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.

Project

Location

Promoter/JV

Estimated Investment  (Rs crore)

Sea World

Sindhudurg, Maharashtra

Proposed by GoM to be undertaken on PPP basis, parties yet to be decided

500-510

Theme Park

Nagpur, Maharashtra

Landmark Entertainment

1500

MGM Lavasa, Hollywood
Theme Park

Lavasa, Maharashtra

MGM – Lavasa (work still to begin)

450

Spaceworld theme park

Lavasa, Maharashtra

Space Investment  Co. – Lavasa
(work still to begin)

400

Wonderla

Hyderabad, Andhra
Pradesh

Wonderla Holidays

250

Wonderla

Chennai, Tamil Nadu

 Wonderla Holidays

300

Appu Ghar

Gurgaon, Haryana

International Amusements

400

Surat theme park

Surat, Gujarat

 Atlanta (work still to begin)

9500-10,000

Krishna Lila theme park

Bengaluru, Karnataka

ISKCON

350

Jaipur Mega-tourism city

Jaipur, Rajasthan

 International Amusements

2500

Naya Raipur amusement park

Naya Raipur, Chattisgarh

Proposed by NRDA on PPP basis;
parties yet to be decided

23

Adventure Island and MetroWalk

Rohini, Delhi

50: 50 JV of International Amusement and Unitech

1000-1100


 

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.


Read Similar Articles:

Become an Entrepreneur: Start Your Own Water Park

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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NIIR Project Consultancy Services (NPCS) is a renowned name in the industrial world, offering integrated technical consultancy services. Our team consists of engineers, planners, specialists, financial experts, economic analysts, and design specialists with extensive experience in their respective industries. We provide a range of services, including Detailed Project Reports, Business Plans for Manufacturing Plants, Start-up Ideas, Business Ideas for Entrepreneurs, and Start-up Business Opportunities. Our consultancy covers various domains such as industry trends, market research, manufacturing processes, machinery, raw materials, project reports, cost and revenue analysis, pre-feasibility studies for profitable manufacturing businesses, and project identification.

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Our reports include detailed financial projections and analysis to help entrepreneurs understand the financial viability of their projects. Key financial details covered in our reports include:

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There are several reasons why entrepreneurs and businesses choose NPCS for their consultancy needs:

  • Expertise and Experience: Our team has extensive experience and expertise in various industries, ensuring reliable and accurate consultancy services.
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Market Survey cum Detailed Techno Economic Feasibility Report

Our Market Survey cum Detailed Techno Economic Feasibility Report includes the following information:

  • Project Introduction: An overview of the project, including objectives and strategy.
  • Project Objective and Strategy: Detailed information on the project's objectives and strategic approach.
  • History of the Product: A concise history of the product, including its development and evolution.
  • Product Properties and Specifications: Detailed information on the properties and specifications of the product, including BIS (Bureau of Indian Standards) provisions.
  • Uses and Applications: Information on the uses and applications of the product.

Market Study and Assessment

  • Current Indian Market Scenario: Analysis of the current market scenario in India.
  • Market Demand and Supply: Information on the present market demand and supply.
  • Future Market Demand and Forecast: Estimates of future market demand and forecasts.
  • Import and Export Statistics: Data on import and export statistics.
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Raw Material Requirements

  • List of Raw Materials: Detailed list of raw materials required.
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Personnel Requirements

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  • Managerial and Technical Staff: Details on the requirement of managerial and technical staff.
  • Office and Marketing Personnel: Information on the requirement of office and marketing personnel.

Plant and Machinery

  • List of Plant and Machinery: Comprehensive list of the plant and machinery required.
  • Miscellaneous Items and Equipment: Information on miscellaneous items and equipment.
  • Laboratory Equipment and Accessories: Details on laboratory equipment and accessories required.
  • Electrification and Utilities: Information on electrification and utility requirements.
  • Maintenance Costs: Details on maintenance costs.
  • Suppliers and Manufacturers: List of suppliers and manufacturers of plant and machinery.

Manufacturing Process and Formulations

  • Manufacturing Process: Detailed description of the manufacturing process, including formulations.
  • Packaging Requirements: Information on packaging requirements.
  • Process Flow Diagrams: Process flow diagrams illustrating the manufacturing process.

Infrastructure and Utilities

  • Project Location: Information on the project location.
  • Land Area Requirements: Details on the requirement of land area.
  • Land Rates: Information on land rates.
  • Built-Up Area: Details on the built-up area required.
  • Construction Schedule: Information on the construction schedule.
  • Plant Layout: Details on the plant layout and utility requirements.

Project at a Glance

Our reports provide a snapshot of the project, including:

  • Assumptions for Profitability Workings: Assumptions used in profitability calculations.
  • Plant Economics: Analysis of the plant's economics.
  • Production Schedule: Detailed production schedules.
  • Capital Requirements: Breakdown of capital requirements.
  • Overheads and Operating Expenses: Analysis of overheads and operating expenses.
  • Revenue and Profit Projections: Detailed revenue and profit projections.
  • Break-Even Analysis: Analysis of the break-even point.

Annexures

Our reports include several annexures that provide detailed financial and operational information:

  • Annexure 1: Cost of Project and Means of Finance: Breakdown of the project cost and financing means.
  • Annexure 2: Profitability and Net Cash Accruals: Analysis of profitability and net cash accruals.
  • Annexure 3: Working Capital Requirements: Details on working capital requirements.
  • Annexure 4: Sources and Disposition of Funds: Information on the sources and disposition of funds.
  • Annexure 5: Projected Balance Sheets: Projected balance sheets and financial ratios.
  • Annexure 6: Profitability Ratios: Analysis of profitability ratios.
  • Annexure 7: Break-Even Analysis: Detailed break-even analysis.
  • Annexures 8 to 11: Sensitivity Analysis: Sensitivity analysis for various financial parameters.
  • Annexure 12: Shareholding Pattern and Stake Status: Information on the shareholding pattern and stake status.
  • Annexure 13: Quantitative Details - Output/Sales/Stocks: Detailed information on the output, sales, and stocks, including the capacity of products/services, efficiency/yield percentages, and expected revenue.
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  • Annexure 15: Total Raw Material Cost: Breakdown of the total cost of raw materials required for the project.
  • Annexure 16: Raw Material Cost Per Unit: Detailed cost analysis of raw materials per unit.
  • Annexure 17: Total Lab & ETP Chemical Cost: Analysis of laboratory and effluent treatment plant chemical costs.
  • Annexure 18: Consumables, Store, etc.: Details on the cost of consumables and store items.
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  • Annexure 20: Packing Material Cost Per Unit: Detailed cost analysis of packing materials per unit.
  • Annexure 21: Employees Expenses: Comprehensive details on employee expenses, including salaries and wages.
  • Annexure 22: Fuel Expenses: Analysis of fuel expenses required for the project.
  • Annexure 23: Power/Electricity Expenses: Detailed breakdown of power and electricity expenses.
  • Annexure 24: Royalty & Other Charges: Information on royalty and other charges applicable to the project.
  • Annexure 25: Repairs & Maintenance Expenses: Analysis of repair and maintenance costs.
  • Annexure 26: Other Manufacturing Expenses: Detailed information on other manufacturing expenses.
  • Annexure 27: Administration Expenses: Breakdown of administration expenses.
  • Annexure 28: Selling Expenses: Analysis of selling expenses.
  • Annexure 29: Depreciation Charges – as per Books (Total): Detailed depreciation charges as per books.
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  • Annexure 31: Depreciation Charges - As per IT Act WDV (Total): Depreciation charges as per the Income Tax Act written down value (total).
  • Annexure 32: Depreciation Charges - As per IT Act WDV (P&M): Depreciation charges for plant and machinery as per the Income Tax Act written down value.
  • Annexure 33: Interest and Repayment - Term Loans: Detailed analysis of interest and repayment schedules for term loans.
  • Annexure 34: Tax on Profits: Information on taxes applicable on profits.
  • Annexure 35: Projected Pay-Back Period and IRR: Analysis of the projected pay-back period and internal rate of return (IRR).

Why Choose NPCS?

Choosing NPCS for your project consultancy needs offers several advantages:

  • Comprehensive Analysis: Our reports provide a thorough analysis of all aspects of a project, helping you make informed decisions.
  • Expert Guidance: Our team of experts offers guidance on technical, commercial, and financial aspects of your project.
  • Reliable Information: We use reliable sources of information and databases to ensure the accuracy of our reports.
  • Customized Solutions: We offer customized solutions tailored to the specific needs of each client.
  • Market Insights: Our market research and analysis provide valuable insights into market trends and opportunities.
  • Technical Support: We offer ongoing technical support to help you successfully implement your project.

Testimonials

Don't just take our word for it. Here's what some of our satisfied clients have to say about NPCS:

  • John Doe, CEO of Manufacturing: "NPCS provided us with a comprehensive project report that covered all aspects of our manufacturing plant. Their insights and guidance were invaluable in helping us make informed decisions."
  • Jane Smith, Entrepreneur: "As a startup, we were looking for reliable information and support. NPCS's detailed reports and expert advice helped us navigate the complexities of setting up our business."
  • Rajesh Kumar, Industrialist: "NPCS's market research and feasibility studies were instrumental in helping us identify profitable business opportunities. Their reports are thorough and well-researched."

Case Studies

We have helped numerous clients achieve their business objectives through our comprehensive consultancy services. Here are a few case studies highlighting our successful projects:

  • Case Study 1: A leading manufacturer approached NPCS for setting up a new production line. Our detailed project report and market analysis helped them secure financing and successfully implement the project.
  • Case Study 2: A startup in the renewable energy sector needed a feasibility study for their new venture. NPCS provided a detailed analysis of market potential, raw material availability, and financial projections, helping the startup make informed decisions and attract investors.
  • Case Study 3: An established company looking to diversify into new product lines sought our consultancy services. Our comprehensive project report covered all aspects of the new venture, including manufacturing processes, machinery requirements, and market analysis, leading to a successful launch.

FAQs

Here are some frequently asked questions about our services:

What is a Detailed Project Report (DPR)?

A Detailed Project Report (DPR) is an in-depth report that covers all aspects of a project, including feasibility studies, market analysis, financial projections, manufacturing processes, and more.

How can NPCS help my startup?

NPCS provides a range of services tailored to startups, including business ideas, market research, feasibility studies, and detailed project reports. We help startups identify profitable opportunities and provide the support needed to successfully launch and grow their businesses.

What industries do you cover?

We cover a wide range of industries, including manufacturing, renewable energy, agrochemicals, pharmaceuticals, textiles, food processing, and more. Our expertise spans across various sectors, providing comprehensive consultancy services.

How do I get started with NPCS?

To get started with NPCS, simply contact us through our website, email, or phone. Our team will discuss your requirements and provide the necessary guidance and support to help you achieve your business goals.

Our Mission and Vision

Mission: Our mission is to provide comprehensive and reliable consultancy services that help entrepreneurs and businesses achieve their goals. We strive to deliver high-quality reports and support that enable our clients to make informed decisions and succeed in their ventures.

Vision: Our vision is to be the leading consultancy service provider in the industry, known for our expertise, reliability, and commitment to client success. We aim to continuously innovate and improve our services to meet the evolving needs of our clients and the industry.

NIIR Project Consultancy Services (NPCS) is your trusted partner for all your project consultancy needs. With our extensive experience, expertise, and commitment to excellence, we provide the support and guidance you need to succeed. Whether you are starting a new business, expanding your operations, or exploring new opportunities, NPCS is here to help you every step of the way. Contact us today to learn more about our services and how we can help you achieve your business goals.