Tink’s Indoor Recreation, LLC

Daniel Tincknell, CEO/FounderBUSN 466 – Business Policy

About the Founder

• Soon-To-Be Graduate of LSSU– BS Business

Administration – MGMT

• 2009 Associate’s Degree in Entrepreneurship

• Eagle Scout with Silver Palm

The Company

• Located in Waterford, MI

• Year-Round facility• Variety of sports

– Soccer– Hockey

• Floor and Roller– Basketball– Volleyball

• Offering:– Recreation Leagues– Birthday and

Corporate Parties– Drop-In Hours/Open

Skate

The Company

• Six sessions for each sport

• Leagues divided by age, gender, and skill level

• Drop-In Hours• ProShop• Snack Bar

Market & Industry

• Sports & Leisure Entertainment Industry– Revenues (US)

• $13.5B – 2001• $21.9B – 2009

– CAGR of 6.86%– Show Resistance to

Economic Slowdown• Growth in 2008

Information from DataMonitor (2011)

• Globally– Revenues

• $139.6B – 2010• 170.4B – 2015

– Estimated

• Most popular sport/league– Soccer

Market & Industry

• Target Market:– Oakland County, MI– Men and Women– Ages 18-35– Seeking active

lifestyles/competition for themselves or their children

Market & Industry

• Competition– 18 related competitors

• Includes– Fitness Gyms– Private Clubs

» Golf/Tennis– Minor League Teams

– 4 major competitors• Joe Dumar’s Fieldhouse• Basketball America• Total Sports• Waterford Township

Parks & Recreation

• Revenues– Oakland County

• All 18 Competitors– $31.24 Million/year– Private Clubs

account for approx. 40%

• 4 Major Competitors– $4.24 Million/year– Joe Dumar’s

accounts for approx. 66%

Business Model & Strategy

• Operate four sports– 3-on-3– 5-on-5– 6-on-6

• 8-week Sessions• Leagues for all ages

– Kids (boys/girls)– Teens (boys/girls/coed)– Adults (mens/womens/co-

ed)– Seniors

(mens/womens/co-ed)

Business Model & Strategy

• Individuals– $95 per sport per

session during Fall, Winter I, Winter II, and Spring

– $85 per sport per session during Summer I and Summer II

• Teams– 3-on-3 Leagues

• $450 covers 6 players– $75 per person

– 5-on-5 Leagues• $750 covers 10 players

– $75 per person

– 6-on-6 Leagues• $900 covers 12 players

– $75 per person

Business Model & Strategy

• Price Breakdown– Individual

• $95 covers– T-Shirt and Awards ($25)– 8 weeks of play– ($95 - $25)/8 = $8.75

each game

– Team• $75 covers

– T-Shirt and Awards ($25)– 8 weeks of play– ($75 - $25)/8 = $6.25

each game

Products & Services

• Recreational Leagues• Birthday and

Corporate Parties• Drop-In Hours

– Open Skate• ProShop

– Features equipment and apparel

• Snack Bar/Grill

Facility

• Facility will feature– Two NHL Regulation inline rinks (200’ X 85’)– Two NBA Regulation courts (94’ X 50’)– Two 3-on-3 Basketball Courts

• Hockey/Soccer– Rinks can be converted for Soccer

• Basketball/Volleyball– Courts are Multi-purpose

Facility

Facility

Facility

Financials

Minimum (Indv.)

Average Maximum (Indv.)

Minimum (Team)

Average Maximum (Team)

Winter II $119,320 $260,300 $401,280 $158,400 $237,600 $316,800

Spring $119,320 $260,300 $401,280 $158,400 $237,600 $316,800

Summer I $106,760 $232,900 $359,040 $158,400 $237,600 $316,800

Summer II $106,760 $232,900 $359,040 $158,400 $237,600 $316,800

Fall $119,320 $260,300 $401,280 $158,400 $237,600 $316,800

Winter I $119,320 $260,300 $401,280 $158,400 $237,600 $316,800

Totals $690,800 $1,507,000 $2,323,200 $950,400 $1,425,600 $1,900,800

Price Plan Breakdown

Financials

$000s 2014 2015 2016

Sales $1,040,800 $1,072,024 $1,104,185

Gross Profit $865,800 $891,774 $918,527

Operating Expenses $962,395 $772,968 $790,667

Operating Profit $(96,595) $118,806 $127,861

Income Statement (Snapshot)

Uses of Funds

• Start-Up Costs– Building………….$12,755,785– Equipment………$210,011

• Includes equipment for leagues, ProShop sales, and Snack Bar

– Supplies/Inventory..$175,000– Total Investment Required

• $13,160,796

Exit Strategy

• Plan “A”– Controlling stake shall be given to a pre-

determined next-of-kin (Child, Child-In-Law, Nephew/Niece) who, at the time, holds a position in the company.

• Plan “B”– Investors will be notified of sale of ownership

shares and a new CEO will be determined.

Questions or Comments?

Thank You For Your Time!