Economics of a Bumper Boat Pond
| The possible incomes for a
bumper boat pond vary depending on many different factors.
Among those variables are location, climate, other adjacent
complimentary attractions, and operational quality. The
following is a potential revenue for this attraction. Like
most boat ponds, it has three months of prime usage and two
months of secondary. Most bumper boat ponds have a short
season due to the necessity to get wet in order to have a
fun time. CRITERIA: 10 Boat Pond, 4000 sq. ft., 100,000
drawing population, 5 minute ride (8 minute cycle)
TOTAL RIDES PER HOUR: 7.5 x $3.50 x 10 = $262.50 per hour
MAXIMUM REVENUE PER DAY: $262.50 x 12 (10 a.m. to 10 p.m.) =
$3,150.00
Due to weather, school, people working during the day,
etc. very few locations will run anywhere near 100%
capacity. Thus, the following schedule shows possible
revenues for the pond. Allowing for five rain days a month,
there are an average of 25 operating days a month. 25 x
$3,150.00 = $78,750.00 per month max. |
| |
3 PRIME MONTHS |
2 OFF MONTHS |
TOTAL |
| 15% CAPACITY
|
$35,437.50 |
$11,812.50 |
$47,250.00 |
| 20% CAPACITY
|
$47,250.00 |
$15,750.00 |
$63,000.00 |
| 25% CAPACITY
|
$59,602.50 |
$19,687.50 |
$78,750.00 |
| 30% CAPACITY
|
$70,875.00 |
$23,625.00 |
$94,500.00 |
As
the revenues increase, so does the labor necessary to run the pond.
The following is a brief summary of the costs of running a pond:
| |
15% |
20% |
25% |
30% |
| Gross Income
|
$47,250.00 |
$63,000.00 |
$78,750.00 |
$94,500.00 |
| Labor |
7,500.00 |
8,250.00 |
10,000.00 |
12,250.00 |
| Insurance |
6,500.00 |
7,500.00 |
8,500.00 |
9,500.00 |
| Miscellaneous
(20%) |
9,450.00 |
12,600.00 |
15,750.00 |
18,900.00 |
| Net before
taxes |
$23,800.00 |
$34,650.00 |
$44,500.00 |
$53,850.00 |
Note: Gas,
Maintenance, and Miscellaneous = 20% of Gross
Note: Because of the variables involved in any pond, the above figures
are in no way to be construed as what your pond will do. The figures are
based upon revenues at existing parks doing revenues similar to those
shown above.
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