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Feasibility Studies

 
This forum is locked: you cannot post, reply to, or edit topics.   This topic is locked: you cannot edit posts or make replies.    Themed Attraction.com Forum Index -> Imagination Forum - Theme Park Attraction Design & Imagineering
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admin
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Joined: 28 Jul 2007
Posts: 381

PostPosted: Mon Jul 30, 2007 4:57 am    Post subject: Feasibility Studies Reply with quote

Hi there,

I assume that a feasability study is one of the first things done when a new park is being considered, correct? Does anyone have a clue on how expensive such a study is, roughly? Should I be thinking 100's, 1000's, 10,000's or even more?

Meloncov
Member
Posts: 172
(2/24/07 1:26 pm)
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New Post RE: Feasibility Studies
I suspect it varies a lot depending on how large the proposed project is. A family entertainment center that only draws a local audience and has only a half dozen attractions is a lot easier to calc that a park intended to draw people from across the globe.

No Limits Thriller
Member
Posts: 99
(2/24/07 2:16 pm)
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New Post Right Yeah, you're probably right. I was thinking about large, international theme parks...

No Limits Thriller
Member
Posts: 103
(3/24/07 5:53 am)
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New Post Info I just came across this website:

www.whitehutchinson.com/l...lity.shtml

They say the following:

Cost of Feasibility Studies
The total cost of a feasibility study depends on the location, size and nature of your proposed center. Generally, the market study phase of feasibility costs between US$9,000 and US$12,000 plus travel expenses for North American projects. Typical family entertainment and children's edutainment center studies cost $10,900 plus travel expenses. Complex projects with multiple type facilities, such as a combination fitness, recreation, aquatic and entertainment project, can cost more. Many international projects cost more due to longer travel times.

The cost of the economic feasibility phase (preliminary plans, cost estimates and financial pro formas) varies greatly based on the nature and size of the project, as this phase of work includes preliminary site, building and interior design work. Generally, this phase of feasibility costs between US$20,000 and US$40,000.

Once we understand your proposed project and your needs, we will be glad to give you a fixed fee proposal.

Now, where do I get $40,000?
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