Over the years, SFA has developed models for market research and feasibility analysis with feasibility studies that are now utilized by national funding sources and a variety of government agencies.
Assessing the feasibility of a Public Private Partnership requires an analysis of the market, competition, and program plan as well as the location and overall business plan. This work can occur after the public entity and private developer have begun discussions or prior to such discussions. Regardless of the timing, any feasibility studies produced by Sports Facilities Advisory would include detailed cash flow forecasts, construction and start up cost estimates, a review of the management and marketing plans, and other factors. This process often results in improvements to the P3 model and can positively impact the investment opportunity for both sides as SFA regularly identifies new ways to generate revenue and contain costs.
SFA’s feasibility studies model provides for metrics-based analysis which accounts for factors such as community need, site options, capital requirements, competition, and community development objectives. We utilize this myriad of factors as the basis for our detailed construction and start-up cost and cash flow forecasts; as well as assessing feasibility and defining parameters for the size of the building, management and marketing requirements.