Aquarium Business
Appraisal
Leisure
Business Advisors LLC (LBA) specializes in valuations and business
appraisals for leisure businesses such as aquariums. This typically
involves three approaches:
John
Gerner, our managing director, has conducted many valuations for
aquariums over the past 20+ years. Gerner Consulting (the previous name
of LBA) evaluated the attendance and financial impact of expanding the
Maine Aquarium.
As a subcontractor to International Theme Park Services, he prepared
valuations of Ripley's Aquarium in both Myrtle Beach and Gatlinburg, as
well as a valuation of Colorado's Ocean Journey. This aquarium was
later renamed "Downtown Aquarium - Denver" by Landry's Restaurants,
Inc. He also conducted a feasibility study for a commercial aquarium
that would have been part of the proposed Pointe Anaheim retail
entertainment center in Southern California.
As a subcontractor to Economics Research Associates (ERA), he evaluated
the expansion of the Virginia Marine Science Museum. He was a former
principal of that consulting firm. During his time with them, he
prepared an examination of the North American oceanarium industry for
Dentsu, Inc. He evaluated expansion alternatives for the National
Aquarium in Baltimore, Miami Seaquarium and the New York Aquarium. He
also studied the feasibility of developing oceanariums in Jeddah, Saudi
Arabia and Myrtle Beach, South Carolina.
He
spoke at the 2005 IAAPA's annual convention on "How Much is Your
Attraction Worth? Identifying and Maintaining Value." Click here to download the presentation
slides.
We
pride ourselves on prompt service. Proposals are typically provided
within a day, and we're sensitive to time constraints. If needed,
assignments can be accelerated for an extra fee. Our standard fee
includes travel costs and all out-of-pocket expenses so there are no
unknown charges.
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