Play Meter
Magazine - December 2006 Issue
Cover
Story (December 2006)
PrimeTime: first-rate by any definition
You've
seen the name, played the games, talked to the staff at trade
shows, and as Paul Harvey would say, now you're going to hear
the rest of the story.
The
foundation for PrimeTime Amusements was laid when David Goldfarb
was in college in Orlando, Fla. Most college students take jobs
to supplement their income and David was no exception. He was
just 19 and a sophomore at the university when he became an
operator, placing three pool tables, a jukebox, and a video game
in a sub shop.
He
slowly added more games and placed them in other locations and
by the time he graduated he had about 60 machines on location
and was the only employee. In 1995 he convinced his dad, who was
retired from the garment business in New York, to come to work.
His father got involved in the financial end and the business
aspect.
A
major milestone was getting a contract from Universal Studios to
place 40 games in its NASCAR Cafe. That was followed by another
Universal property: the Portofino Bay in the Loews Hotel.
In
1997, the name of the company became PrimeTime Amusements, an
apt name. If you look up the word prime you'll find synonyms
like leading, major, superior, first-rate, zenith, peak, and
pinnacle to name a few. You talk about prime property and prime
interest rate and now PrimeTime can be added to your vocabulary
of company names to watch.
David
didn't get the Universal contracts with pure luck. He explained,
"We heard that they were going up. We wrote a proposal that we
hoped they couldn't refuse. You can't sit back and hope
something lucrative comes your way; it takes effort. I'm proud
to say that we now have the exclusive contract for Universal and
we've placed about 400 machines."
Xtreme Indoor Karting
PrimeTime
opened new offices in Miami 10 years ago, put about 300 machines
on location, and worked as a successful street operator. But the
best was yet to come. David met Bill Mulder, who had an
extensive background in go-karting, was a professional driver,
and had set up numerous tracks across the United States. With
Mulder and PrimeTime as partners in a new project, they set up
the Xtreme Indoor Karting facility.
In
reality it's much, much more. It's a game room and a
distribution center in 100,000-square-feet of space. It holds
seven conference rooms, a full-service bar, pool tables, food
concessions, and the longest and one of the fastest go-kart
tracks in the United States. There are also two arcades for
adults and kids. It was a $5 million investment in the industry.
David
added, "We are doing four things under one operation. We started
as a street operator and have slowly moved into opening family
entertainment centers (FECs). We sell equipment and we rent to
corporations. We have the exclusive contract agreement from a
company in Europe to sell PrimeTime Knock-Out! Boxer, Crazy
Squash, PrimeTime Kicker, and a new interactive baseball game."
The
Xtreme Indoor Karting facility is located in a prime (there's
that word again!) location on I-95 and Commercial Blvd. where
300,000 cars pass every day. David explained that there have
been numerous requests for team building activities. David said
they are leasing and renting for a myriad of occasions such as
Bar Mitzvahs, corporate groups, weddings, and more. There is
also a strong need from large companies that use machines to
generate excitement at corporate events. "We've rented many
machines to Fortune 500 companies," said David.
The games
We
asked David how he discovered these remarkable games. David
said, "I spent quite a bit of time in Europe and was impressed
with the product I saw. I contacted the company and went from
there. I went back to Europe and negotiated a contract. I
thought the equipment was unique enough to do well over here.
It's interactive, fun, and you won't find it at home."
He
continued, "This is a tough business. You can see the companies
that have dropped out. There are fewer people involved.
Everything manufacturers introduce winds up being available for
the home. What has kept our business strong are the four things
we do from our facility and distribution center. We sell lots of
used equipment overseas. When we are looking to replenish the
equipment in our facilities and locations, we have quite a bit
of used equipment to sell. We must have an outlet for it and
it's usually overseas. I just got back from Brazil last week."
PrimeTime
Knock-Out! is the ultimate test of your boxing speed and
strength. Insert quarters or tokens (a bill acceptor is
optional) and give it your best punch. Competition is encouraged
as gamers vie for the highest score.
PrimeTime Kicker offers realistic World Cup soccer. You can test
your skills and compete amongst friends, rivals, or countries by
kicking a soccer ball that measures speed and power.
Classic
air hockey has always been a crowd favorite and PrimeTime Crazy
Squash is just waiting to continue the tradition. Two players
compete side-by-side in the unique U-shaped table to score a
goal. It was designed to fit in even smaller spaces.
Also
available is PrimeTime Goalie, a conventional air hockey that
will forever be a crowd pleaser. With a stainless-steel top that
ensures a superb level of play and available in six and eight
foot lengths there's one for all types of locations and players.
Industry's future
How
does David view the future of the coin-op entertainment
industry? "The industry as a whole is not good and it's going to
get worse. I think you'll find distributors that are going to
become large operators and operators will become distributors.
The other option is to mimic what we are doing. We have our
facility and distribution center under one roof. We have
absolutely every single brand-new piece of equipment in our game
rooms and everything is for sale."
What's
David's take on the new equipment being introduced? "I'm not
impressed. However, I am impressed with games coming from Europe
and that's precisely why I signed an agreement to sell it in the
United States. The main difference is that Europe is making
interactive games while over here we see games being repeated
over and over. You get a glorified title and use it up. I don't
see anything that exciting. Even companies like Incredible
Technologies haven't stepped up to the plate."
He
continued, "If these U.S. manufacturers don't come up with
something unique, something interactive, something you can't
find at home, they'll be closing up shop."
People
Is
there a company that David looks up to to model his after? "The
one I've been mimicking is Len Keywood's Starburst in Canada.
He's the largest distributor in Canada and has a huge operation,
probably 8,000 games. He came from humble beginnings and is by
far one of the leaders in the industry.
"And,
of course, I admire my partner Bill Mulder. He's an icon in the
industry of indoor karting; his background in karting runs the
gamut from A to Z. With our expertise in games and his in
karting, we formed a partnership for the Xtreme Indoor Karting
name."
David
said, "Another person I respect is Rick Dee, who now runs all of
our operations in Orlando and he's involved in the distribution
end with PrimeTime Amusements. He was with Cleveland Coin for
many years and when that distributorship was sold to Shaffer,
Dee was planning to retire. I've known him for many years and
knew he was originally from Orlando. I contacted him and asked
if he'd like to get involved. He said yes and explained that he
was planning to move to Florida anyway. He has experience in
distribution and I'm very happy he's with us."
A
person in the company that David brags about is Lainie Solomon
and she had an interesting story. She told us that she was a
school teacher but needed some time away from the stress. While
on hiatus she worked as a bartender using her dynamic people
skills.
In the
meantime, while David was flying to Spain he realized he needed
someone to answer the phone while he was gone. He picks up the
story: "I contacted a friend, who was a bar owner and his bar
was one of our locations. I told him what I was looking for and
he recommended Lainie. He told me about her hiatus, her
bartending skills, and what a reliable person she was. The rest,
so they say, is history.
"I'm
very impressed with Lainie's people skills. She runs our
internal operations and literally has her hands in everything. I
actually try to find new projects for her because she makes
everything look so easy!" David said.
There
are 25 employees at PrimeTime Amusements and an additional 40 at
Xtreme Indoor Karting. The people, the partner, the games, the
ideas, the experience, and more come together nicely at
PrimeTime Amusements and Xtreme Indoor Karting.
|