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Determine Your Budget |
Determining your project budget is perhaps one of the most difficult elements to confirm when developing your plans for the purchase of a waterslide or water play equipment. Your budget is a critical tool for steering you through the planning, purchasing, and building process.
The following areas should always be considered in when developing your budget:
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- Equipment cost
- Engineering
- Foundation and footing detail
- Pump Package
- Site work
- Installation
- Return on Investment*
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Return on Investment is often overlooked in the planning/budgeting process so we feel it’s worth calling attention to here.
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Return on Investment (ROI)
As you develop your budget it will be beneficial to remember that waterslides and water play equipment are revenue generators and offer the capacity of providing you with a return on your investment (ROI). Your new equipment is a fantastic addition to your facility (new or existing) and will create demand and excitement for your overall destination.
Typical financial benefits of adding a waterslide or water play equipment may include but are not limited to the following:
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Higher admission fees
New/Increased Memberships
Retain existing members
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Increased concession sales
Start-up of concession sales program
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Increased equipment rental
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Day storage lockers
Bathing towels
Pool Floatation Devices
Arcade sales
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Higher room rates
Higher occupancy levels
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