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Feasibility Studies

Whether you are considering a community recreation center, aquatics facility, or a privately owned sports facility, you will want to understand the construction costs and the projected revenue and expenses associated with your future facility. These projections must be thoroughly researched using calculations and analysis that is customized to your market. When completed by SFA, your feasibility study will provide detailed cash flow projections that will inform critical decisions regarding what to spend on the development, how much to build, where to build, what to offer, and what to expect in operating expenses, cost recovery, profits, energy consumption, and maintenance expenses.

Your study must also address such important issues as the organizational structure and payroll, finance terms, competition, future trends in consumer spending, sports participation, and pricing, as well as a wide range of other factors.

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FAQs

The SFA team is unlike any other team of consultants in the athletic industry. First, we’ve recruited highly educated professionals who have committed their lives to athletic, recreation, entertainment, and sports facilities development and athletic facility management. Backing your plan will be SFA’s fulltime team of MBA’s, professional athletes, sports architects, recreation facility owners, sport and entertainment real estate experts, and sports management professionals. Next, we train our team to listen deeply to our customers, and we have ongoing training sessions in strategy, finance, market demographic interpretation, and facility design and construction. All of this means that we have the skills, education, and required background to fully understand each of these areas. SFA’s proprietary data sets, analytics, and the stakeholder-interview and data-collection process we have perfected also allows us to gather a massive amount of hard data, as well as customer desires and opinions. We then put all of this data into our proprietary cash flow calculators to produce highly reliable analyses. In addition to our research on market trends, SFA’s up-to-date pricing on design/construction and our metrics-based revenue projections are regularly scrutinized by sophisticated committees and financing sources. So, all in all, we believe that the quality of our work, the expertise of our team, and the passion we have for this work, leads our clients to important insights, accurate financial projections, and high-quality strategy. It might sound dry and boring, but, in fact, the feasibility study process is something that we find exciting and energizing!
SFA market studies and feasibility studies are used as the basis for major decisions. They are used when communicating with funding sources, and the process of developing your feasibility study will include strategic planning and research, and it will provide a forum for strategic thinking. The result will be detailed cash flow projections for your project and a document that includes much of the important work of a business strategy, staffing structure, pricing model, construction timeline, and financial plan. With SFA, it’s well beyond simple market data!