Search
 

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.

 

See more

https://goo.gl/CFxLXJ

https://goo.gl/ZdFrZf


Contact us:

Niir Project Consultancy Services

106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: npcs.ei@gmail.com  , info@entrepreneurindia.co

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Website: www.entrepreneurindia.co  , www.niir.org


Tags

Indian Amusement Park Industry, Amusement Park Industry in India, Water Park Project Report, Build Water Park, Project of Water Park in India, Project Report on Water Park, Water Park Investment Opportunities India, Waterpark Projects, Build Profitable Waterpark‎, Water Park Equipment, Profitable Water Construction, Design and Construction of Water Parks, Profitable Kids Water Park, Setting Up Profitable Water Park, Family Entertainment and Amusement Parks, Entertainment Industry, Amusement Park Cum Water Park, Theme Park in India, Water Park Investment Opportunities, Water Park Industry, Business Opportunities in Water Park, Amusement and Water Park, Adventure Park in India, Amusement Park Industry, Entertainment Park, Water Parks in India, Best Water Parks in India, Water Park Equipment, Theme Parks in India, How to Start Theme Park In India, How to Open Water Park, Amusement Park Business Plan, Start Up Business Plan for Water Park, Water Park Business Plan, Water Park Project, Starting Water Parks Business, How to Start Your Own Water Park, Guide to Starting Water Parks, How to Start Small Water Park, Theme and Amusement Parks in India, Most Famous Amusement Parks in India, Opportunity in Water Parks Industry in India, Steps to Build Water Park, Starting Amusement & Theme Park, Free Amusement Park Business Plan, Beginners Guide to Starting Amusement Park, Fun Center Business Plan, Business Plan of Entertainment Park, Water Park for Profit, Family Entertainment Business Ideas, Leisure industry, Profitable Amusement Business, How to Design Water Park, Water Park for Beginners, Water Park Project Ideas, Projects on Small Scale Industries, Small Scale Industries Projects Ideas, Water Park Based Small Scale Projects, Project Profile on Small Scale Industries, New Project Profile on Water Park Industries, Project Report on Water Park Manufacturing Industry, Detailed Project Report on Water Park, Pre-Investment Feasibility Study on Water Park, Techno-Economic Feasibility Study on Water Park, Feasibility Report on Water Park, Free Project Profile on Amusement Parks, Project Profile on Theme Park, Download Free Project Profile on Amusement Parks, Industrial Project Report,  Project Consultant, Project Consultancy, NPCS, Niir, Process Technology Books, Business Consultancy, Business Consultant, Project Identification and Selection, Preparation of Project Profiles, Startup, Business Guidance, Business Guidance to Clients, Startup Project for Amusement Parks, Startup Project, Startup Ideas, Project for Startups, Startup Project Plan, Business Start-Up, Business Plan for Startup Business, Great Opportunity for Startup, Small Start-Up Business Project, Project Report for Bank Loan, Project Report for Bank Finance, Project Report Format for Bank Loan in Excel, Excel Format of Project Report and CMA Data, Project Report Bank Loan Excel, Detailed Project Plan Reports

 

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

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

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

   •     Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR