Co inman of the Month
JON DAUGHERTY
This month's Coinman, Jon Daugherty, is a
consultant for entrepreneurs interested in getting
into the amusement center business, especially
entrepreneurs who are interested in getting into
those high traffic enclosed shopping malls. We
thought he might just be the ideal person to talk to
about some of the inner workings in the shopping
center business. We were right.
In October, 1976, he sold four amusement centers
to Aladdin's Castle, a whoUy-owned subsidiary of
Bally Manufacturing. Those amusement centers
were LeMans Speedway family amusement center
in Torrance, California; Hayward, California;
Matteson, /Uinois; and Oklahoma City, Oklahoma.
In addition, through a new consulting firm,
LeMans Development Company, Jon has helped
operators establish the foUowing amusement
centers: PiccadiUy Circus in Fremont, California;
Pennyland in Guadalaiara, Mexico; Spaceway
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Raceway in Springfield, Virginia and a fifth LeMans
Speedway in Wichita, Kansas, which is not owned
by Aladdin's Castle.
Among the functions he performs as a special
consultant are that he helps complete negotiations
involved in executing the lease; assists with
pro-forma proiect costs, proiected earnings,
expenses, and financing; coordinates the design of
the amusement center, assists with the proper
game mix and purchase of games; and assists with
operations procedures and money controls.
Jon also holds the ownership of several patents
involved in developing high-speed, low-voltage
bumper cars which are used in many of the
amusement centers he has helped establish.
Forty-two years old and unman;ed, he lives in
Redondo Beach, California. He's a member of the
International Council of Shopping Centers and the
I.A.A.P.A.
PLAY METER , April , 1979