Before the Waterpark Business Plan; the Feasibility Study
The feasibility study is the first step in starting 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 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 cash flow. These planning guidelines need to be in place before the construction and building can start. Designers, planners, and managers can all 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 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 waterpark seen through the eyes of a typical visitor. These would preliminarily suggest the planned "look and feel" of the new park in business 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 planning 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, 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.
Click here to learn more about feasibility studies and take the first step to create and start your new waterpark.