Amusement Park Business Plan — Sustainability and Expansion Strategy Every business that has gone through the rigors of establishing itself to make profit as well as favorably compete against its competitors in the same industry always has plans in place to ensure its sustainability.
Customers who want extra services such as specialty rides and attractions, merchandise, concessions and arcades will definitely have to pay more. These two factors are very important and of a huge water theme park business plan to us and we know that with the right plans in place in hiring a competent workforce that is committed to our goals and objectives, we would attain our vision of becoming amongst the top five well known amusement park in the whole of the United States of America.
Ensuring that our billboards are installed in various strategic locations in Burlington and around the whole of Washington State Design flexi banners and place in different conspicuous locations to increase awareness Distribute our unique fliers in target areas Sponsor school high school, college, and universities entertainment shows Our Pricing Strategy We intend to offer admission rates that are affordable to our different customers such as children, adult, senior citizen water theme park business plan a family unit.
In Progress Application for business license and permit: In Progress Creating Awareness for the business both online and around the community: We are optimistic that our target of generating enough revenue that will cover costs of running operations as well as little profits will be achieved during the second year of operations.
Pricing in admission parks usually boils down to two categories such as physical and non-physical choice categories. This document has been prepared to provide the reader with information about our company, including business structure, company goals, projected growth, venture capital requirements, start-up costs, an investment analysis and the industry trends.
In Progress Recruitment of employees: Start — Up Expenditure Budget The amusement park business is one that requires a whole lot of start-up capital that is usually spent on getting the machineries and equipment to use in starting the business.
Download Business Plan Pro today! We know how important customers are to any business especially to our kind of business and so we would ensure that asides offering the best services possible to our customers.
Census Bureau, Statistical Abstract of the U. However, there is always a demand surge during certain seasons. The importance of marketing for any business especially those with the intention of making profit is to generate revenue for the business whilst also increasing awareness about the products and or services a business has to offer and even for the business itself as a whole.
We know the loan will be approved within a month as we have met all the conditions from the bank.
With that in mind, we intend to design our facilities to address this primary market, while keeping in mind the secondary markets such a teens and young adults.
A recent census conducted by the U. Our sales forecast was as a result of a critical evaluation carried out on behalf of Yippy Yap Amusement Parks by our business consultants that we hired. Providing popular and wide-ranging entertainment activities Ample and secure parking Indoor activities for year round entertainment The use of state-of-the-art technology Easy access Target high traffic areas for maximum public exposure Design facilities to curb overcrowding Seasoned management team We believe that we can minimize certain risk factors by: Completed Conducting Feasibility Studies: In addition to other funding and capitalization efforts detailed herein, the Company anticipates that it will seek funds from the Government Redevelopment Agency which may assist in the purchasing of land for development of the proposed sites.
A change in any of these factors will definitely cause a positive or negative change in the sales projections. In Progress Purchase of trucks: Listed below are some of the platforms we intend leveraging on in order to promote our Yippy Yap Amusement Park Business LLC; Creating customized tee-shirts with our logos and giving to loyal customers as free Placing adverts on radio and television as regards our brands Placing advert via Google and other traffic pulling sites Participating and sponsoring relevant programs in the community Making use of our social media platforms like Instagram, Facebook, Twitter, Snapchat and other such avenues to publicize our business.
The construction and commercialization of one initial FEC is factored into the initial development phase detailed within.
The amusement park business is no different and if we intend to secure our lead amongst the top five in the industry, we would need to intensify publicity for our business and the services we offer at Yippy Yap Amusement Park, LLC.
Not having a sustainability strategy would mean that the business might not last for very long before failing. The below listed areas are where we intend to start generating capital from; Part capital generation from personal savings and sale of stocks Sourcing capital from angel investors Sourcing capital from venture capitalists Apply for loan from a bank Source for capital from wealthy friends and family members N.
Entertainment has become a buzzword of the new millennium. The first proposed site is a ten-acre parcel in Weber County, with a second site to follow within five years.
Franchise Sales Forecast The amusement park business is a thriving business that receives a large number of customers daily. Completed Opening of Corporate Bank Accounts: Completed Opening Online Payment Platforms: Asides taking good care of our customers, we know that keeping the employees happy as they are our internal customers is very important too.
Other ways we intend to ensure that we publicize our amusement park are offering of trainings for those who intend to start their own amusement park business and consultancy services for those who are already in the business.
Knowing how huge this project is, Jack intends to source for the start-up capital from the following five major sources. Completed Generating capital from family members:Wasatch Family Fun Center amusement park business plan company summary.
Wasatch Family Fun Center will provide customers with a wholesome environment of amusement, entertainment, competition, year-round activities, and great food at affordable prices/5(39). Paradise Island Resort_ A Completed Business Plan. Uploaded by.
Download with Google Download with Facebook or download with email. Paradise Island Resort_ A Completed Business Plan. Download. Paradise Island Resort_ A Completed Business Plan the places for extreme sports, Airport and dock parking, a zoo and theme park, a golf course, a.
Theme Park Resorts: Business Planning for New and Expansion Projects - Hand-Out Version Michael Kreft von Byern, Representative of the Board, Europa-Park, Germany Marcel Hatt, Managing Partner, Maxmakers Ltd, Switzerland November, Theme & Water Parks.
May 16, · In your business plan, you need to include market research on the nature of the amusement park industry, the size of the market and how much of it you must capture to show a profit, who your customers are, who your local competitors are, and how will you advertise your park%(31).
Before the Water Park Business Plan; the Feasibility Study. The feasibility study is the first step in starting a new water park. Leisure Business Advisors (LBA) specializes in conducting this study, which is typically required by financing institutions and investors.
Amusement Park Business Plan. The amusement park sample business plan states that I&B Investments aim to set up the Wasatch Family Fun Center, which provides an environment of entertainment and year-round activities for the community in the Northern Wasatch Front.Download