Haunted Houses' Revenue Potential
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A seasonal haunted house business that operates in vacant properties during Halloween season, generating significant revenue through admission fees with minimal overhead.
Key Points:
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Property Acquisition Strategy:
- Find vacant properties/houses
- Pay landlords $10-15K for month-long usage
- Similar model to Spirit Halloween stores
- Can include "kick out clause" if landlord finds long-term tenant
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Operations:
- Only operates for about a month
- Quick setup and teardown capability
- Charge $40 per person entry fee
- Minimal ongoing operational costs
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Revenue Potential:
- Generate $500K to $1M in revenue in about a month
- Industry generates $300M annually
- High profit margins due to temporary nature and low overhead
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Business Model Benefits:
- Low commitment - only need property for short term
- Scalable - can operate multiple locations
- Seasonal business allows for other ventures rest of year
- Takes advantage of otherwise unused real estate
27:43 - 28:00
Full video: 01:02:27SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.