Family Fun Center Finance; What Investors Require
The feasibility study is the first step in starting a new family fun center. Leisure Business Advisors (LBA) specializes in conducting this study, which is typically required by lenders and investors to finance the project. The study provides market and financial analysis and projections that will be used in the developer's business plan.
The study also provides critical physical planning recommendations for the business plan. It is critical that design plans are in line with market needs and expected financial returns. These planning guidelines need to be established before financing is in place. Designers and managers can also benefit from the guidance provided in the study, in addition to the project's investors.
As part of the feasibility study, LBA can work closely with you in preparing the initial image package that would assist designers in the planning stage of development that follows the feasibility stage. We could provide a walk-through description and color artist conceptual images of your new family fun center seen through the eyes of a typical visitor. These would preliminarily suggest the planned "look and feel" of the new park in financial and marketing presentations.
For more details on the feasibility study process, click here.
John Gerner, our managing director, has been a consultant for more than 20 years and has conducted feasibility studies for many family fun centers in the United States, Asia, Latin America, the Middle East, and Europe. Click here for more details on his background.
We pride ourselves on prompt service and are also sensitive to time constraints often involved in starting new development projects. If needed, our typically planned schedule can be accelerated for an extra fee. Our standard fee includes travel costs and other out of pocket expenses, so there are no unknown charges. The business plan is also part of the initial package presented to potential investors and financing institutions.