Industry Analysis & Industry Trends
Companies in the Indoor Climbing Wall industry operate climbing wall centers or indoor rock climbing centers. Industry revenue tends to ebb and flow with fluctuations in per capita disposable income and employment levels, and is expected to benefit in the coming years as the economy continues to strengthen. Improvements in safety equipment technology, such as automated belays, a device used by climbers and belayers to decrease the likelihood of a serious injury, are also expected to propel revenue growth.... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry are moderate for the Indoor Climbing Walls industry. Successful industry establishments must be in areas of high foot traffic and convenience, and require a large space with high ceilings, typically upwards of 3,000 square feet of space and 20 feet of height. Therefore, rent can be quite high due to strong commercial demand. However, leasing operations provide a relatively lower cost basis for entry. Additionally, although wages make up the industry's greatest cost, average wages in the industry tend to be low since the majority of the staff is, on the whole, unskilled and work on a part-time basis.
Other barriers to entry in urban markets include restrictive zoning laws, lengthy permit processes and a shortage of appropriate real estate... purchase to read more