get your own sample Video Games Business Plan in Nigeria now! To place order, Pay N30,000 to: BANK NAME: GUARANTY TRUST BANK (GTB) ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: 0044056891. OR.

  13. Starting A Game Center/Lounge

    Keeping your game lounge updated with the latest releases and customer preferences will ensure a steady flow of gamers eager to experience the newest games on the market. You can integrate this section after the initial "Game Selection" in the business plan to provide a comprehensive list of popular games to consider for the lounge. 4.

  14. Starting a Video Game Center

    Starting a Video Game Centre - Sample Business Plan Template. 1. Choose a Suitable Location. Let us get it straight here; starting a video gaming centre doesn't thrive in every area. The truth is that there are certain factors that must be considered before starting your gaming centre if indeed you want to get good returns on your investment.

  15. How to Start a Game Center Business

    STEP 2: Form a legal entity. The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your game center business is sued.

  16. VIDEO GAMES BUSINESS PLAN IN NIGERIA

    Goal of video game business plan in Nigeria. - 10% market share in our first year. - An increase in our market share by a minimum of 10% for each of our first five year. - Modest increase in our gross margin within the second year of operation. - To boost image and awareness by establishing baseline customer satisfaction of 100%.

  17. 8 Steps to start a video game business in Nigeria in 2022

    How to start a video game business in Nigeria 1. Start with a Detailed Business Plan . The first step towards establishing a successful gaming business is to have a solid business plan in place. It is particularly important if you are going to be seeking funding for the entity. An excellent gaming center business plan will essentially include ...

  18. How To Start A Profitable Video Game Center Business In Nigeria

    Entrepreneurship presents various opportunities for wealth creation in Nigeria. While online businesses are often lauded for their accessibility, not everyone. Entrepreneurship presents various opportunities for wealth creation in Nigeria. ...

  19. Arcade Game Room: get a solid business plan (example)

    A carefully crafted business plan includes all the necessary information, numbers, and financial details. There should be a clear structure, so it does not look messy. When we designed our business plan for an arcade game room, we took care to arrange it appropriately. There are 5 parts within the business plan. 1.

  20. How to Write a Business Plan in Nigeria (8 Simple Steps)

    Here are the steps on how to write a business plan in Nigeria. 1. Write a Detailed Summary. The first step to writing any business plan in Nigeria is to write a detailed summary of the business or company. This part is chapter one - the first page you see when you attempt to read a business plan. When we say a detailed summary we are talking ...

  21. How to Start Small Chops Business in Nigeria

    2. Buying the Cooking Equipment. After learning how to make snacks for the small chops business, the next stage is to buy your cooking equipment to start. It's not necessary for you to buy the expensive ones now. You can buy the cheap equipment first then as time goes by you can buy the expensive ones.

  22. Educative Games Business plan in Nigeria

    This sample Educative Games Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. The Educative Games Business is a lucrative business that needs a lot of strategic planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.

  23. Tech Giant Microsoft Set To Close West Africa Operations Centre In

    Microsoft launched its $100 million African Development Centers initiative in 2019, establishing facilities in both Lagos and Nairobi. ... The Nigeria centre employed over 120 engineers when it ...