How much money do I need to open a water park?

How much money do I need to open a water park?

The average cost to start an outdoor water park is $750,000. This can vary between $500,000 to $1,500,000, depending on the size and location of your park. The average cost for an indoor water park is $875,000. Depending on layout, size, and location, the price can vary between $550,000 and $2,000,000.

Are water parks profitable?

So what are the ways water parks are profitable? Water parks make money by charging admission fees, but they also earn revenue through sales of food and beverages, souvenirs and merchandise. Parks may also charge fees for using additional facilities or attractions.

How much does it cost to build a water park in the Philippines?

It is the largest water park in the Philippines; covering an area of 10 hectares (25 acres). It cost ₱2.5 billion to build. The water park is a joint venture of BB International Leisure and Resort Development Corporation (BBI), Eaglesky Technology Amusement and Gaming, and Central Summit International.

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How much does it cost to build a park in India?

In terms of the kind of money that gets invested in setting up an amusement or theme park, Sarin said in smaller cities the cost could range Rs 1-1.25 crore per acre. “However, there are larger projects that require investments of anything from Rs 100 crore to Rs 1,500 crore,” he said.

How much does it cost to buy a water slide?

Just how much does an inflatable water slide cost, really? Consumer grade Vinyl Crossover™ inflatable water slides typically start in the $800 to $900 range, and can cost up to $1300 or more. Meanwhile, commercial inflatable water slides can cost anywhere from $1500 to $8000 or even more.

How much does it cost to construct a swimming pool?

A basic swimming pool construction costs about 1 to 2.5 lakhs INR. A pool can be constructed in three forms namely overflow pool, non-overflow/chimer pool and endless pool.

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How much is the cost of building a house in the Philippines?

The cost of constructing a house in the Philippines currently ranges from 15,000 to 20,000 per square meter of the total floor area of the house ( excluding lighting fixtures, grills, perimeter fence w/ gate & landscape).

Which is the best Wonderla in India?

Wonderla Bangalore has been ranked 1st in India and 7th best in Asia by Tripadvisor for 2014, the highest for any Amusement park in India. Wonderla Holidays opened its first luxury resort, an 84-room hotel complex spread over 100,000 square feet and operational since 2012.

How much does it cost to build a water park?

The cost of the water park you intend to build will vary depending upon how large of a facility you wish to build and where in the country you are building, but average between $250 and $600 per square foot. Experts note that an indoor park with 2720 square feet would set you back at almost $690,000.

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How many acres do you need for an indindoor Park?

Indoor parks average approximately 8-10 acres, with an average building size of almost 25,000 square feet. An indoor-outdoor facility would need 9-12 acres, with an average building size of 23,000 square feet.

How much does it cost to open an outdoor park?

Owners of exclusively outdoor park report start-up costs of approximately $1.5 million. When a location is far away from available resources, it increases the project cost. The cost of transportation for workmen, equipment, materials, tools, etc. increases with distance and adds to the project cost.

Although there are is no published information regarding a water park’s potential profit, research does indicate that over 375 million guests visit these establishments in the United States each year. With a well organised operational strategy in place, your park can earn a piece of this multi-billion dollar industry’s profits.