Feasibility Studies
Many of our clients wonder if they will even need a feasibility study for their indoor or outdoor sports facility or community recreation center development. The reality of today’s funding climate is that an independent feasibility study is a requirement of the banks, bond financing sources, and/or investors. With SFA, the feasibility process is also enlightening! SFA feasibility studies utilize our proprietary market research process and our extensive management experience to project participation rates, pricing, revenue and expenses, and a variety of other indicators to success. Using market specific financial projections, space requirements, construction and start-up cost estimates, the proposed organizational chart, the financing model, and competition analysis, SFA will produce a comprehensive and conservative sports facility feasibility study or recreation center market study and feasibility study. This document will address the myriad of factors that drive success for these types of operations while acknowledging the leading causes of failure.
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