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Revenues
<br />
<br />The following revenue projections were formulated from information on the specifics of the
<br />project and the demographics of the service area as well as comparing them to national statistics,
<br />other similar facilities and the competition for recreation services in the area. Actual figures will
<br />vary based on the size and make-up of the components selected during final design, market
<br />stratification, philosophy of operation, fees and charges policy, and priority of use.
<br />
<br />Revenue Projection Model:
<br />Category New Facility Phase 2 Phase 3
<br />Admissions $ 28,800 $ 28,800 $ 35,000
<br />
<br />Building rentals $ 109,070 $ 115,070 $ 115,070
<br />
<br />Ice rental15 $ 538,700 $ 755,050 $ 755,050
<br />
<br />Dome rental $ 0 $ 0 $ 247,750
<br />
<br />Recreation Fees $ 109,960 $ 109,960 $ 109,960
<br />
<br />Skate sharpening16 $ 4,300 $ 6,450 $ 6,450
<br />
<br />Vending17 $ 18,000 $ 22,500 $ 26,500
<br />
<br />Birthday parties $ 6,000 $ 12,000 $ 18,000
<br />
<br />Advertising18 $ 22,400 $ 34,000 $ 44,000
<br />
<br />Contributions19 $ 6,700 $ 6,700 $ 6,700
<br />
<br />Dry Floor $ 24,050 $ 33,800 $ 33,800
<br />
<br />Concessions20 $ 96,000 $ 107,000 $ 133,750
<br />
<br />ATM $ 300 $ 400 $ 500
<br />
<br />Special Events $ 1,500 $ 3,000 $ 5,000
<br />
<br />Misc $ 6,500 $ 7,000 $ 7,500
<br />Total $ 972,530 $1,236,610 $1,545,030
<br />
<br />15 Calculation based on current ice rental level.
<br />16 Calculation based on current level.
<br />17 Calculation based on current level.
<br />18 Calculation based on current level.
<br />19 Calculation based on current level.
<br />20 Calculations based on 2.5 times food costs.
<br />APPENDIX C
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