Before You Hire Builders, How to Set Up a New Waterpark
The feasibility study is the first step in setting up a new waterpark. Leisure Business Advisors (LBA) specializes in conducting this study, which is typically required by financing institutions and investors.
The study provides market and financial analysis and projections. It also provides critical physical planning recommendations to assist the waterpark builder. It is critical that plans are in line with market needs and expected cash flow. These physical planning guidelines need to be in place before construction and building can start. Not only builders, but designers and managers can also benefit from the guidance provided in the study.
As part of the feasibility study, LBA can work closely with you in preparing the initial image package that would assist designers and builders in the building stage of development that follows the feasibility stage. We could provide a walk-through description and color artist conceptual images of your new waterpark seen through the eyes of a typical visitor. These would preliminarily suggest the general "look and feel" of the new park in financing 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 waterparks and theme parks in the United States, Asia, Latin America, the Middle East, and Europe. He has also been a speaker at the World Waterpark Association (WWA) annual convention. 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, assignments 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.
Click here to learn more about feasibility studies and take the first step to create and start your new waterpark.