Replies to post #31599 on VirTra Inc (VTSI)

[stockguy1000]

I think your absolutly wrong about that. Look more at the 50-60 million dollar range in sales over 3-4 years, with a majority of the stores to have the academies.

[jmodified]

I agree they will probably make more from the
increased business drawn in, but the academies
should be profitable in themselves. With 4 sims
and 8 lanes and given the cost, if they book 3/4
of the time or so they should be able to net about
$3600 per day. If 1/3 of that is profit (not
including simulator costs), pay-back time would be
a little over two years. That may be optimistic,
but they should be better than cost-neutral in the
long run if they are in any way successful.

[weeblewobble09]

CEO of GM disagrees with you. Looks like 11-13 will be opened THIS year, and then many more in the following years:

http://www.startribune.com/sports/outdoors/117824448.html

"We are going to expand dramatically over the next few years," said the casually dressed Pratt, sitting in a conference room in the downtown St. Paul headquarters that is referred to by employees as "base camp." "We're going to find ways to do better."


Five Gander Mountain stores have been remodeled at an undisclosed six-figure cost per store. Six to eight more will be upgraded this year, each of which will get the new Gander Mountain Academy.

"The remodeled ones are already doing much better," said Pratt, a former pesticide executive who spent millions helping clean up the Little Snake River, which runs through his massive property in Colorado.