-A high earning potential with a relatively low start up cost.
-The skating rink can be designed to accommodate all ages, from beginners to professional skaters.
-The business has the potential to generate revenue year round due to ice hockey leagues and figure skating classes.
-Ice skating is a great form of exercise, making it attractive for individuals looking for an enjoyable activity that can help them stay in shape.
-It is a social activity that brings people together, creating the potential for developing relationships with customers.
-The cost of maintaining the ice rink and the associated equipment can be expensive.
-Weather conditions can greatly affect business as warm temperatures make it difficult to keep the rink frozen.
-The ice skating industry is highly competitive, making it difficult for new businesses to gain a foothold in the market.
-It requires staffing at all times with employees who are knowledgeable about proper ice skating techniques.
-The business is dependent on the local population to generate revenue and could suffer if the demographics of the area change over time.