Feasibility Study
A Feasibility Study is a comprehensive approach that is used to analyze the
operational and economic impact that would result from the creation and
operation of a new facility.
Feasibility Study Objectives:
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Who are the potential user groups?
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What amenities would enhance positive cashflow?
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How will the facility impact other facility operations?
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What is the cost of management requirements?
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What is the construction cost?
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What is the financial commitment to operations?
The Reality Check - Understanding Local Conditions. We gather
information through one-on-one interviews and group meetings with decision
makers and potential users in the community. We present national trends and
future expectations to develop a foundation for project leaders and to help
define the needs and desires of the stakeholders. Our analysis also includes
demographic trends: age distribution, income and housing characteristics,
population shifts and availability of discretionary income.
We Listen Carefully To The "Voice of Your User" - All aquatic
facilities are extensions of the people who use them. Communities and quite
frequently, aquatic facilities have to function as part of a larger plan that
may include gymnasiums, cardiovascular and strength training areas, aerobic and
dance rooms, rock-climbing walls, suspended jogging tracks, gymnastics,
community rooms, childcare centers, kid fit areas, locker rooms and concession
operations. (SEE
OUR DREAM TEAM CONCEPT)
Indoor or outdoor aquatic facilities may showcase leisure pools, competitive
venues, therapy waters, training facilities or even wave pools! Recurring
revenue from frequency of visits is often a function of the variety of wet and
dry features that increase attendance and participation, making memorable
recreation experiences rewarding for the entire family.
Concept Assessment - We help take the vision of your facility
into a space program that meets the needs of your unique market. Visioning is
an important phase of the entire process as the facility cost analysis is
specific to the proposed spaces to meet the needs and desires of the community.
This stage includes our extensive expertise and experience-based opinions for
estimated direct and indirect project costs.
Financial Modeling - We can even assist in the creation of a
financial pro forma for a facility and consider all probable expenses and
revenues. This financial model is of incalculable value to make knowledgeable
and informed decisions before proceeding into the design phase. The financial
performance of your envisioned facility is developed through an exhaustive
Expense and Revenue Analysis. Your recurring revenue and expenses are projected
through the first five years of operation.
Armed with this thorough and realistic analysis, you can begin design work with
the confidence that there will be impressive results in a fun and exciting
center that enriches the entire community.
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Counsilman-Hunsaker Services: Commercial swimming pool, Public swimming pool, Swimming pool design, Aquatic design, Aquatic consultant, Pool consultant, Natatorium design, Waterpark design, Feasibility study