You are on page 1of 144

A

FEASIBILITY REPORT
ON

AMUSEMENT PARK

THIRD YEAR M.B.A


2009-2010

K.S SCHOOL OF BUSINESS


MANAGEMENT
GUJARAT UNIVERSITY
AHMEDABAD-380009
CERTIFICATE

This is to certify that members of group of Third year M.B.A. of

K.S School of Business Management and Research have

successfully completed their feasibility report on AMUSEMENT

PARK for the academic year 2009-2010 and have duly submitted

to the institute.

Date of submission Project Guide

(08 03 2010) (BINDYA SONI)

K.S School of Business Management

Gujarat University,

Ahmedabad -380009

ROLL NO. NAME


3003 JIGAR BHAVSAR

3015 SACHIN DARJI

3030 KRUPALI MANANI

3032 HARSHIL MEHTA

3033 KHUSHBU MEHTA

3034 KRISHNA MEHTA

3036 DHAVAL MESURANI

3055 RISHIT PATEL

3060 DHRUMI SHAH

3062 HELI SHAH

3101 RACHANA KHANDHAR

INDEX
SR. NO. PARTICULAR

1 ACKNOWLEDGEMENT

2 PREFACE

3 WHAT IS FEASIBILITY REPORT?

4 AMUSEMENT PARK

5 PEST ANALYSIS

6 LEGAL DOCUMENTS

7 PLANT LAYOUT

8 7 P'S OF SERVICES

9 HR FEASIBILITY

10 MARKETING FEASIBILITY

11 FINANCIAL FEASIBILITY

12 SWOT ANALYIS

13 CONCLUSION

14 BIBLIOGRAPHY

15 ANNEXURE

ACKNOWLEDGEMENT
This project has given us a tremendous opportunity to enhance

our knowledge and skills. So With the deep sense of gratitude,

our group expresses heartfelt regards to the director of K.S

School of Business Management, Dr. Sarla Achuthan, who gave us

a valuable opportunity towards practical training.

We are indebted to our project guide Mrs. Bindya Soni for

providing constant support and unceasing guidance throughout our

feasibility on AMUSEMENT PARK

We acknowledge the contribution of all our faculties and all those

who have directly or indirectly offered timely help and

encouraged us throughout our project.

Last but not the least all the people whom we surveyed and whom

we met for our report deserve our sincere thanks for their

cordial co-operation and for sparing their valuable time.

PREFACE
Practical knowledge is like a candle that leads to the way

through the dark passages of ignorance

This saying has played a vital role and has guided us throughout

the report. The purpose of preparing this report is to get an idea

about how an individual has to plan each and everything before

starting a new venture.

This practical training develops awareness in students about the

difficulties and challenges of business world.

Knowledge is power and ideas that rule the world

The preparation of this report is a part of practical studies in

MBA. In order to fulfil these objectives we have come up with

the team effort presenting an in depth feasibility report on

AMUSEMENT PARK this report had provided us with an

opportunity to get a glimpse of the working of AMUSEMENT

PARK.

We have put in our efforts and tried our level best to present

this report based on our research.

WHAT IS FEASIBILITY STUDY???


A feasibility study is a process designed to determine the

difficulty in carrying out a designated task. Generally, a

feasibility study precedes technical development and project

implementation. In other words, a feasibility study is an

evaluation or analysis of the potential impact of a proposed

project.

Five factors to be taken care off in feasibility report

Technology and system feasibility

Technological feasibility is carried out basically to determine

whether the company has the capability in terms of software,

hardware, personnel and expertise to handle the completion of

the project.

Economic feasibility

Economic analysis is the most frequently used method for

evaluating the effectiveness of a new system. More commonly

known as cost/benefit analysis, the procedure is to determine the

benefits and savings that are expected from a candidate system

and compare them with costs. If benefits outweigh costs, then

the decision is made to design and implement the system.

Legal feasibility
Determines whether the proposed system conflicts with legal

requirements e.g. data processing system must comply with the

local Data Protection Acts.

Operational feasibility

Is a measure of how well a proposed system solves the problem,

and takes advantages of the opportunities identifies during scope

definition and how it satisfies the requirements identified in the

requirements analysis phase of system requirement.

Market feasibility

Market feasibility study typically involves testing geographic

locations for developing any project, and developers often

conduct market studies to determine the best location within a

jurisdiction. It takes into account the importance of the business

in the selected area.

Resource feasibility

This involves questions such as how much time is available to build

the new system, when it can be built, type and amount of

resources required, dependencies, etc. Contingency and mitigation

plans also are stated here.

Cultural feasibility
In this stage, the projects alternatives are evaluated for their

impact on the local and general culture. For example,

environmental factors need to be considered and these factors

are to be well known. Further an enterprises own culture can

clash with the results of the project.


AMUSEMENT PARK
Amusement park and theme park are terms for a collection of

rides and other entertainment attractions assembled for the

purpose of entertaining a large group of people. An amusement

park is more elaborate than a simple city park or playground,

usually providing attractions meant to cater to children,

teenagers, and adults.

Amusement parks evolved in Europe from fairs and pleasure

gardens which were created for peoples recreation. The oldest

amusement park of the world (opened 1583) is Bakken, at

Klampenborg, north of Copenhagen, Denmark.

Fairs and pleasure gardens

Periodic fairs, such as the Bartholomew Fair which began in

England in 1133, are a parent for the modern amusement park.

Beginning in the Elizabethan period the fair had evolved into a

center of amusement with entertainment, food, games, and

carnival-like freak-show attractions. The seasonal celebration was

a natural place for development of amusement attractions.

Amusement parks also grew out of the pleasure gardens that

became especially popular at the beginning of the Industrial

revolution as an area where one could escape from the grim urban

environment.
The "Golden Age" of amusement parks

During the Gilded Age, many Americans began working fewer

hours and had more disposable income. With new-found money and

time to spend on leisure activities, Americans sought new venues

for entertainment. Amusement parks, set up outside major cities

and in rural areas, emerged to meet this new economic

opportunity. These parks reflected the mechanization and

efficiency of industrialization while serving as source of fantasy

and escape from real life. By the early 1900s, hundreds of

amusement parks were operating in the United States and Canada

This era saw the development of the new innovations in roller

coasters that encouraged extreme drops and speeds to thrill the

riders. By the end of the First World War, people seemed to want

an even more exciting entertainment, a need met by the roller

coasters. Although the development of the automobile provided

people with more options for satisfying their entertainment

needs, the amusement parks after the war continued to be

successful, while urban amusement parks saw declining

attendance. The 1920s is more properly known as the Golden

Age of roller coasters, being the decade of frenetic building of

these rides.

Depression and post-World War II decline


The Great Depression of the 1930s and World War II during the

1940s saw the decline of the amusement park industry. War saw

the affluent urban population move to the suburbs, television

became a source of entertainment, and families went to

amusement parks less often.

By the 1950s, factors such as urban decay, crime, and even

desegregation in the ghettos led to changing patterns in how

people chose to spend their free time. Many of the older,

traditional amusement parks closed or burned to the ground.

Many would be taken out by the wrecking ball to make way for

suburban living and development. In 1964, Steeplechase Park,

once the king of all amusement parks, closed down for good. The

traditional amusement parks which survived, for example,

Kennywood, in West Mifflin, Pennsylvania, and Cedar Point, in

Sandusky, Ohio, did so in spite of the odds.

The modern amusement park

Modern amusement parks now run differently than those of years

past. Amusement parks are usually owned by a large corporate

conglomerate which allows capital investment unknown by the

traditional family-owned parks. Starting with Disneyland in the

1950s, the park experience became part of a larger package,

reflected in a television show, movies, lunch boxes, action figures


and finally park rides and costumed characters that make up the

"theme." These parks offer a world with no violence or social

problems. The thrills of the theme parks are often obscured from

the outside by high fences or barriers re-enforcing the feeling of

escape, they are kept clean and new thrill rides are frequently

added to keep people coming back. In addition to this experience,

the theme park is either based on a central theme or, divided into

several distinctly themed areas, lands or "spaces." Large resorts,

such as Walt Disney World in Florida (United States), actually

house several different theme parks within their confines.

PEST ANA
ANALYSIS
YSIS
Analysis of external environment in which the Amusement Park

operates. It includes the following factors.

Political Environment

General political atmosphere, particularly political stability is very

important for the successful operation of the business. It covers

those factors, which restrain or facilitate the business through

the government action. It may include political atmosphere,

political parties, government administration, political stability etc.

Amusement park will be influenced by the political changes. A

change in the administration at the centre may also lead to a

change in the tax rates, which may harshly affect the net

revenue earned by the amusement park. Along with this rules and

regulation regarding the licensing policy may also affect the

working of the amusement park. It may hinder the growth and

development or the expansion of the amusement park.

Economic Environment

Economic environment plays an important role in the amusement

park industry. Since it is the disposable income of the individual


which turns into the income of the amusement park the income

level of the individual is the most important factor for the

amusement park industry. And the economic environment has a

direct impact on the level of the income of an individual and this

will have an indirect impact on the working of the amusement

park.

Social Environment

Main motive of any amusement park is to entertain the public so

the social environment is the most important for any amusement

park. It include demographic and culture aspects of the external

macro environment.

We have also taken in to consideration factors like population

growth, age distribution, and change in trend.

Technological Environment

One of the most important aspects of shaping peoples lives is

technology. The business, which moves with latest technology, can

excel their growth. Every new technology is a force for creative

destruction. More over the innovating process always leads to an

increase in the investment. Technological inventions are


introduced for higher productivity, lower cost and more revenues.

Technology refers to sum total of the knowledge providing ways

to do things. Organization must give constant consideration to the

manner in which innovation may affect their product and internal

operating efficiency and generate more revenue in the end.

Like Disney world introduces new rides and event every

year for the purpose of attracting more and more people.

But here in Gujarat what happens is people are not ready

to spend high price on rides so what happens is the

amusement park owners are not willing to invest more in

technology and introduce new rides at regular interval.


REPORT AT GLANCE

NAME OF THE AMUSEMENT PARK: - EXCITE WORLD

ADDRESS: - Suramya Adobe,

Sanand-nal sarovar road,

Sanand.

Ahmedabad

CONSTITUTION: - Partnership Firm

SERVICE: - Entertainment

COST OF PROJECT: - Rs. 6,52,85,000

MEANS OF FINANCE Partners Capital

Borrowed Funds
LEGAL DOCUMENTS
Legal document includes the following: -
1. Partnership deed
2. Sanction letter of loan
3. License

Application for License

No objection Certificate from: -

Engineers

Chief of fire department


Application for approval to the local Police
Department

License

PARTNERSHIP DEED
Partnership is an association of 2 or more people who come
together for achieving some common goals. A written document
which binds them and gives them a legal enforcement right is
called a partnership deed. Our partnership deed is as follows:

In all we are 6 partners. A partner may be admitted or may retire


with the mutual consent of all other partners. Name and the
address of all the partners are as follows:

1) Date:

This deed of partnership executed on between


2.00 pm to 5.30 pm

2) Address:

1. KHUSHBU MEHTA

C/201 CHANDANBALA,

OPP. SUVIDHA SHOPPING CENTER,

PALDI, AHMEDABAD

2. HELI SHAH

6, SHITAL CHHAYA,

SUKETU SOC.,

NAVRANGPURA, AHMEDABAD

3. KRISHNA MEHTA

33- ARUNODAYPARK SOC.,


NAVRANPURA, AHMEDABAD

4. KRUPALI MANANI

31-SHIVSAGAR SOCIETY,

PART-2 OPP. AVANI PARK,

JIVRAJ PARK, AHMEDABAD

5. DHAVAL MESHURANI

17/A HIGHLAND PARK SOCIETY,

NEAR GULBAI TEKARA PASSPORT OFFICE,

NAVRANPURA, AHMEDABAD

6. SACHIN DARJI

111/1329-SHREE NAGAR APARTMENT,

SOLA ROAD,

NARANPURA, AHMEDABAD

7. HARSHIL MEHTA

C-42 MALHAR APARTMENT,

VASANA, AHMEDABAD

8. DHRUMI SHAH

F-6 ANURAG FLAT,

SHANTIVAN,

NARAYAN NAGAR ROAD,


PALADI, AHMEDABAD

9. RACHANA KHANDHAR

A/51 SKYLARK APARTMENT

OPP. BIMA NAGAR,

SATELLITE, AHMEDABAD

10. RISHIT PATEL

A-302, SUKIRTI ELEGANCE

NEAR. VRAJ VIHAR 2

OPP: - STAR BAZAAR

SATELLITE, AHMEDABAD

11. JIGAR BHAVSAR

72 TIRTHNAGAR SOC

PART-1

MEMNAGAR, AHMEDABAD

3) PREMBLE:

If the deed is retrospective


Were as the aforesaid party have come together to carry on
business of Amusement park, as from and the
terms and conditions of the partnership as agreed to are
hereby in writing.

a. Date of commencement

b. Business of partnership

The partnership will carry on the business of Amusement


park and such other business or business as the parties may from
time to time.

c. Name

The name of partnership firm shall be Excite Land and other


name or names as the parties may from time to time.

d. Place of business

Place of business shall be at and


such other name or name as the parties from time to time
determine.

e. Duration

The partnership shall be a partnership a will.

f. Capital

The capital contribution by the parties shall be follows.

Nine partners of the firm bring amount equivalent to RS.


1662000 each and two partners bring the amount equivalent
to Rs. 1663500 and other contributions as the parties may
from time to time determine.

g. Sharing of Profits and Losses:

All the partners of the firm will receive or bear the profits
and losses of the firm for the full and final settlement of the
claim in the profit of the firm and such ratio of contribution as
the partners may time to time determines. Current ratio is
equal between all the partners.

ASSUMPTIONS
We share profit and loss in the same proportion.

6% interest on capital is allowed p.a.

Interest on loan is provided for at 11%

For any other matter on which our deed is silent the rules
of Partnership Act, 1932 shall apply.

308, 3rd Floor, The Grand Mall, Opp: - SBI Zonal Office, S.M.Road, Ambawadi,

Ahmedabad 380015. Ph. No. (079) 30076571 / 74


TO,

FUN VALLEY,

SURAMYA ADOBE,

SANAND-NAL SAROVAR ROAD,

SANAND -382110

Dear Sir,

Sub: Sanction letter for loan of application for Rs. 4, 70, 00000

We hereby give you the provisional sanction for loan application for 47000000
under terms and condition mention below.

Rate of interest will be charged at 11%


Any charge in the rate of interest will be binding to you.
Repayment period will be for 120 months. The first month will start from
april,2010
All the borrowers will be personally liable for borrowing amount
Work place will be mortgage fully in favour of bank
All the documents as per bank rules will be submitted before the
disbursement of loan

We confirm the above terms and condition and accept the loan approval.

(Mr. Pankaj
Doshi)

Branch
manager
MkwhB yzkuk
Mkkt-LkMkhkuh
hkuz,
Mkkt.
kk.
rk,
kkueMk fr{Lkh e,
Mkkt kkueMk MxuLk,
Lw yuhk kkLke Mkk{u,
Mkhus-Mkkt nkEu, Mkkt
rk : yufMkkE uLz, yBw{uLx kkfo{kt
{wkfkkeykuLku u ykkk ko 2010 {kxuLkk
kwfk yLku r{kEMkeMk kEMkLMk kkkk.
e{kLk,
MkrLk Wkhkuk rk yLu ykkeLku skkLkwt
fu, khk yufMkkEx uLz, yBw{uLx kkfo [kk{kt yku Au
kkk yk skyu {kuxe {kkk{kt {wkfkkeyku {wkfkk u
Au. yuMkkEx uLz, yBw{uLx kkfo{kt Mkk{keLkk,
Mkk[ukeLkk kkk ku{Lke sYhe k{k{ MkkzLkk kkkt
uk{kt yku Au kkk yk Mkkku yuMkkExuLz,
yBw{uLx kkfoLkk yMk kEMkLMk kkk sYhe {kkkku
Mkk{u hkk{kt yku Au. Wkhktk yk ytkuLke sYhe Ve
YkY kEMkLMk rkk, kkueMk fr{LkheLke f[uhe,
knekkk kku s{k fhkk{kt yku suke yuMkkExuLz,
yBw{uLx kkfo{kt {wkfkkeykuLku u ykkk ko -
2010 {kxuLkk kwfk yLku r{kEMkeMk kEMkLMk ykkk
rLktke Au.
(e yu{.yuMk.kxu)
zu. Bw. fr{Lkh (rk kuLk)
Mkkt
kezk : yuMkkExuLz, yBw{uLx kkfoLkk yMk kEMkLMk
kkk nuk, kezk, Vkh yLku kExLkk yMk {kkk
Mkk{u Au.
SANAND NAGAR PALIKA

SOUTH ZONE,

SANAND

Date : 10-1-2010

NO OBJECTION CERTIFICATE

This is to certify that the booking premises of Excite Land, Amusement


Park has been checked and found ok. The booking office buildings are in good
condition.

(Civil License) Engineer

Additional City

(South Zone)
SANAND NAGAR PALIKA

FIRE AND EMERGENCY SERVICE

SANAND FIRE STATION

SANAND 382110.

PH: 2213587/88/89.

Date :

NO OBJECTION CERTIFICATE

This is to certify that we have checked the Excite Land Booking Premises
and found it good in condition, Department has found good in condition,
Department has also good care for fire safety aspect.

Chief Fire Officer


kwfk khkLkku

kk. : 5/01/2010
kkueMk fr{h f[uhe,
Mkkt kkwfku.

{wtkE kkueMk yrrLk{, 1951Lke f{ 33 (1)


(yuMk)ke kkueMk fr{~Lkh Mkkt kkwfku k ku
MkkkLke yu ku{s kwshkk Mkhfkh khVke {u kquo
{tsqheke kkueMk fr{~Lkh Mkkt kkwfku khefu
Mkkkke MkkosrLkf {LkkuhtsLkLke skyku {kxuLkk
rLk{kuLke hkku yLku rLktkkuLku ykrLk ykke e
zuwxe BwrLkrMkk fr{~Lkh (rk kuLk), Mkkt.
MkktLkkLku Mkkt Lkkhkkrfk (Mkt[krk) MktMkkLkk
Lku{ nuX yLku 2010 Lkk 1-4-2010 ke 31-3-2011 kkhe
Mkwe Mkkh fkf 9.00 ke hkke fkf 22.00 Mkwe Mkkt
kkwfkLkk Lkk Mku kLkkh {LkkuhtsLk kuk {kxu yk
Lke[u kou (xuLk) fw 6 kkheyuke ku Mkk{u kou
ko yLku hLkk ukk/kkMk {wfho kuXf MktkLke
fr{~LkhLku Wkhkuk fkkke {u Mkkkke yrf]k fhkwt
kMkLMk ykkk{kt yku Au. yk kMkLMk Wkh rLk
fhu rLk{ku nuX {kufwV fu h kkLku kkk hnuu.

yks kk. 12 {knu Lwykhe yLku 2010Lkk hkus Mkne yLku


rMkk fheLku ykk.

kkueMk fr{~Lkh
Mkkt kkwfk ke.
LkkU : {wtkE kkueMk yrrLk{ 1951Lke Lkf-33 nuXLkk
rLk{Lkk WuLk k f{ - 131 (5) {wsk Mk{Lkk kkk
hnuu.
MkkosrLkf yk{ku {kuLkk Mkku ytku zkuk
rLk{kuLkk rLk{ 10 nuX sk {kxuLkwt kMkLMk

kMkLMk Lktkh : 02/02/-

{wtkE kkueMk yrrLk{ 1951 (MkLku 1951 Lkk {wtkELkk


22 {k) Lke f{ 33(1) ke kkueMk fr{~Lkh, Mkkt
kkwfk{kt rLkrnk kuk MkkkLke yu yLku kwshkk
MkhfkhLke kquo {tsqheke Mkkt kkwfku rMkkh{kt
MkkosrLkf y{ku {kuLkk Mkku {kxu zkuk rLk{ku{kt
sku hkku yLku rLktkkuLku yrLk hneLku zuwxe
Mkkt Lkkhkkrfk, Mkkt. MkwhB yuzkuk, Mkkt-Lk
Mkhkuh hkuz Mkkt kku {LkkuhtsLk /ykLkt {kuLke
sk khefu kkhe 1-4-2010 ke 31-3-2011 Mkwe Mkkh fkf
09/00 ke hkkeLkk fkf 22/00 kk Mkwe we hkk
{kxu yrf]k fhuwt ku{kEMkeMk/kVkuo{LMk kMkLMk
ykkk{kt yku Au. yk kMkLMk Wkh rLk fhu rLk{ku
nuX ku {kufwV fu h kkLku kkk hnuu.

Mktrk oLk
(1)VLk ue kku - u Ve kwk {kxu Y. 60 (MkkX)
kkfku {kxu Y. 40 ([keMk)
[Lk Lktkh :
yks kk. : 12 {knu Lwykhe 2010Lkk hkus {khk Mkne rMkk
fhe ykkw Awt.

kkueMk fr{~Lkh
Mkkt kkwfk ke
rk
zuwxe BwrLkrMkk fr{~Lkh
Mkkt kkueMk MxuLk
Lw yuhk MfwLke Mkk{u,
Mkkt 382110

Lkf hkLkk :
kkueMk ELMkufxhe,
Mkkt kkueMk MxuLk,
Mkkt kkwfku

hk- Mkkhw ku{s MkkosrLkf yk{ku {kuLkk Mkku


ytku hSMxh{kt LkkU kk Mkkhw Lkf Mk. hkLkk.
1) fr{~Lkh e, {LkkuhtsLk fh, Mkr[k, kkteLkkh
2) {k{kkhe, {LkkuhtsLk fh, fufxh f[uhe, Mkkt

STEPS OF FEASIBILITY
REPORT
As a part of our feasibility study we conducted the following
steps: -

We visited various amusement parks and water parks: -

Kankariya

Chiti bang, law garden

Shankoos water park, mehsana

We did a market survey of 600 people

We have contacted various manufacturers and suppliers of


the amusement park equipments

A.K enterprise

Arihant enterprise

Top land
PLANT LAYOUT

MEASUREMENTS

Parking 582.2 x 121.4 (in meter)

Ticket window 5.33 x 2.38 (in meter)

Office 5.45 x 9.9 (in meter)


Fountain 5 x 29.31 (in meter)

Restaurant 95 x 15 (in meter)

Play port 525.1316

Ticket window(for rides) 6.87 x 10 (in meter)

Adult rides 31.76 x 68.76 (in meter)

Children ride 15.47 x 21.5 (in meter)

Lotus pond 19.1 x 36.14 (in meter)

Sitting (only slab) 28.59 x 29.6 (in meter)

Sitting without shadow 24.7 diameters

Sitting with shadow 33.69 diameters

Train track - 6623.5544 diameters

RIDES IN AMUSEMENT PARK INDUSTRY


RIDES

Kiddies rides
BIKE HORSE

SPECIFICATION

SIZE: - 4 X 2 FEET

CAPACITY: - 1 PERSONS

PRICE: - Rs. 60,000 PER PIECE

GLOBE MERRY GO ROUND

SPECIFICATION
SIZE: - Dia 6 Ft. Ht. 8 Ft.

CAPACITY: - 4 PERSONS

PRICE: - Rs.75, 000

VIDEO GAMES

Video race Bike Speed champ car


Monaco GP video car

SPECIFICATION

SIZE: - 5 X 3 FEET

CAPACITY: - 1 PERSON

PRICE: - Rs. 1 LAKH PER PIECE

SKILL GAMES

Air Hockey
SPECIFICATION

SIZE: - 102X60X72H

CAPACITY: - 2 PERSON

PRICE: - Rs. 70,000 PER PIECE

BASKET BALL

SPECIFICATION

SIZE: - 84X42X84H

CAPACITY: - 2 PLAYERS

PRICE: - Rs.75, 000 PER PIECE


GIFT GAMES

BOXING

SPECIFICATION
SIZE: - 5X5

CAPACITY: - 1 PERSON

PRICE: - Rs. 75, 000

FAMILY RIDES

GREAT WESTERN EXPRESS


SPECIFICATION

SIZE: - 500 FT TRACK

CAPACITY: - 20 ADULTS

PRICE: - Rs. 8, 00,000

CONTAINS: - 4 BOGGIES + 1 ENGINE

BOUNCIES
MULTIPLE ACTIVITIES BOUNCY

SPECIFICATION

SIZE: - 12 X 15

CAPACITY: - 15 CHILDREN

PRICE: - Rs. 75, OOO

FAMILY THRILL RIDES


FLUME COASTER

SPECIFICATION

SIZE: - 30 X 80

CAPACITY: - 6 PERSON AT A TIME

PRICE: - Rs. 35, OO, OOO


TORA TORA

SPECIFICATION

SIZE: - 30 Ft. Dia

CAPACITY: - 36 PERSONS AT A TIME

PRICE: - Rs. 20, OO, OOO


STRIKING CAR

SPECIFICATION

SIZE: - 2, 000 SQ. FT

CAPACITY: - 1 PERSON IN 1 CAR

PRICE: - Rs. 25 LAKH FOR 5 CARS AND Rs. 1.5 LAKH FOR
EACH ADDITIONAL CAR.
WALKING ANIMALS AND CARS

SPECIFICATION

CAPACITY: - 1 CHILD

PRICE: - Rs. 50, 000 PER PIECE


PLAY PORT

SPECIFICATION

PRICE: - Rs. 25,000 PER PIECE

INSTALLATION COST: - Rs. 50, 000


7 Ps of
service
SERVICE
PRODUCT
Core Benefit:-

The most fundamental level is the core benefit. It is the

fundamental service or benefit that the customer is really buying.

The Core Benefit of amusement park is to entertain the visitors

in their leisure time.

Basic Product:-

In this level the marketer has to convert the Core Benefit into

Basic or Generic Product. Here the marketer has to put emphasis

on satisfying the basic need of the customer.

The Basic Product constitutes the amusement park.

Expected Product:-

At the third level, the marketer introduces an

Expected Product, a set of attributes and conditions buyers


normally expect when they purchase the product. It is their

minimum expectation.

The visitors of the amusement park normally expects a

safe and healthy environment which will help them to entertain

them self during their leisure time

Augmented Product:-

At the fourth level, the marketer prepares an Augmented Product

that exceeds customers expectation. The Augmented Product is

built up in order to make it competitive and attractive. It offers

the additional benefit.

The Augmented Product of amusement park is to have thrilling

rides with hygiene food court

Potential Product:-

At the fifth level stands the Potential Product, which

encompasses all the possible Augmentation and transformation


the Product or offering might undergo in the future. Here is

where companies search for new ways to satisfy customers and

distinguish their offers. Here the innovations play a very

important role.

The Potential Product for amusement park is to have fully wi-fi

zone and theme based parks.


PRICE

Price constitutes one of the most important ingredients of the

marketing mix. Any decision made by the management under any

other mix of marketing affects the decision of the price of the

product and in turns affects the decision of any other mix. Price
is the only mix in the marketing mix, which generates revenue for

the firm.

Amusement parks collect much of their revenue from admission

fees paid by guests attending the park. Other revenue sources

include parking fees, food and beverage sales and souvenirs.

Practically all amusement parks operate using one of two pricing

policies:

Pay-as-you-go

In this format, a guest enters the park at little or no charge. The

guest must then purchase rides individually, either at the

attraction's entrance or by purchasing ride tickets (or a similar

exchange method, like a token). The cost of the attraction is

often based on its complexity or popularity. For example, a guest

might pay one ticket to ride a carousel, but would pay four tickets

to ride a roller coaster. The park may allow guests to purchase

unlimited admissions to all attractions within the park.

The advantages of pay-as-you-go include:

guests pay for only what they choose to experience

attraction costs can be changed easily to encourage use or

capitalize on popularity
The disadvantages of pay-as-you-go include:

guests may get tired of spending money almost continuously

guests may not spend as much on food or souvenirs

Pay-one-price

An amusement park using the pay-one-price format will charge

guests a single, large admission fee. The guest is then entitled to

use almost all of the attractions in the park as often as they wish

during their visit. The park might have some attractions that are

not included in the admission charge; these are called "up-charge

attractions" and can include bungee jumping or go-kart tracks or

games of skill. However, the majority of the park's attractions

are included in the admission cost.

The advantages of pay-one-price include:

guests can more easily budget their visit

guests may be more likely to experience an attraction

they've already paid for

lower costs for the park operators, since ticket-takers are

not needed at each attractions

The disadvantages of pay-one-price include:


guests will often be paying for attractions that they do not

ride or visit

guests who are simply coming just to be with their families

will have to pay anyway

In our report we have adopted the pay-as-you-go pricing policy

where we charge very little admission fees and then offer the

visitor to purchase the ride individually.

Charges of various products offered by us:

Parking fee Charges

Two wheeler 10/-

Four wheeler 20/-

Children
Senior
Entry fee ( below 10 Adults
citizen/disabled
yrs)

Charges 40/- 60 20

Rides Charges

Bike 10/-

Walking animal (COMPLEMENTARY)

Globe merry go round 20/-


Great western express ( mini 25/-

train)

Joker jumping (COMPLEMENTARY)

Striking car 25/-

Flume coaster(water ride) 30/-

Tora tora 20/-

Cup and Saucer 20/-

Dragon missile 20/-

Basket ball(2 players) 30/-

Air hockey(2 players) 30/-

Rock climbing (COMPLEMENTARY)

Video games 20/-


PLACE

The location is very important aspect in economic analysis of any

project as it plays a vital role in continuing life of the business as

in future. The firm has to leverage the advertisement while

operating with location of plant as the biggest constraint.

For our amusement park we have selected SANAND

Address of the following is as under


Place: Sanand

Address: Suramya Adobe,

Sanand-nal sarovar road,

Sanand.

Ahmedabad

Location preference:

Why we have chosen SANAND?

We have chosen Firstly because it is near to Ahmedabad.

Secondly, Sanand is currently one of the highly developing areas.

Thirdly, availability of the suitable market. Fourthly, cheap

availability of all the services required for the smooth working

for the amusement park.

Area: 304920 sq. feet.


PROMOTION

Promotion means which marketers talk to existing customers

and potential buyers. Simple but," promotion is the marketing

communication.

To promote any product or any service, it is essential to

decide some of the objectives. The basic objectives of the

promotion mix for service may fall under one of the following.

Develop personal relations with clients


Making a strong impression of competency, honesty and

sincerity.

Manage to maintain a positive image by word of mouth.

Based on above detailed objectives for the promotion of our

Amusement Park we have decided several criteria to implement

above objectives.

Consumer Promotion

Discount

We offer discount to

o School picnic

o Parties (banquet hall)

Tie-up with tours & Travel Companies

Advertising
Advertisement is non-personal form of communication

intended to inform and persuade the target market by an

identified sponsors.

We do advertising for promotion of our service. this is

described in more details in 5 Ms of marketing.

5 Ms of advertising

1. Mission

It is all about setting advertisement goal in the initial stage.

Initially we preferred informative advertisement in order to


inform the existence of new amusement park near to them and

to ensure them safe journey in our rides

And when we become well set in our business and gain the

popularity among the visitor we will switch over to persuasive

advertising to create liking, preference and conviction.

2. Money

Factors affecting advertising budget

a) Stage in product life cycle:

In the initial stage, our advertising budget is high because we

are new in the field of amusement park. Afterwards, it will be

low compare to first year

b) Market share and Consumer base:

As we are new in the field of amusement park we have less

market share so our advertising budget is high. Gradually, we

will have a set of loyal visitors so our budget will decrease in

future.

c) Competition:

no doubt there is less competition in Sanand in the field of

amusement park but still as our amusement park is new and


very less people are aware about the amusement park it is very

important for us to make them aware and for that we have set

a high advertising budget for now which will decrease in future.

d) Advertising Frequency:

In the first year our advertising frequency will be high

therefore advertising budget will be high. Later on it will

decrease.

3. Message:

Efficiency of message depends upon not only on what is said

but also often more important how it is said. Hence, the

message plays an important role in organizations image.

Our amusement parks message is YOUR FASCINATING

JOURNEY BEGINS FROM HERE .........

4. Media:

Media selection is finding the most cost-effective media to

deliver the desired number and type of exposures to target

audience. The effect of exposures depends on reach,

frequency and impact.


Following are the media vehicles that we have selected for our

advertisement.

Print ads:

It includes advertisement in The Times of India, Divya

Bhaskar etc. costing Rs. 125000 per ad.

Hoardings:

It includes hoarding on highways costing Rs. 200000 per

month.
PROCESS

The importance of process management is that it assures service

availability and consistent quality.

In our amusement park we have designed a specific process which

every visitor is expected to follow. It includes following: -

1. An admission fee per person is to be paid at the counter and

stamps are to be collected.

2. After collecting the stamps all the personal belongings are

to be deposited at the counter and token is to be collected

which is to be retained by the visitor till the time they come to

the exit point.


3. Once the visitor enters the amusement park in order to

enjoy the ride they have to collect the ticket from the

respective ticket counter by paying the specific amount per

person per ride.

This is the formally set process which is expected to be

followed by the visitors.


PEOPLE

A well trained and experienced work force is been employed in

our amusement park which includes a total of 52 employees

including superintendent, ride operators, accountants, ticket

collectors etc.
PHYSICAL

EVIDENCE

A physical object is self defining; a service is not and therefore

the marketing task in service industries is defining for the

service what the service cannot define for itself.

Three factors are to be taken care off

Ambient factor

Design factor

Social factor
In our amusement park we have completely taken care of

ambience factor i.e. cleanliness etc. by proper dumping of the

garbage. Along with this design factor is also been fairly taken

care of a well designed furniture and infrastructure is been set

up in the entire park and all these things are done keeping in mind

the social factor where nothing is against any social class.

HR FEASIBILITY

ORANISATION CHART
JOB ANALYSIS

JOB DESCRIPTION

Job description is an organized, factual statement of


duties and responsibilities of a specific job. In brief, it should tell
what is to be done, how it is going to be done. It is a standard of
function, in that; it defines the appropriate and authorized
content of a job.

JOB SPECIFICATION

Job specification is a statement of the minimum


acceptable human qualities necessary to perform a job properly.
It is standard of personal and designates the qualities required
for acceptable performance.

The details of the job description and job specification for the
administrative persons are given below.

Superintendent

Job Description:

Job Title: Superintendent

Reports to: working partner

Duties and responsibilities: To see the functioning of


rides and supervise ride
operators. To supervise day
to day activity of park

Job Specification:

Job Title: Superintendent

Education: Graduate in any field

Experience: 1 to 2 years
Mental Ability: Good leader and motivator,
supportive for workers.
Handle subordinates
problems effectively.

Accountant

Job Description:

Job Title: Accountant

Reports to: working partner

Duties and responsibilities: Maintain books of accounts,


clear legal formalities
of Taxation responsible for
all accounting work.

Job Specification

Job Title: Accountant

Education: Graduate in commerce

Experience: 1 year minimum

Mental Ability: Handle financial data


efficiently

Ticket clerk
Job Description:

Job Title: Ticket clerk

Reports to: Accountant

Duties and responsibilities: To keep the records.

Job Specification:

Job Title: Ticket clerk

Education: Graduate in commerce

Experience: 6 to 12 months

Mental Ability: Good speed on computer.

Ride operator

Job Description:

Job Title: Ride operator

Reports to: Superintendent

Duties and responsibilities: To operate various types of


outdoor rides and operate
indoor games
Job Specification:

Job Title: Ride operator

Education: Any qualification

Experience Not required

Mental Ability: Ability to understand


games rules and provides
assistance to players.

Salary chart
SALARY SALAR
NO. PER Y PER
MONT SALAR
OF MONTH
H Y PER
PERSO PER
YEAR
DESIGNATIO NS EMPLOY
N EE

SUPERINTEND
3 5000 15000 180000
ENT
RIDE
20 3500 70000 840000
OPERATOR

TICKET CLERK 3 3500 10500 126000

SWEEPER 5 2500 12500 150000

SECURITY 15 3000 45000 540000

ACCOUNTANT 3 6000 18000 216000

GARDENER 5 3000 15000 180000

18600 22320
TOTAL 52 25000
0 00

MARKETING FEASIBILITY

Marketing

One of the shortest and sweetest definitions of the marketing is

need profitability

How is it possible to make aware the people about our service?


The simplest way of making aware to people about the service is

marketing. In this competitive world, marketing is really

important for any company or firm to provide their service in the

market. Today there are different media vehicle is available to

make mark on the consumer mind about the service.

Now, it is believed that the best way to get & keep customers is

to constantly figure out how to give them the best for less.

In this far reaching equally competitive era of modernization,

each and every field requires strong and good marketing skills.

The motive of marketing is to meet and satisfy target consumers

name and provide services to them well.

Marketing is:

M- Money must be secondary.

A- All the customer should be satisfied.

R- Reasonable rate for providing service.


K- Keep eyes on the competitor.

E- Easy availability of service.

T- Thoughtfully advertise service.

I Importance of quality

N- Need of tremendous changes all the time.

G- Generation of new idea.

MARKETING OBJECTIVES
The main objectives are in the following.

(1) Profit maximization.

(2) Increase market share.

(3) Create brand awareness

(4) To capture the market

(5) Goodwill
(6) To satisfy customers

Market research is the systematic design, collection analysis and

reporting of data and findings relevant to a specific market

situation facing the company.

Effective marketing research system involves the 5 steps

shown in following figure:


(A) Define the problem and research objectives
Our main objective in our research is finding the scope and

feasibility of AMUSEMENT PARK.

(B) Develop the research plan:

The next step of a marketing research is to develop a step-by-

step plan regarding decision factors like sources of data, data

collection method and contact methods.

Sources of Data

The data sources can be primary or secondary, we have used

both.

(1) Primary Data

Primary data are the raw data and structure of variables

that have been specifically collected four assembled for a

correct information research problem. Our research for

primary source consists of:

Consumers

Household: we have surveyed 600 people.

(2) Secondary Data

The information i.e. collected from news papers, magazine,

reports and internet is known as secondary data.


Data Collection Method

Research Approaches

a) Observational research

b) Focus groups research

c) Survey research

d) Behavioural data

e) Experimental research

We used the Survey Approach through questionnaire.

Research Instrument

a) Questionnaire

b) Psychological Tools

c) Mechanical Devices

d) Quantitative Measures

The major research instrument that we use is questionnaire of

Household and Industries.

Sampling Plan
The marketing researcher must designed sampling plan

which consist of three components such as:

1) Sample unit: People of Ahmedabad City.

2) Sample size: 600 people

3) Sampling Procedure: Random sampling (Zone-wise

Division, North East West South)

Contact Method

There are various way to contact the people: mail,

telephone, personal approach. There were direct

(personal) contacts with the people for filling

questionnaire.

(c) Collect the Information

The data collection phase of marketing research is generally the

most expensive and the most prone to error, in case of Survey,

we have faced some problems such as:

1). While collecting the information, we had some

difficulties in extracting information from some people

2). The response of some people was biased and unreliable.


Though collecting the information is mostly prone to error, we

have tried our best to cover all possible aspects so that our

research will be able to give us correct idea of current scenario.

(C) Analysis of the information

The data collected in the previous stages have to be arranged

properly and orderly. They have to be carefully processed and

edited so as to make a comparative study.

For analysis we have distributed the various questions in

tabulated form and we have presented it in different charts.

How do you spend your leisure time?

Visiting
Watching Amusement Any Other
Occupation Movies Freaking Out Park Activities
student 264 147 101 51
personal
business 29 13 15 17
service 27 25 71 20
house wife 13 17 16 29
govt officers 11 31 39 7
TOTAL 344 233 242 124

With the help of given chart we can interpret that in case of

students, they spend most of their leisure time watching movies or

with outing. From data we can decide that majority of students

should be targeted to increase their interest in visiting amusement

park.

Service people and govt. Officials choose amusement park compared

to other occupational and efforts should be made to maintain their

interest.
Business personal are less likely to spend their time in amusement

parks.

Over all study of chart suggest that according to occupational data

there is very good scope for amusement park as 25 percent of

people spend their time in amusement park.

FREQUENCY OF VISITING AMUSEMENT PARK

250

200

150 DAILY
NUMBER OF
WEEKLY
The frequency of visiting amusement park according to its
PEOPLE
100 FORTNIGHTLY

location MONTHLY
50 NOT FREQUENTLY

0 LOCATION
1 2 3 4 OUT OF
FREQUENCY LOCATION LOCAL STATION
DAILY 0 0
WEEKLY 0 0
FORTNIGHTLY 24 0
MONTHLY 118 63
NOT FREQUENTLY 237 104
With the help of given chart we can see that there is high number of

locals visiting amusement park than people from out of station,

people mostly visit amusement park on monthly basis or not much

frequently. Efforts can be made to convert non-frequent visitors in

to frequent visitors.

Over all scenario is favourable to amusement park business because

of high local visitors and also monthly visitors are in good numbers

from both locations.


The Occupation Of The Visitors And Their Frequency Of Visiting
Amusement Park.

FREQUENCY
OCCUPATION NOT
DAILY WEEKLY FORTNIGHTLY MONTHLY FREQUENTLY

STUDENT 0 30 44 94 160
PERSONAL
BUSINESS 0 0 0 23 24
SERVICE 0 0 11 61 34
HOUSE WIFE 0 0 9 13 21
GOVT. OFFICERS 0 0 0 15 7
TOTAL 0 30 64 206 246

From given chart we can see that the students are frequent visitors
and other occupational are also likely to visit amusement park
frequently and this fact gives a strong support to amusement park
project. We can see that there will be regular visitors to amusement
park.
The Services Preferred By Different Age-Group People In An
Amusement Park.

SERVICES AGE GROUP


BELOW 20 20-25 25-35 35-50 ABOVE 50

RIDES 108 127 101 41 0


HEALTH
FACILITY 0 12 7 41 29
DANCE
FLOOR 31 67 28 24 0
RESTAURANT 68 59 77 43 17
HORSE
RIDING 25 28 17 9 0
TOTAL 232 293 230 158 46

From the above graph we can conclude that most of the people in an

amusement park prefer rides and restaurent.

People from Age group between 20-35 years are visiting amusement

park in a high number.

Our amusement park provides both rides and restaurent facilities,

so there is a good chance of making profit in future.


Level of satisfaction

The Level Of Satisfaction By


Visiting Amusement Park.

HIGHLY SATISFIED 42

SATISFIED 331

NEUTRAL 136

LOW SATISFACTION 30

DISSATISFACTION 7
The given chart shows that majority of visitors are satisfied with

amesement park which sugest that it is profitable to open new

amusement park.
REASON FOR NOT VISITING

LACK OF TIME 23

FAR AWAY DISTANCE 18

NOT AWARE OF 0

SEEMS TO BE BORING 13

25
LACK OF TIME
20

FAR AWAY
15
DISTANCE
10 NOT AWARE
OF
5 SEEMS TO BE
BORING
0

We conclude from the above chart that all

people are aware of amusement park but they

are not visiting due to the lack of time.

COST OF THE PROJECT


SCHEDUL AMOUNT
SR NO. PARTICULARS E (RS.)
1 LAND 1 45000000
2 OTHER EQUIPMENTS 2 127900
3 FURNITURE 3 617100
4 BUILDING & CONSTRUCTION 4 4078000
5 COMPUTER 5 133000
6 RIDES 6 10180000
7 GENERATOR - 900000
8 PRELIMINARY EXPENSES 7 3609545
9 CONTINGENCY 8 639455
TOTAL COST OF THE PROJECT 65285000

MEANS OF FINANCE

PARTICULARS AMOUNT (RS.)


OWNERS FUND
PARTNERS CAPITAL 18285000

BORROWED FUND
TERM LOAN 47000000

TOTAL 65285000

SCHEDULES
SCHEDULE 1: - LAND

PARTICULARS AMOUNT
COST OF FURNITURE UNIT PRICE AMT
TABLE 4 750 3000
BASIC
REVOLVING COST
CHAIR 5 42230000
2000 10000
VISITOR
STAMPCHAIR
DUTY 6.5% 10 2002745000
2000
BANQUET HALL(CHAIR)
TRANSFER FEE 200 250 2500050000
SOFA SET 2 10000 20000
TOTAL 45000000
BENCHES 6 350 2100
FILING CABINET 2 15000 30000
FIXTURES 500000
TOTAL 617100

SCHEDULE 2: - OTHER EQUIPMENTS

PARTICULARS UNITS PRICE AMT


SPLIT A/C 4 17000 68000
FANS 3 1150 3450
WATER COOLER 3 18000 54000
TELEPHONE 3 817 2450
TOTAL 127900
SCHEDULE 3: - FURNITURE

SCHEDULE 4: - CONSTRUCTION COST


SQUARE RATE PER
PARTICULARS FEET SQ.FEET COST
TICKET WINDOW 136 745 101000
OFFICE 590 745 439835
SANITATION
FACILITY 21 745 15645
TICKET
WINDOW(RIDES) 730 745 543850
GAZIBO 372 745 277140
BANQUET 2422 1115 2700530
407800
TOTAL 0

SCHEDULE 5: - COMPUTER

PARTICULARS UNITS PRICE AMT

COMPUTER 4 25000 100000


LAPTOP 1 33000 33000
TOTAL 133000

SCHEDULE 6: - RIDES

RIDES AMOUNT
ROCK N ROLL 300000
DRAGON TRAIN 200000
BIKE 60000
GLOBE MERRY GO ROUND 75000
SPEED CHAM CAR 200000
AIR HOCKEY 70000
BASKET BALL 75000
WESTERN EXPRESS TRAIN 800000
JOCKER JUMPING (BOUNCIE) 75000
STRIKING CARS 2500000
FLUME COASTER 3500000
TORA TORA 2000000
ROCK CLIMBING 125000
WALKING ANIMAL 50000
PLAY PORT 100000
INSTALLATION COST 50000
TOTAL 10180000

SCHEDULE 7: - PRELIMINARY EXPENSES


PARTICULARS SCHEDULE AMOUNT
LICENCE FEE 31545
UTILITY DEPOSIT 7.1 48000
ADVERTISEMENT 7.2 2820000
SURVEY EXPENSES 5000
LOAN CHARGES 705000
TOTAL 3609545

SCHEDULE 7.1: - UTILITY DEPOSIT


PARTICULARS AMOUNT
METER DEPOSIT 25000
TELEPHONE DEPOSIT 5000
WATER CONNECTION 18000
TOTAL 48000

SCHEDULE 7.2: - ADVERTISEMENT


FREQUENC
PARTICULARS PER AD. Y AMOUNT
ADV. IN DIVYA BHASKAR 200000 4 800000
ADV. IN TIMES OF INDIA 250000 4 1000000
ADV ON RADIO
PER SEC RS. 100 2000 90 180000
OUR AD 20 SECS

BROUCHURE 8 5000 40000

HOARDINGS 200000 4 800000


TOTAL 2820000

SCHEDULE 8: - CONTINGENCY

PARTICULARS AMOUNT
CONTINGENCY
0.99% OF TOTAL COST 639455
TOTAL 639455
PROFIT AND LOSS ACCOUNT
SCHED
PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15
ULE

TOTAL INCOME

RIDES 1 35,12,249 37,93,112 41,76,498 45,77,966 49,91,844

ENTRY FEES 2 45,98,000 47,55,426 49,65,227 51,88,206 54,19,056

PARKING INCOME 3 5,22,000 5,55,930 5,92,065 6,36,470 6,84,206

RESTAURENT INCOME 4 9,60,000 9,60,000 9,60,000 9,60,000 9,60,000

ADVERTISEMENT INCOME 5 42,00,000 42,00,000 42,00,000 42,00,000 42,00,000

TOTAL INCOME 1,37,92,249 1,42,64,468 1,48,93,790 1,55,62,643 1,62,55,106

COST (EXPENSES) :

ELECTRICITY 6 16,12,800 17,49,888 18,98,628 20,60,012 22,35,113

WAGES AND SALARIES 7 22,32,000 23,99,400 25,79,355 27,72,807 29,80,767


CONSUMABLE STORE &
50,000 52,500 55,000 57,500 60,000
SPARES
REPAIRS & MAINTANENCE 8 1,00,000 1,05,000 1,10,250 1,15,763 1,21,551
DEPRECIATION ON
9 22,21,450 19,02,637 16,31,403 14,00,276 12,03,046
ASSESTS
RENT , RATE , TAXES &
10 1,75,000 1,78,500 1,82,070 1,85,711 1,89,426
INSURANCE
ADVERTISEMENT 11 3,29,000 3,29,000 3,29,000 3,29,000 3,29,000

AUDIT FEES 16,000 16,000 16,000 16,000 16,000

UTILITY CHARGES 12 1,20,000 1,26,600 1,33,860 1,41,846 1,50,630

PRELIMINARY EXP 7,21,909 7,21,909 7,21,909 7,21,909 7,21,909

TOTAL COST (EXPENSES) 75,78,159 75,81,434 76,57,475 78,00,823 80,07,441


PROFIT BEFORE INTEREST
AND TAX
62,14,090 66,83,034 72,36,314 77,61,819 82,47,665

INTEREST. 51,70,000 48,60,827 45,17,644 41,36,712 37,13,877


INTEREST
PARTNERS' CAPITAL
10,97,100 10,97,100 10,97,100 10,97,100 10,97,100

TOTAL INTEREST 62,67,100 59,57,927 56,14,744 52,33,812 48,10,977

PROFIT BEFORE TAX (53,010) 7,25,107 16,21,570 25,28,007 34,36,688

TAX - 2,07,678 5,01,065 7,81,154 10,61,936


PROFIT AFTER TAX (53,010) 5,17,429 11,20,505 17,46,853 23,74,751

SCHEDULE 1: - RIDES

YEAR 2010-11 2011-12 2012-13 2013-14 2014-15


NO. NO. NO. NO. NO.
PR OF OF OF OF OF
PARTICULA IC USER AMOU USE USE USER USER
RS E S NT RS AMT RS AMT S AMT S AMT
PE
R
RI
DE
MOST
PREFERED
2360 2846 71158 2572 2973 3522
TRAIN 25 2 590058 4 8 7 643181 8 743462 2 880561
STRIKING 1011 1219 30496 1102 1274 1509
CAR 25 5 252882 9 6 6 275649 5 318627 5 377383
FLUME
COASTER(WA 1404 1694 50827 1531 1770 2096
TER RIDE) 30 9 421470 3 7 4 459415 1 531045 6 628972
1685 2033 40662 1837 2124 2515
TORA TORA 20 9 337176 1 2 7 367532 2 424836 9 503178
DRAGON 2528 3049 60993 2756 3186 3773
MISSILE 20 8 505764 7 2 5 551298 3 637254 8 754766
210735 25413 22970 26552 31448
0 85 74 23 60
MODERATEL
Y
PREFERED
1756 1744 34896 1921 2014 2595
ROCK N ROLL 20 1 351225 8 6 2 384238 3 402861 8 519151
GLOBE
MERRY GO 1024 1017 20356 1120 1175 1514
ROUND 20 4 204881 8 4 7 224139 0 235002 2 302838
AIR
HOCKEY(2 1073 1066 31988 1174 1231 1586
PLAYERS) 30 2 321956 3 6 1 352218 0 369289 3 475889
87241 96059 10071 12978
878062 6 5 53 78
LESS
PREFERED
3161 2275 22758 5513 5493 3294
BIKE 10 0 316102 9 7 0 551298 6 549356 6 329461
BASKET
BALL(2 15172 1225 1220
PLAYERS) 30 7024 210735 5057 4 1 367532 8 366238 7321 219641
37931 91883 91559 54910
526837 1 0 4 2
351224 37931 41764 45779 49918
TOTAL 9 12 99 70 40
SCHEDULE 2: - ENTRY FEES

PARTICULARS 2010-11 2011-12 2012-13 2013-14 2014-15


167200
CHILDREN 0 17,29,200 1805440 1886720 1970640
250800
ADULTS 0 25,93,800 2708160 2830080 2955960
SENIOR CITIZEN/
PHYSICAL
HANDICAP 418000 4,32,300 451360 471680 492660

45980 47,55,42 49,6 51,88,2 54,19,05


TOTAL 00 6 5,227 06 6

ENTRY FEES PER PERSON

PARTICULARS IN Rs.
CHILDREN 40
ADULTS 60
SENIOR CITIZEN 20

TOTAL NO. OF EXPECTED VISITORS EVERY YEAR

PARTICULA
R 2010-11 2011-12 2012-13 2013-14 2014-15

CHILDREN 41800 43230 45136 47167 49266


ADULTS 41800 43230 45136 47167 49266
SENIOR
CITIZEN 20900 21615 22568 23584 24633
10450 10807 11284 11791 12316
TOTAL 0 5 0 8 5
SCHEDULE 3: - PARKING FEES

PARTICULA 2010- 2011- 2012- 2013- 2014-


RS 11 12 13 14 15

TWO 15660 16677 17762 19094 20526


WHEELERS 0 9 0 1 2
FOUR 36540 38915 41444 44552 47894
WHEELERS 0 1 5 9 4
52200 55593 59206 63647 68420
TOTAL 0 0 5 0 6

EXPECTED No. OF VEHICLES IN EACH YEAR

PARTICULA 2010- 2011- 2012- 2013- 2014-


RS 11 12 13 14 15
TWO
WHEELERS 15660 16678 17762 19094 20526
FOUR
WHEELERS 18270 19458 20722 22276 23947
TOTAL 33930 36136 38484 41370 44473

CHARGES PER VEHICLE

PARTICULARS IN Rs.
TWO WHEELERS 10
FOUR WHEELERS 20
SCHEDULE 4: - RESTAURANTS

CHARGES: - Rs. 80,000 PER MONTH

PARTICUL
ARS 2010-11 2011-12 2012-13 2013-14 2014-15
RENT 96000 96000 96000 96000
INCOME 0 0 0 0 960000

SCHEDULE 5: - ADVERTISEMENT INCOME


NO. OF HOARDINGS: - 6
YEAR: - 2010-11
PARTICUL
ARS 1 2 3 4 5 6 TOTAL
AMOU
NT
ON ON ON ON ON
STATUS SELF RENT RENT RENT RENT RENT
OCCUPIE
D
MONTHLY
RENT
IN Rs. NIL 100000 100000 100000 100000 100000
MONTHS
OCCUPIED 12 12 12 12 3 3
MONTHS
VACANT 0 0 0 0 9 9
AMOUNT
120000 120000 120000 42000
RECEIVED 0 0 0 0 300000 300000 00

YEAR: - 2011-12
PARTICUL
ARS 1 2 3 4 5 6 TOTAL
AMOU
NT
ON ON ON ON ON
STATUS SELF RENT RENT RENT RENT RENT
OCCUPIE
D

MONTHLY
RENT
IN Rs. NIL 100000 100000 100000 100000 100000

MONTHS
OCCUPIED 12 12 12 12 3 3

MONTHS
VACANT 0 0 0 0 9 9

AMOUNT
120000 120000 120000 42000
RECEIVED 0 0 0 0 300000 300000 00
YEAR: - 2012-13

PARTICUL
ARS 1 2 3 4 5 6 TOTAL
AMOU
NT
ON ON ON ON ON
STATUS SELF RENT RENT RENT RENT RENT
OCCUPIE
D

MONTHLY
RENT
IN Rs. NIL 100000 100000 100000 100000 100000

MONTHS
OCCUPIED 12 12 12 12 3 3

MONTHS
VACANT 0 0 0 0 9 9

AMOUNT
120000 120000 120000 42000
RECEIVED 0 0 0 0 300000 300000 00

YEAR: - 2013-14
PARTICUL
ARS 1 2 3 4 5 6 TOTAL
AMOU
NT
ON ON ON ON ON
STATUS SELF RENT RENT RENT RENT RENT
OCCUPIE
D

MONTHLY
RENT
IN Rs. NIL 100000 100000 100000 100000 100000

MONTHS
OCCUPIED 12 12 12 12 3 3

MONTHS
VACANT 0 0 0 0 9 9

AMOUNT
120000 120000 120000 42000
RECEIVED 0 0 0 0 300000 300000 00

YEAR: - 2014-15

PARTICUL
ARS 1 2 3 4 5 6 TOTAL
AMOU
NT
ON ON ON ON ON
STATUS SELF RENT RENT RENT RENT RENT
OCCUPIE
D

MONTHLY
RENT
IN Rs. NIL 100000 100000 100000 100000 100000

MONTHS
OCCUPIED 12 12 12 12 3 3

MONTHS
VACANT 0 0 0 0 9 9

AMOUNT
120000 120000 120000 42000
RECEIVED 0 0 0 0 300000 300000 00
SCHEDULE 6: - ELECTRICITY

2010-11 2011-12 2012-13 2013-14 2014-15


UNI UNI
UNIT TS UNIT TS UNIT
S TO TO S TO TO S TO
BE BE BE BE BE
USE ANNU USE ANNUA USE ANNU USE ANNUA USE ANNU
D AL D L D AL D L D AL
PER PER PER PER PER
YEA YEA YEA YEA YEA
R AMT R AMT R AMT R AMT R AMT

IN Rs. IN Rs. IN Rs. IN Rs. IN Rs.

23040 16128 2499 17498 27123 18986 2942 20600 31930 22351
0 00 84 88 3 31 88 16 2 14

CHARGES PER UNIT: - Rs. 7

PER MONTHS UNITS IN EACH YEAR

2010-11 2011-12 2012-13 2013-14 2014-15


19200 20832 22603 24524 26609
SCHEDULE 7: - SALARIES

YEAR 2010-11 2011-12 2012-13 2013-14 2014-15

PARTICULA
RS PER PER PER PER PER PER PER PER PER PER

MO MON MON MON


NTH YEAR TH YEAR TH YEAR MONTH YEAR TH YEAR

IN IN IN IN
Rs. IN Rs. Rs. IN Rs. Rs. IN Rs. IN Rs. IN Rs. Rs. IN Rs.

1250 1343 1444 17334 1669 200320.


SWEEPERS 0 150000 7 161250 5 3 15528 186344 3 4

1500 1612 1733 20801 2003 240384.


GARDENERS 0 180000 5 193500 4 2 18634 223613 2 4

4500 4837 5200 62403 6009 721153.


SECUIRITY 0 540000 5 580500 3 7 55903 670840 6 3

TICKET 1050 1128 1213 14560 1402 168269.


CLERK 0 126000 7 135450 4 8 13044 156529 2 1

RIDE 7000 7525 8089 97072 104352 9348 112179


OPERATORS 0 840000 0 903000 3 5 86960 9 2 4

SUPERINTEN 1500 1612 1733 20801 2003 240384.


DANTS 0 180000 5 193500 4 2 18634 223613 2 4

ACCOUNTAN 1800 1935 2080 24961 2403 288461.


TS 0 216000 0 232200 1 5 22361 268336 8 3

22320 23994 25793 27728 298076


TOTAL 00 00 55 07 7
SCHEDULE 8: - REPAIRS AND MAINTENANCE

PARTICULA
RS 2010-11 2011-12 2012-13 2013-14 2014-15
WATER 27562. 28940.6
COOLER 25000 26250 5 25 30387.65
5788.12
PRINTER 5000 5250 5512.5 5 6077.53
AIR 24310.12
CONDITIONS 20000 21000 22050 23152.5 5
57881.2
RIDES 50000 52500 55125 5 60775.3

10000 10500 11025 115762 121550.


TOTAL 0 0 0 .5 625

SCHEDULE 9: - DEPRECIAITION
YEAR 2010-11

NAME OF THE RATE OF OPENING DEPRECIA


ASSET DEPRECIATION BALANCE TION W.D.V
IN
RUPEE
IN PERCENTAGE IN RUPEES IN RUPESS S
450000
LAND 0 45000000 0 00
367020
BUILDING 10 4078000 407800 0
865300
RIDES 15 10180000 1527000 0
GENERATOR 15 900000 135000 765000
COMPUTER 30 133000 39900 93100
FURNITURE 15 617100 92565 524535
OTHER
EQUIPMENTS 15 127900 19185 108715
588145
TOTAL 2221450 50
YEAR 2011-12

NAME OF THE RATE OF OPENING DEPRECIA


ASSET DEPRECIATION BALANCE TION W.D.V
IN
RUPEE
IN PERCENTAGE IN RUPEES IN RUPESS S
450000
LAND 0 45000000 0 00
330318
BUILDING 10 3670200 367020 0
735505
RIDES 15 8653000 1297950 0
GENERATOR 15 765000 114750 650250
COMPUTER 30 93100 27930 65170
445854.
FURNITURE 15 524535 78680.25 75
OTHER 92407.7
EQUIPMENTS 15 108715 16307.25 5
569119
TOTAL 1902637.5 12

YEAR 2012-13

NAME OF THE RATE OF OPENING DEPRECIA


ASSET DEPRECIATION BALANCE TION W.D.V
IN
IN PERCENTAGE IN RUPEES IN RUPESS RUPEES

LAND 0 45000000 0 45000000

BUILDING 10 3303180 330318 2972862


6251792.
RIDES 15 7355050 1103257.5 5

GENERATOR 15 650250 97537.5 552712.5

COMPUTER 30 65170 19551 45619


378976.5
FURNITURE 15 445854.75 66878.2125 375
OTHER 15 92407.75 13861.1625 78546.58
EQUIPMENTS 75
1631403.3 5528050
TOTAL 75 9.13

YEAR 2013-14

NAME OF THE RATE OF OPENING DEPRECIATI


ASSET DEPRECIATION BALANCE ON W.D.V
IN
IN PERCENTAGE IN RUPEES IN RUPESS RUPEES

LAND 0 45000000 0 45000000

BUILDING 10 2972862 297286.2 2675575.8


5314024.0
RIDES 15 6251793 937768.95 5
469805.62
GENERATOR 15 552712.5 82906.875 5

COMPUTER 30 45619 13685.7 31933.3


322130.05
FURNITURE 15 378976.538 56846.4807 73
OTHER 66764.599
EQUIPMENTS 15 78546.5875 11781.98813 38
1400276.19 53880233
TOTAL 4 .43

YEAR 2014-15
NAME OF THE RATE OF OPENING DEPRECIATI
ASSET DEPRECIATION BALANCE ON W.D.V
IN
IN PERCENTAGE IN RUPEES IN RUPESS RUPEES

LAND 0 45000000 0 45000000

BUILDING 10 2675576 267557.6 2408018.4

RIDES 15 5314024 797103.6 4516920.4

GENERATOR 15 469805.6 70470.84 399334.76

COMPUTER 30 31933.3 9579.99 22353.31


273810.54
FURNITURE 15 322130.057 48319.50855 85
OTHER 56749.909
EQUIPMENTS 15 66764.5994 10014.68991 49
1203046.22 52677187
TOTAL 8 .33

SCHEDULE 10: - INSURANCE PREMIUM

2010-11 2011-12 2012-13 2013-14 2014-15


PARTICULARS IN Rs. IN Rs. IN Rs. IN Rs. IN Rs.
5412.160
BUILDING 5000 5100 5202 5306.04 8
74284.5 75770.25
RIDES 70000 71400 72828 6 12
THIRD PARTY 106120. 108243.2
ACCIDENT 100000 102000 104040 8 16
185711 189425.6
TOTAL 175000 178500 182070 .4 28

SCHEDULE 11: - ADVERTISEMENT EXPENSES

CHARGES
BROUCHERS: - Rs.8 PER BROUCHER
HOARDINGS: - Rs. 200000 PER MONTH
NEWSPAPER: - Rs. 125000

PARTICUL
ARS 2010-11 2011-12 2012-13 2013-14 2014-15
NEWSPAPE
R 125000 125000 125000 125000 125000
HOARDING
S 200000 200000 200000 200000 200000
BROUCHER
S 4000 4000 4000 4000 4000
32900 32900 32900 32900 32900
TOTAL 0 0 0 0 0
SCHEDULE 12: - UTILITY CHARGES

PER MONTH
TELEPHONE
CHARGES Rs. 5,500
WATER
CHARGES Rs. 4,500

2010- 2011- 2012- 2013- 2014-


PARTICULARS 11 12 13 14 15
TELEPHONE
CHARGES 66000 72600 79860 87846 96630
WATER
CHARGES 54000 54000 54000 54000 54000
1200 1266 1338 1418 1506
TOTAL 00 00 60 46 30
BALANCE SHEET
SCHE
PARTICULARS DULE 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015

SOURCES OF FUND
1,82,85, 1,82,85, 1,82,85, 1,82,85,
Partners Capital 1 1,82,85,000 000 000 000 000
4,64, 15,84, 33,31, 57,06
Reserve & Surplus (53,010) 418 923 776 ,527

Secured Loans
4,10,69, 3,76,06, 3,37,62, 2,94,95,
Term Loan @ 11% 2 4,41,89,333 493 470 514 724
4,10,69, 3,76,06, 3,37,62, 2,94,95,
Total Secured Loans 4,41,89,333 493 470 514 724
5,98,18, 5,74,76, 5,53,79, 5,34,87,
Total sources of fund 6,24,21,323 911 393 290 251

APPLICATION OF FUND

Fixed Assets
4,50,00, 4,50,00, 4,50,00, 4,50,00,
Land 4,50,00,000 000 000 000 000
5,24, 4,45, 3,78, 3,22
Furniture 6,17,100 535 855 977 ,130
1,08, 92, 78, 66
Other equipment 1,27,900 715 407 547 ,765
36,70, 33,03, 29,72, 26,75
Building & Construction 40,78,000 200 180 862 ,575
93, 65, 45, 31
Computer 1,33,000 100 170 619 ,933
86,53, 73,55, 62,51, 53,14
Rides 1,01,80,000 000 050 792 ,024
7,65, 6,50, 5,52, 4,69
Generator 9,00,000 000 250 712 ,805
5,88,14, 5,69,11, 5,52,80, 5,38,80,
Gross Block 6,10,36,000 550 912 508 232

19,02, 16,31, 14,00, 12,03


Less : Depreciation 22,21,450 638 403 276 ,046
5,69,11, 5,52,80, 5,38,80, 5,26,77,
Net Block 5,88,14,550 912 509 232 186

Current Assets
7,41, 7,52, 7,77, 8,10
Cash & Bank Bal. 7,19,137 272 066 149 ,065

7,41, 7,52, 7,77, 8,10


Total Current Assets 7,19,137 272 066 149 ,065

Preliminary expenses not 21,65, 14,43, 7,21,


written off 28,87,636 727 818 909 -

5,98,18, 5,74,76, 5,53,79, 5,34,87,


Total Application of funds 6,24,21,323 911 393 290 251
SCHEDULE 1: - PARTNERS CAPITAL

NAME OF THE PARTNER CONTRIBUTION


JIGAR BHAVSAR 1662000
SACHIN DARJI 1662000
KRUPALI MANANI 1662000
HARSHIL MEHTA 1662000
KHUSHBU MEHTA 1662000
KRISHNA MEHTA 1662000
DHAVAL MESURANI 1662000
RISHIT PATEL 1662000
DHRUMI SHAH 1662000
HELI SHAH 1663500
RACHANA KHANDHAR 1663500

SCHEDULE 2: - TERM LOAN


PARTICULARS AMOUNT
LOAN AMOUNT 47000000
ROI (P.A.) 11.00%
TERM IN YEARS 10
INSTALMENT AMT. 7980667

AMORTISATION STATEMENT
INTERES PRINCIPA INSTALLEME
YEARS OPENING T L NT CLOSING

1 47000000 5170000 2810667 7980667 44189333


2 44189333 4860827 3119840 7980667 41069493
3 41069493 4517644 3463023 7980667 37606470
4 37606470 4136712 3843955 7980667 33762514
5 33762514 3713877 4266790 7980667 29495724
6 29495724 3244530 4736137 7980667 24759587
7 24759587 2723555 5257112 7980667 19502474
8 19502474 2145272 5835395 7980667 13667079
9 13667079 1503379 6477288 7980667 7189791
10 7189791 790876 7189791 7980667 0

CASH FLOW STATEMENT

PARTICULARS 1 2 3 4 5
CASH FLOW FROM OPERATING
ACTIVITIES

NET PROFIT AFTER TAXATION (PAT) -53010 517429 1120505 1746853 2374751
INTEREST 6267100 5957927 5614744 5233812 4810977

TAX PROVISION 0 207678 501065 781154 1061934

DEPRECIATION 2221450 1902637 1631403 1400276 1203046

PRELIMINARY EXPENSES 721909 721909 721909 721909 721909

CHANGES IN WORKING CAPITAL 0 0 0 0 0

TAX PAID 0 -207678 -501065 -781154 -1061936


NET CASH FLOW FROM OPERATING
ACTIVITIES 9157449 9099902 9088561 9102850 9110681
CASH FLOW FROM INVESTMENT
ACTIVITIES

PURCHASE OF ASSETS -61036000 0 0 0 0

PRILIMINARY EXPENSES -3609545 0 0 0 0


NET CASH FLOW FROM INVESTMENT -
ACTIVITIES 64645545 0 0 0 0
CASH FLOW FROM FINANCIAL
ACTIVITIES

CAPITAL 18285000 o o o o

TERM LOAN TAKEN 47000000 o o o o

REPAYMENT OF TERM LOAN -2810667 -3119840 -3463023 -3843955 -4266790

INTEREST ON LOAN -5170000 -4860827 -4517644 -4136712 -3713875

INTEREST ON CAP -1097100 -1097100 -1097100 -1097100 -1097100


NET CASH FLOW FROM FINANCIAL -
ACTIVITIES 56207233 -9077767 -9077767 9077767 -9077765

TOTAL 719137 22135 10794 25083 32916

OPENING BALANCE 0 719137 741272 752066 777149

CLOSING BALANCE 719137 741272 752066 777149 810065

RATIO ANALYSIS

2011- 2012- 2013- 2014-


PARTICULARS 2010-11 12 13 14 15

PROFITABILITY RATIO

NET PROFIT RATIO(%)

(NET PROFIT/SALES)100 -0.38 3.63 7.52 11.22 14.6


OPERATING RATIO(%)

(PBIT/SALES)*100 45.05 46.85 48.59 49.87 50.74

CASH PROFIT RATIO(%)

[(PAT+DEPRICIATION)/SALES]*100 15.72 16.97 18.48 20.22 22.01

RETURN ON INVESTMENT(%)

(PBIT*100)/(TOTAL ASSETS-MISC.EXPENSES) 10.44 11.59 12.91 14.2 15.41

EFFICIENCY RATIO

FIXED ASSETS TURNOVER RATIO

SALES/FIXED ASSETS 0.23 0.25 0.27 0.28 0.31

TOTAL ASSET TURNOVER RATIO

(SALES)/(TOTAL ASSETS-MISC.EXP.) 23.17 24.74 26.58 28.47 30.39

SOLVANCY RATIO

PROPRIETOR'S RATIO(%)

PROPRIETOR'S FUND/TOTAL ASSET-MISC.EXP 30.62 32.52 35.46 39.55 44.86

COVERAGE RATIO

INTEREST COVERAGE RATIO

PBIT/INTEREST ON DEBT 1.2 1.38 1.6 1.87 2.22

DEBT SERVICE COVERAGE RATIO


(PAT+DEPRECIATION+INTEREST+PRELIMINARY
EXP)/(INSTALLMENT+INTEREST) 1.15 1.1402 1.1388 1.1406 1.1416

TREND OF RATIOS
Interpretation:

The firm has made loss in the first year itself and then
continuously made profit for four year. It shows the firms
capability to increases revenue from its business.
Interpretation:

Operating profit of the firm is continously increasing over the


five years, but it dose not increase with more margins because of
increses in revenues expenses in that years. But it does not
decrease that also shows continously increament in revenue.
Interpretation:

Cash profit of the firm is continously increasing in five years and


it will help the firm to repay its loans and liabilites.

Cash profit increment also indicate that the firm has more source
to earn cash revenue.
Interpretation:

The return of investment indicates that the earning capacity of


the firm through the amount invested as the revenue generation
increases year by year and the percentage of return on
investment increses from year to year as 1st year return on
invrstment is 10.44% and 2nd year it is 11.59%, that indicate
increment of 1.15% and like wise in second years it incerase
1.32%, in 3rd year in shows increment of 1.29% and in 4th year it
increases by 1.21%.
Interpretation:

As the revenue is increasing year by year and the depreciation is


written off the value of fixed assets reduces and thus there is an
increase in the fixed asset turnover ratio. That is shift is seen by
0.02% every year except in 4th year it increase 0.01%, while in 5th
year it increases by 0.03%.
Interpretation:

The total asset turnover ratio of the firm continously increses in


5 years. It shows that firm has optimum uses of its assets to
generate its revenue.
Interpretation:

Proprietor ratio indicate that the share of owners in the firm


aganist the other liabilites. The Proprietor ratio of the firm is
continously increasing in five years and in the 5th year its is
nearly 45% and its equal to half of the balance sheet total and its
gives encourage the firm to take more risk.
Interpretation:

The interest coverage ratio indicates capacity of firm to pay


interest on debt out of its profit. The above chart shows that
there is continuous increase in this ratio through out 5 years
because of increase in revenue. It is maximum 2.22% in the 5th
year.
Interpreation:

This ratio indicates the capacity of the firm to pay debts along
with interest. The above chart shows that there is decrease in
the ratio.
BREAK EVEN ANALYSIS
PARTICULAR
2010-11 2011-12 2012-13 2013-14 2014-15
S
TOTAL
1,37,92,249 1,42,64,468 1,48,93,790 1,55,62,643 1,62,55,106
INCOME
LESS: -
VARIABLE
COST

ELECTRICITY
16,12,800 17,49,888 18,98,628 20,60,012 22,35,113
REPAIRS &
MAINTANENCE 1,00,000 1,05,000 1,10,250 1,15,763 1,21,551

TOTAL
VARIABLE
17,12,800 18,54,888 20,08,878 21,75,774 23,56,664
COST

CONTRIBUTI
ON 1,20,79,449 1,24,09,580 1,28,84,912 1,33,86,869 1,38,98,442

FIXED COST

WAGES AND
SALARIES 22,32,000 23,99,400 25,79,355 27,72,807 29,80,767

CONSUMABLE
STORE &
50,000 52,500 55,000 57,500 60,000
SPARES

DEPRECIATIO
N ON
22,21,450 19,02,637 16,31,403 14,00,276 12,03,046
ASSESTS

RENT , RATE ,
TAXES &
1,75,000 1,78,500 1,82,070 1,85,711 1,89,426
INSURANCE

ADVERTISEME
NT 3,29,000 3,29,000 3,29,000 3,29,000 3,29,000

AUDIT FEES
16,000 16,000 16,000 16,000 16,000
UTILITY
CHARGES 1,20,000 1,26,600 1,33,860 1,41,846 1,50,630

PRELIMINARY
EXP 7,21,909 7,21,909 7,21,909 7,21,909 7,21,909

INTEREST
- T.L. 51,70,000 48,60,827 45,17,644 41,36,712 37,13,877

INTEREST
- PARTNERS'
10,97,100 10,97,100 10,97,100 10,97,100 10,97,100
CAPITAL

TOTAL FIXED
COST 1,21,32,459 1,16,84,473 1,12,63,341 1,08,58,861 1,04,61,755

PROFIT
(53,010) 7,25,107 16,21,571 25,28,008 34,36,688

P/V RATIO 87.5814307 86.99644459 86.51197257 86.01924878 85.50201065


BEP 1,38,52,775. 1,34,30,977. 1,30,19,401. 1,26,23,757. 1,22,35,682.
53 62 44 10 73

CAPITAL BUDGETING

DISC P V OF DISC P V OF
DEPRECIA PRE. OUN CASH OUNT CASH CUM
YEAR PAT TION EXP. CFAT TING FLOW ING FLOW CFAT

FAC FACT
TOR OR
12% 2%

2010- (53,010 0.89 283254 2


11 ) 22,21,450 7,21,909 28,90,349 2 25,78,192 0.98 2 8,90,349

2011- 5,17,42 0.79 301943 6


12 9 1902637 7,21,909 31,41,975 7 2504154 0.961 7 0,32,324

2012- 112050 0.71 327233 9


13 5 16,31,403 7,21,909 34,73,817 1 2469883 0.942 5 5,06,141

2013- 174685 0.63 357499 1,33


14 3 14,00,276 7,21,909 38,69,038 5 2456839 0.924 1 ,75,179

2014- 237475 0.56 389553 1,76


15 1 12,03,046 7,21,909 42,99,706 7 2437933 0.906 3 ,74,885

1,76,74, 1,24,47, 16594


TOTAL 57,06,528 885 002 840

NET PRESENT VALUE

TOTAL DISCOUNTED CASH INFLOW 12447002.01


LESS
TOTAL CASH OUTFLOW 18285000

NPV -5837997.99
PAY BACK PERIOD

In our project Pay Back Period is beyond 5 years. As at the end of

the 5 years net cumulative Cash flow is Rs. 17674885 and our initial

investment is of Rs. 18285000.

PROFITABILITY INDEX

TOTAL CASH INFLOW 12447002.01


DIVIDE
TOTAL CASH OUTFLOW 18285000

P.I 0.680722013

AVERAGE RATE OF RETURN

AVERAGE PROFIT 11,41,305.67


DIVIDE
AVERAGE INVESTMENT 9142500

ARR 12%

INTERNAL RATE OF RETURN


In case of IRR we require two NPV i.e. one negative and one positive

at two different discounting factor. Hence in our project we have

taken in to consideration two discounting factor i.e. 2 and 12%

discount level but as we can see that at 2% discount level also NPV

SWOT Analysis

SWOT stands for strengths, weakness, opportunity and


threats.

A SWOT analysis is used to determine whether the


amusement park stands both internally and externally and
in relation to its competitors strength and weaknesses
are the internal characteristics the amusement park can
improve upon, while opportunities market as a whole and
must be considered in decision making process.

Strengths

A major strength for excite amusement park is its


location at Sanand, there is residential as well as
commercial and no other such kind of park exists in
nearby area.

Excite amusement park offers various facilities like


a restaurant and banquette hall.

The rides with latest technology are another


advantage.

Weakness

One disadvantage of excite amusement park is that


it doesnt have water park or aqua rides.

Another disadvantage is huge capital invested in the


project at initial level.
The project needs lots of advertisement and
therefore there is a need of huge advertisement budget.

Opportunities

The project has opportunity to establish itself as a


picnic spot and a place to enjoy family holidays.

There are very few players in this area so excite


holds a potential market in amusement park business.

Threats

The existing players in similar business like


SHANKUS Water Park and SWAPNA SHRUSHTI water
parks may start a venture like excite because of
attractive market.

One important threat to excite is that it will attract


only local population and will fail to generate heavy
traffic because of lack of very big rides.

CONCLUSION

By conducting an extensive research on all the aspects of

establishing an Amusement Park we conclude that the


project is feasible but beyond the term period of 5

years.

In the end we can say that we have gained a deep insight

of the Amusement Park industry. And we would like to

thank each and every person who has helped us in making

this project successfully and for giving us the practical

insight.

We are also thank full to the all the faculties who guided

us at every junction in this journey.

Feasibility study revealed a deep hiatus between

theoretical and practical aspects of management but

there are visible interlink ages.

BIBLIOGRAPHY

Reference books: -

Philip Kotler
Organizational Behaviour- Stiffen Robbins and

Seema Sanghi

Service Marketing- Christopher and love lock

Search Engines: -

www.google.com

www.wikipedia.com

www.yahoo.com

Websites: -

www.quickmba.com

www.akenterpriseindia.com

www.arihant.com

ANNEXURE

QUESTIONNAIRE FOR THE FEASIBILITY OF


AMUSEMENT PARK

1. Area
2. Gender:

Male Female

3. Occupation:

Student

Personal business

Service

Housewife

Govt.officers

Others

4. Monthly Family Income:

rs.20000 rs.30000 Rs.30000 Rs.40000

Rs.40000 Rs.50000 Above Rs.50000

5. Age-Group:

Below 20 20-25 25-35

35-50 Above 50

6. Have you ever visited to any Amusement park ?

If yes, then go to Section-A

If no, then go to Section-B


SECTION A

7. Which type of Amusement park would you prefer?

Local Out of station

8. What is the frequency of visiting the Amusement park?

Daily Weekly
Fortnightly

Monthly Not frequently

9. With whom would you like to go to amusement park?

Alone Family Friends

10. What type of Service do you mostly use in the Park ?

Rides Health facility Dance floor

Restaurant Horse Riding

11. From which source do you know about the


amusement park?

T.V. Newspapers Hoardings


Radio From friends From
family

12. In which time slot, do you visit amusement park ?

Morning Noon Evening

13. Which type of extra facilities do you prefer that you


have seen in any other Amusement park ?

14. Reason for not visiting Amusement Park ?

Jogging Fun

Entertainment Leisure time

15.What is the level of satisfaction by visiting any


amusement park ?

Highly satisfied Satisfied Neutral

Low dissatisfaction Dissatisfaction

16.Kindly rate the following on importance scale.

Facilities Extrem Very Somewh Not Not at


e importa at very all
importa nt importa importa importa
nt nt nt nt
Ambience
Cleanline
ss
Well
trained
staff
location
Dance
Floor
Health
facility
Horse
riding

SECTION B

1. Reason for not visiting any amusement park ?

Lack of time

Far away distance

Not aware of

Seems to be boring
Any other than specify-----------------------

2. Any suggestion:

THANKING YOU

You might also like