225LikesWindy city rc raceway and hobbies 2.0
04-15-2019, 12:47 PM
#586
Tech Prophet
iTrader: (9)
Join Date: Nov 2014
Location: Far south suburbs of Chicago area
Posts: 17,642
Trader Rating: 9 (100%+)
I’ve been hearing rumors since before winter.
04-15-2019, 12:49 PM
#587
[QUOTE=tonyd;15432246]
Please give the man credit for putting together an absolutely world class facility . As a small business owner,
I can tell you there are many with opinions ,but few with the cash to back them up...
Anyone out there willing to pitch in & save the track ?
I can tell you there are many with opinions ,but few with the cash to back them up...
Anyone out there willing to pitch in & save the track ?
04-15-2019, 01:27 PM
#589
Well who wants to make it a party?
Get some food there, maybe a second hand makeshift raffle, do a figure 8 race at the end of the night, etc...
Get some food there, maybe a second hand makeshift raffle, do a figure 8 race at the end of the night, etc...
04-15-2019, 01:32 PM
#590
04-15-2019, 01:33 PM
#591
[QUOTE=metalcrafter;15432313]
I think the amount of money needed to save it is fairly high. I doubt their would be any return on investment. Most tracks are borderline at best to break even. Very few actually earn enough to stay around more than a couple years. Your not going to be rich opening an rc track thats for sure but I do believe you can open one and earn a modest living but the time investment is huge and when you put labor hours into dollars you would find you are working for minimum wage at best. I do not know the formula to keeping a track open. Put things into perspective.
$20 per entry
weekly racers at wcrc maybe 30 on saturday and maybe 30 on sunday so estimate 60 per week
$4000 in just race entries to cover $11000 in rent. To save windy the turnouts would have to have doubled imo.
In my mind I would think you have to count on your race entries covering your rent at a minimum. Then you go into all the other monthly utility bills which in a place like that has to be pretty big. Sure your selling parts but you cant really count on a set dollar amount for sales because the internet has killed hobby shop sales. And from what I have been told you dont really make all that much selling parts unless you move alot of parts which windy never really did from what I could see. Thats why I stick with my original statement of you cant have a nice expensive building for rc racing the money will never even out. Now had windy been able to stay at the original building and been able to work things out with the landlord to actually fix the building I would bet we wouldnt be having this conversation. Windy got to big and to expensive to keep going a real bummer I really enjoyed racing on the carpet again.
Jesse
$20 per entry
weekly racers at wcrc maybe 30 on saturday and maybe 30 on sunday so estimate 60 per week
$4000 in just race entries to cover $11000 in rent. To save windy the turnouts would have to have doubled imo.
In my mind I would think you have to count on your race entries covering your rent at a minimum. Then you go into all the other monthly utility bills which in a place like that has to be pretty big. Sure your selling parts but you cant really count on a set dollar amount for sales because the internet has killed hobby shop sales. And from what I have been told you dont really make all that much selling parts unless you move alot of parts which windy never really did from what I could see. Thats why I stick with my original statement of you cant have a nice expensive building for rc racing the money will never even out. Now had windy been able to stay at the original building and been able to work things out with the landlord to actually fix the building I would bet we wouldnt be having this conversation. Windy got to big and to expensive to keep going a real bummer I really enjoyed racing on the carpet again.
Jesse
04-15-2019, 01:38 PM
#592
04-15-2019, 01:54 PM
#593
Tech Master
I agree with you but wouldn't he have known all of that? What was he thinking, what was the plan?
[QUOTE=KINGZJ;15432345]
I think the amount of money needed to save it is fairly high. I doubt their would be any return on investment. Most tracks are borderline at best to break even. Very few actually earn enough to stay around more than a couple years. Your not going to be rich opening an rc track thats for sure but I do believe you can open one and earn a modest living but the time investment is huge and when you put labor hours into dollars you would find you are working for minimum wage at best. I do not know the formula to keeping a track open. Put things into perspective.
$20 per entry
weekly racers at wcrc maybe 30 on saturday and maybe 30 on sunday so estimate 60 per week$4000 in just race entries to cover $11000 in rent. To save windy the turnouts would have to have doubled imo.
I agree with you but wouldn't he have known all that? What was he thinking, what was the plan?
In my mind I would think you have to count on your race entries covering your rent at a minimum. Then you go into all the other monthly utility bills which in a place like that has to be pretty big. Sure your selling parts but you cant really count on a set dollar amount for sales because the internet has killed hobby shop sales. And from what I have been told you dont really make all that much selling parts unless you move alot of parts which windy never really did from what I could see. Thats why I stick with my original statement of you cant have a nice expensive building for rc racing the money will never even out. Now had windy been able to stay at the original building and been able to work things out with the landlord to actually fix the building I would bet we wouldnt be having this conversation. Windy got to big and to expensive to keep going a real bummer I really enjoyed racing on the carpet again.
Jesse
[QUOTE=KINGZJ;15432345]
I think the amount of money needed to save it is fairly high. I doubt their would be any return on investment. Most tracks are borderline at best to break even. Very few actually earn enough to stay around more than a couple years. Your not going to be rich opening an rc track thats for sure but I do believe you can open one and earn a modest living but the time investment is huge and when you put labor hours into dollars you would find you are working for minimum wage at best. I do not know the formula to keeping a track open. Put things into perspective.
$20 per entry
weekly racers at wcrc maybe 30 on saturday and maybe 30 on sunday so estimate 60 per week$4000 in just race entries to cover $11000 in rent. To save windy the turnouts would have to have doubled imo.
I agree with you but wouldn't he have known all that? What was he thinking, what was the plan?
In my mind I would think you have to count on your race entries covering your rent at a minimum. Then you go into all the other monthly utility bills which in a place like that has to be pretty big. Sure your selling parts but you cant really count on a set dollar amount for sales because the internet has killed hobby shop sales. And from what I have been told you dont really make all that much selling parts unless you move alot of parts which windy never really did from what I could see. Thats why I stick with my original statement of you cant have a nice expensive building for rc racing the money will never even out. Now had windy been able to stay at the original building and been able to work things out with the landlord to actually fix the building I would bet we wouldnt be having this conversation. Windy got to big and to expensive to keep going a real bummer I really enjoyed racing on the carpet again.
Jesse
04-15-2019, 01:59 PM
#594
Tech Master
04-15-2019, 03:15 PM
#597
[QUOTE=outlandr91;15432365]I agree with you but wouldn't he have known all of that? What was he thinking, what was the plan?
Honestly I think he was thinking that the turnouts would be better and honestly I think that they should have been. I dont have any answers but I am surprised by the low turnouts.
Honestly I think he was thinking that the turnouts would be better and honestly I think that they should have been. I dont have any answers but I am surprised by the low turnouts.
04-15-2019, 04:26 PM
#598
From Facebook WCRC
To our customers, due to circumstances beyond our control, Windy City Raceway and Hobbies has decided to close our doors. We will be open the rest of the week 11 am to 7 pm. We appreciate all our loyal customers and we have enjoyed meeting you and your families. Continue to shop at your local hobby stores!
We will also be holding our last race this Saturday both on and off road
Doors open @ 9am and racing @ 11am
$10 cash only for all the classes you want to run.
Thank you again for all your support since our opening in 2016.
To our customers, due to circumstances beyond our control, Windy City Raceway and Hobbies has decided to close our doors. We will be open the rest of the week 11 am to 7 pm. We appreciate all our loyal customers and we have enjoyed meeting you and your families. Continue to shop at your local hobby stores!
We will also be holding our last race this Saturday both on and off road
Doors open @ 9am and racing @ 11am
$10 cash only for all the classes you want to run.
Thank you again for all your support since our opening in 2016.