0 просмотров
Рейтинг статьи
1 звезда2 звезды3 звезды4 звезды5 звезд
Загрузка...

Sports Afield (№ 5/2014)

HURL Field Acquisition Strategy. Field Acquisition Goals H.U.R.L Turf Sports Field (no rainouts – all games guaranteed) Preferred scheduling (leagues,

Published byMargery Dickerson Modified over 5 years ago

Similar presentations

Presentation on theme: «HURL Field Acquisition Strategy. Field Acquisition Goals H.U.R.L Turf Sports Field (no rainouts – all games guaranteed) Preferred scheduling (leagues,»— Presentation transcript:

1 HURL Field Acquisition Strategy

2 Field Acquisition Goals H.U.R.L Turf Sports Field (no rainouts – all games guaranteed) Preferred scheduling (leagues, tournaments etc…) Space for league and sport expansion Full field 340 x 240 = 2 full size ultimate fields (each field 340 x 120) H.U.R.L does not want to become a property management company (Field to be managed by HRM)

3 Costs to Build a Field in HRM $0.75 M land value $1.25 M site work Need land to be given/donated –Land from city –Already existing field Or need other Cost sharing Partners –HRM –Other Sport Organizations –Province (Sports and Recreation)

4 Redevelop Existing Field Proposal to HRM HRM Maintains Field (they were going to anyway) HRM responsible for bookings of other 24 hours HRM Revenue Potential 30 weeks x 24 hrs/week x $52/hour = $37,440 per year 50/50 on time at the Facility 48 Total Prime Time Hours per week M-F 6-10 = 4hrs x 5 days = 20hrs S-S 8-10 = 14hrs x 2 days = 28hrs Each Party receives 24 hrs per week HURL books own 24hrs 24 hours @ 1.5 hours blocks 16 blocks x 4 teams per block = 64 teams 64 teams x 15 players per team = 960 potential HURL players @ 1 game/week Would cost 800,000 to turn an existing grass field into an all weather field

Читать еще:  Вертолет ка-26: история создания, описание и характеристики машины

5 Grass Versus Turf Why would HRM want to do this?

6 Base $ 160,000additional fill, drainage etc. $ 250,000 Excavation, Engineering, Plan MaterialsSod — $2.75 per sq. ft. $ 220,000FieldTurf — $4.50 per sq. ft. $ 360,000 Field Turf Base — $1.00/ sq. ft.80,000 Total Initial Capital Cost $ 380,000 $ 690,000 Maintenance$52,500/year x 10 years $ 525,000$5,000 x 10 years $ 50,000 (mowing, water, herbicides, pesticides, re-sodding) HURL Contribution $ (400,000) Total Costs $ 905,000Total Costs $ 340,000 Annual Revenues From Field16 weeks x 48 hours x $9 $ 6,91230 weeks x 24 hours x $52 $ 37,440.00 10 Year revenues$6912 x 10 years $ 69,120$37,440 x 10 years$374,400 Total after 10 years $ (835,880) $34,400

7 Annual Cost Comparison Current annual costs per player Annual Dues: $25 Summer: ($500/15 Players per team) $35 per player 12 games = $2.90 per game Fall: ($350/15 Players per team) $25 per player 8 games = $3.15 per game $85 total for 20 games = $4.25 per game Maximum Revenue Generating Scenario Annual Dues: $10 Summer: ($750/15 Players per team) $50 per player 20 games = $3.00 per game Fall: ($500/15 Players per team) $35.00 per player 10 games = 3.50 per game $95 total for 30 games = 3.15 per game Assuming 750 players pay dues and play in Summer, and 450 players play in fall this scenario would generate

53,000 per year in revenue.

8 Loan Scenario $53,000 maximum annual revenues $100,000 in Field Fund totaldownloanmonthlyannual 350,000100,000250,0003,033.19 $ 36,398.28 400,000100,000300,0003,639.83 $ 43,677.96 450,000100,000350,0004,246.47 $ 50,957.64 10 year term loan at 8% Interest

9 Cost Sharing Proposal $43,677.96 / 750 HURL players = $58.23 per player $58.23 / 30 games = $1.94 per game Total per HURL player per 30 game season = $58.23 (field)+ $10 (dues) = $68.23 Currently paying $85 per season — $68.23 = $16.77 Savings More games, less cost per game & on the best quality field available Bottom Line – Less cost per player for a much better product! totaldownloanmonthlyannual 400,000100,000300,0003,639.83 $ 43,677.96

Читать еще:  Смена шильдика. Крупнокалиберная винтовка Remington R2Mi .50 BMG

11 New Field Development Costs 1 Land approx 5 acres500,000 to 1,000,000 750,000 2 Site Work Permits and Licenses $ 5,000 Electricity & gaslines & hook up$ 5,000 Water & Sewerhook up $ 5,000 Site WorkCut, Fill, Drainage $ 250,000 Fencing1160ft x $17per ft= $19,720 $ 20,000 Turf340x240= 81,600x$4.50 $ 367,200 Base Carpet Rubber340x240 = 81,600x$1.00 $ 81,600 Parking Lot Pavinggrading, gravel, paving @$2.00 per sq ft (80,000 sq ft) $ 160,000 Lights — outsideParking Lot & Field $ 200,000 $ 1,093,8001,093,800 Subtotal $ 1,843,800.00 Tax $ 258,132.00 Total $ 2,101,932.00

12 Field Redevelopment Budget Fill, Drainage, level $ 100,000 Turf (81,600 x $4.50) $ 367,200 Base Carpet Rubber (81,600 x $1.00) $ 81,600 Fence $ 20,000 Lights (wood poles) $ 100,000 Overun $ 32,000 SUBTOTAL $ 700,800 TAXES $ 98,112 TOTAL $ 798,912 TAXES $ (98,112) FENCE $ (20,000) SOD $ (220,000) Lights (wood poles) $ (100,000) TOTAL $ 360,800

Ссылка на основную публикацию
Статьи c упоминанием слов:
Adblock
detector