Water Park How to Open Water Park

Water Park- How to Open Water Park

Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis

In ancient India, there was large use of water in the Tapovana, and different Ashrams in the forests. Elephanta caves in the Maharashtra can be considered as Water Park. Now the water park is the good idea of amusement. It is very good assets created by human being to enjoy the natural scenery artificially, if situated near by forest or hilly area.

Amusement water parks generally feature a few water rides, such as the log flume, bumper boats, and rowing boats. Such rides are usually gentler and shorter than roller coasters and many are suitable for all ages. Water rides are especially popular on hot days.

List of Few Major Amusement /Water Parks in India

•      Accoland, Guwahati

•       Amaazia, Surat

•       Anandi Water Park, Lucknow, Uttar Pradesh

•       Appu Ghar      

•       Aqua Marina Water Parks and Resorts, Kolkata

•       Aqua Village, Pinjore

•       Aquamagica, Adlabs Imagica, Khopoli

•       Aquatica, Kolkata

•       Bellilious Park, Kolkata

•       Black Thunder, Mettupalayam, Tamil Nadu

•       Dash n Splash, Chennai, Tamil Nadu

•       Dolphin the Water World, Agra (U.P.)

•       Dream World, Thrissur, Kerala

•       Fantasy Park, Palakkad, Kerala

•       Fantasy World, Kolkata

•       Fun N Food Village, Gurgaon, New Delhi

•       Fun N Food Park, NAGPUR,

•       Funcity, Panchkula

•       Funtasia Water Park, Patna

•       Juckies, Kannur, Kerala

•       Jungle Water Park, Kanpur, Uttar Pradesh

•       Blue World, Mandhana, Kanpur

•       Sports Village, Bithoor, Kanpur

•       Ekta Water Park, Kanpur

•       Hungama World, Patna

•       Water Island (Fantasy Motels), Kanpur Lucknow Hwy, Unnao

•       Kishkinta, Chennai

•       Manasa Water Park, Mangalore

•       Merry Kingdom, Kannur, Kerala

•       Nature Park, Kolkata

•       Nicco Park, Kolkata

•       Pink City Water Park, Jaipur

•       Rose Valley Amusement Parks, Kolkata

•       Sentosa, Pune

•       Savin Kingdom, Siliguri, West Bengal

•       Somanipuram Adventure Park, Indore

•       Splashdown Waterpark Goa, Anjuna, Goa

•       Splash-The Water Park Delhi, Alipur, Delhi

•       Splash-The Fun World Ahmedabad, Ahmedabad, Gujarat

•       Splash-The Suncity Gwalior, Gwalior, Madhya Pradesh

•       Splash-The Resorts Hisar, Hisar, Haryana

•       Splash Water World, Rohtak, Haryana

•       Tikuji-Ni-Wadi, Thane, Maharashtra

•       Vanraj water park, Junagadh, Gujarat

•       Vismaya, Kannur, Kerala

•       Water Kingdom, Gorai, Mumbai

•       Wet N' Joy Water Park, Lonavala

•       Wonderla, Kochi, Kerala, and Bangalore

•       Worlds of Wonder Water Park, Noida

•       Shanku's Water Park & Resort, Mehsana Gujarat

•       swapna srushti water park, Gandhinagar Gujarat

Cost Estimation:

Capacity                         :         1000 visitors / Day

Plant & Machinery          :         84 Lakh

Total Capital Investment:         362 Lakh

Rate of Return                 :         41%

Break Even Point             :         38%

Market Outlook

Amusement parks are an integral part of the global leisure and entertainment industry. The industry can be broadly categorised into amusement parks, theme parks and water parks. The sector can also be broadly segmented on the basis of the catchment area that they cater to, along with the type and scale of activities they offer. Global amusement parks can also be classified on the basis of the concepts and themes around which a park/ offering is designed such as thrill & adventure, sports & edutainment, amongst a few.

Every year industry is seeing 15-20 percent growth in the sector – be it expansion of existing parks or the setting up of new ones. The Industry has been growing at a compounded annual growth rate (CAGR) of more than 17.5 percent with annual revenue of approx. INR 17 billion and estimated to grow to at least INR 40 billion by 2020.

Sixty-six percent of the population in India is below 35 years, with the median age of 27 years driving consumption. Younger consumers have high spending power and are open to experiment with newer places and forms of entertainment.

The water park industry has shown continued growth in 2014 with increased numbers of indoor and outdoor water parks being developed throughout the United States and Canada. Our projections for 2015 show a number of new openings will occur throughout North America, which will boost the supply of water parks and increase revenues for this growing industry.

The Indian amusement parks industry is expected to clock 20% CAGR over the next few years to touch Rs 6,000 crore.

The Indian amusement park segment is valued at $400 million (about Rs 2,500 crore), compared to the $25 billion global industry.

Amusement Parks to Attract Rs 17,000 Cr Investment in Next Few Years.

The global amusement-park industry is estimated at $25bn, expected to touch $32bn by FY17, a 9% CAGR. There are over 800 amusement parks worldwide with annual attendance of over 700m visitors. The US alone has 50% of the parks and annual visitors. Europe has ~330 amusement parks with annual visits of 165m. Parks in the US and Europe are near maturity levels, whereas Asia has seen rapid growth in visitors in the last seven years.

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Starting a Water Park: A Comprehensive Investment Guide

Starting a New Water Park: A Comprehensive Guide for Startups and Entrepreneurs

The Theme Park Industry in India: A Comprehensive Industry Survey

Here are five frequently asked questions about opening a water park, which cover the major aspects of starting such a business:

What are the initial steps to opening a water park?

The initial steps involve conducting a feasibility study to assess market demand, securing a suitable location, obtaining necessary permits and licenses, and designing the park layout. It's crucial to understand local regulations and ensure compliance with safety standards.

How much does it cost to start a water park?

The cost to start a water park can vary widely depending on the scale and location. For a medium-sized park in India, initial investments can be around INR 362 lakh (3.62 crore). This includes the cost for land, construction, plant and machinery, and other initial expenses.

What are the key components of a water park business plan?

A comprehensive business plan for a water park should include market research, a detailed project report, financial projections (including investment opportunities, cost and revenue, plant economics), a layout of the park, descriptions of attractions, and marketing strategies. The plan should also include a profitability analysis and a break-even point.

What are the most popular attractions to include in a water park?

Popular attractions in water parks typically include water slides, wave pools, lazy rivers, and children’s water play areas. Offering a variety of attractions can cater to different age groups and preferences, increasing the park's appeal.

What is the potential return on investment (ROI) and profitability of a water park?

Based on the provided figures, the rate of return is estimated at 41% with a break-even point at 38% of capacity utilization. This suggests a relatively high profitability, especially if the park maintains consistent visitor numbers. The ROI can be influenced by various factors including location, competition, and the uniqueness of the attractions offered.

These questions are essential for anyone looking into the feasibility and planning required to open and operate a successful water park.

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