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Sports General Discussion
Reply to "Shortage of ice rinks in the DMV -- is there anything that we can do?"
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[quote=Anonymous][quote=Anonymous]The economics of running an ice rink are pretty daunting. Its not too bad in the winter, but keeping the ice full (and by full, I mean getting roughly $500 of revenue per hour per rink) in summer is hard. Every time a new rink or sheet of ice is opened, that means that thousands of dollars of extra ice-time need to be sold. And that's hard. Black Bear Sports Group - which owns Piney Orchard and Ice World in Md. and I think is now managing Ft. DuPont - specializes in buying financially distressed rinks, and then renting the ice to hockey teams and tournaments they also control. It seems like a pretty good system, but its not easy to replicate.[/quote] It works because they buy rinks at 25 cents on the dollar. Rinks tend to cover operating costs pretty easily but the capital is the hang up. [/quote]
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