Successful Beach Businesses

[tyketime]

It looks like I'm heading down the stretch on the current project I'm working on. I've been an independent SAP Consultant for 14+ years now (having worked the prior eleven years in "Corporate America"), and have been extremely fortunate to have spent the last 13 locally (coinciding with the birth of my first son). The thought of finding another project seems a bit nervewracking in this environment (I've been on my current one for over 8 years). Even worse is the thought my next project may require travel during the week and me only home on the weekends. That is certainly not desirable for me or my family. So... I've been mulling over the idea of getting out of the computer industry and opening a business down at the Jersey Shore. I know... opening up a new business in this economy is probably not the best idea either, but I'm seriously ready for a change.

The question is, what type of store do I want to own/run? I don't have experience enough in the food industry to look at one of the restaurants/snack stands. T-Shirt shops are a dime a dozen. One of my actual dream businesses would be to own an arcade. But there are 3 or 4 already established ones, and I'm not so sure opening up a 5th one would make much sense.

I've begun my research into the percentage of each type store in a couple of shore locations. So I thought it would be interesting to ask you what type of stores/shops do you and/or your family like to frequent when you are at the beach?

[Young Drachma]

Beach Tennis promoter?



The Jersey Shore experience is very different than other parts of the country, because it's so vast, the towns are distinct and it seems to go on forever. It's not reflected anywhere else in the country like that.

Maybe you can buy an existing business? Perhaps check with someone during the off-season and do some research and see if one of those arcades down there are selling. Maybe not one of the huge ones, but a smaller one. Seems like acquiring an existing business -- especially in this economy -- might be better than trying to start from scratch.

From what I remember, many of those places are owned by older people anyway who've been running them forever as basically a family business. Maybe you can get one and help it modernize, etc., while keeping the core essentials the same.

One of those indoor arcade deals that's opened year-round might give you more bang for your buck if there are a legion of regulars who come down to play. But I'm sure talking to people you can get a better sense of whether it's worth it.

[NorvTurnerOverdrive]

there's always money in the banana stand.
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[Alan T]

I don't have much input as far as Beach businesses go unfortunately, but your message is a little mixed to me on your main motivation for the change.

You mention the long hours of IT work and the time away from your family, but you also mention just wanting a change. I've been in IT myself for 16 years now so can appreciate the desire at times for change. I'm concerned though if your main motivation is the hours and time away from your family then I am not sure opening a new business will help with that. It is my understanding that most small business owners, especially when they first start end up having to put in crazy hours just to save money on the bottom line from having to hire others. So I am unsure exactly how much time you might be saving from this new career path..

Just my thoughts is all, if your main motivation is to do something different, then that is cool. I wish you the best of luck in whatever you decide though!

[Ronnie Dobbs2]

Combination gym-tanning salon-laundromat.

I think you'll do well.

[Mustang]

As someone that was looking at opening a brick and mortar business, I agree with Alan. (I put in 35-40 in my 'side' business). Opening your own business so you can spend more time with your family doesn't add up especially with a beach specific business where you will absolutely need to be working during the summer months when your kids will be out of school.

As for the beach, can't help you there. Wisconsin doesn't offer much in the way of beaches.

[tyketime]

Originally Posted by Alan T

I'm concerned though if your main motivation is the hours and time away from your family then I am not sure opening a new business will help with that. It is my understanding that most small business owners, especially when they first start end up having to put in crazy hours just to save money on the bottom line from having to hire others. So I am unsure exactly how much time you might be saving from this new career path..

I appreciate that feedback. And you are right, my expectation is fully to work the crazy hours to start with. If we decided to go this route, one very real option for us would be to move down to the shore and live there year round. So there would be some potential benefits to that. I would still see my family every day. Depending on the business and it's success - some stores open up for May - September peak season. I could then do part-time work the rest of the year. When kids get a little older, they could work for me. But to be clear, my main motivation is to get out of the cubicle farm, out from behind a desk, and do something different.

[JediKooter]

Fake tattoos, cotton candy, metal detection services for people who lost something in the sand, sundries, surfboard/boogie board rentals, fun photos, sand castle building equipment, hair gel (it is Jersey after all), fake gold jewelry, that's all I got for now.

[Mizzou B-ball fan]

Tar ball cleanup.

[tyketime]

Originally Posted by JediKooter

Fake tattoos, cotton candy, metal detection services for people who lost something in the sand, sundries, surfboard/boogie board rentals, fun photos, sand castle building equipment, hair gel (it is Jersey after all), fake gold jewelry, that's all I got for now.

Fake this, fake that. You, sir, are watching too much of that dreadful show Jersey Shore!

[JetsIn06]

Tyke,

I lived in Wildwood and will be moving back on Friday for good. Where are you located?

[Farrah Whitworth-Rahn]

Beach rentals? Bikes, boogie boards, umbrellas etc.?

Or are you looking for something less seasonal?

[JediKooter]

Originally Posted by tyketime

Fake this, fake that. You, sir, are watching too much of that dreadful show Jersey Shore!

Actually, I have never seen the show. Seen some commercials for it, but, that's it. Have I been to Jersey? Oh yes, yes I have...

[sterlingice]

Originally Posted by Mizzou B-ball fan

Tar ball cleanup.

That's more Louisiana shore at the moment

SI

[DaddyTorgo]

Ask Lathum - he was the king of the Jersey Shore.

Or Saldana. She was his Queen.




**not really, i just wanted to make a Saldana joke since it was a jersey thread**

[tyketime]

Originally Posted by JetsIn06

Tyke,

I lived in Wildwood and will be moving back on Friday for good. Where are you located?

Ocean City is my first choice. Wildwood would be 2nd.

[tyketime]

Originally Posted by Mizzou B-ball fan

Tar ball cleanup.

No worries. BP will have that well under control before they start rolling up the Atlantic Coast...

[Marc Vaughan]

Ice cream shop with English Mr Softie Ice Creams please, they're fantastic and incredibly cheap to produce so you'd make a fortune (its kinda 'whipped' ice cream making it light and fluffy and look huge) ..... heck I'll commute down to where you are to get some if you open one

[DanGarion]

Originally Posted by Marc Vaughan

Ice cream shop with English Mr Softie Ice Creams please, they're fantastic and incredibly cheap to produce so you'd make a fortune (its kinda 'whipped' ice cream making it light and fluffy and look huge) ..... heck I'll commute down to where you are to get some if you open one

You mean up... right?

[fantom1979]

Maybe do a different twist on the arcade idea. Maybe steal an idea from Dave and Busters and make an arcade that goes age 21 and over after a certain time. My thought would be that during the day it could be an arcade for everyone and after dusk it turns into an arcade/bar and maybe even a dance club for the early 20's crowd. Not sure how hard it would be to get that liquor license though.

[johneh]

14+ years of working with SAP... wow I would be ready for a change to.

[Galaxy]

How about a Mr. Brewman's store?