70% Margins in the Mobile Roller Skating Business. Ep. #85

Content provided by Chris Koerner. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Koerner or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Koerner Office - Business Ideas, Advice & Deep Dives »
70% Margins in the Mobile Roller Skating Business. Ep. #85

1d ago 1:03:10

MP3•Episode home

I sat down with Henry O'Brien, founder of SUSO Skate Co., who launched a mobile roller skating business during the COVID pandemic and saw it explode in popularity. In his first three months, Henry made $120k at 30-40% margins, which eventually grew to 70% net margins. Henry sets up mobile roller rinks in malls, parking lots, or any available space, making roller skating accessible to communities everywhere.

We talked about his launch strategy, the numbers, user-generated content, PR and marketing tactics, and how he managed to sell into malls. If you're curious about starting a unique business model or achieving high-profit margins, this episode is for you.

Timestamps below. Enjoy!
---
Watch this on YouTube instead here: http://tkopod.co/p-yt
Ask me a question on or off the show here: http://tkopod.co/p-ask
Learn more about me: http://tkopod.co/p-cjk
Learn about my company: http://tkopod.co/p-cof
Follow me on Twitter here: http://tkopod.co/p-x
Free weekly business ideas newsletter: http://tkopod.co/p-nl
Share this podcast: http://tkopod.co/p-all
Scrape small business data: http://tkopod.co/p-os
---
00:00 The Birth of Suso Skate Co.
03:05 Navigating the Pandemic and Finding Opportunity
05:49 Marketing Strategies and Media Engagement
09:08 The Unique Venue: Bentway
11:57 Understanding Product-Market Fit
14:50 Financial Insights and Unit Economics
18:06 User-Generated Content and Social Media Impact
20:55 Operational Challenges and Growth Plans
24:12 Quality Control and Insurance Considerations
32:05 Navigating Insurance and Liability in Recreational Business
35:26 The Evolution of Roller Skating: Fad or Trend?
38:22 Staffing Strategies for Busy Days
39:45 Expanding into Malls: A Strategic Move
44:55 Understanding Mall Dynamics and Revenue Models
48:45 Challenges of Outdoor Locations and Weather Impact
50:40 The Transition to Indoor Locations
54:27 Mobile Roller Skating: A New Business Model
01:00:04 Future Plans: Licensing vs. Franchising

172 episodes

#Trading #Entrepreneur #Business #Marketing #Startup #Growth Hacks #Entrepreneurship #Growth #Chris Koerner #Real Estate #Rv Park Investing #Hustle #Million