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If you’ve landed on this article page, you’re probably searching for a good business idea—an idea that’s light on the pocket but heavy on returns, promising both a fulfilling journey and potential profit.

 
 

                           How to set up an Amusement Park in Nigeria

An amusement park is one of the most visited places during holidays. People of all ages and from all walks of life regardless of their financial status enjoy everything there is, from the foods being sold in carts, the party-like ambiance, and not to forget the simple rides to the most exquisite ones.

Several fun-loving individuals would want to put up an amusement park business. They would want to make sure that the return of their investments would be doubled or maybe tripled.

The Amusement Park Project should provide leisure to the public, complete with Popular Rides, Indoor/Outdoor Soft Playground Equipment as well as the installation of a wide range of Entertainment Attractions.

The amusement park industry has shown steady attendance and revenue growth over the past twenty years. But not all parks are a success. While a well-planned amusement park can generate steady revenues and enormous amounts of capital, a poorly planned one can be a money-pit. To make sure your amusement park is a success, both with your guests and your investors, you will need to plan carefully, gather an experienced team to oversee the design and construction, and carefully train your staff to ensure a smooth opening.

 

The Indoor Rides and Games will make for a safe place for children to visit while conquering the boredom factor and providing entertainment for them and their adult parents. Safety, cleanliness, good customer service, low prices and exciting staff should be the selling points of any Amusement Park in Nigeria. The Park should have the capacity of organizing groups and school tours events, birthday parties and family outings.

 

Other attractions like Crocodile and aquatic animals could also be added to the park in order to attraction different groups of persons and show case the potential of the country in that area.

 

Probably they would want to satisfy the child in them. And surely an amusement park is one of the most profitable businesses there is, though it also requires a very huge amount of investment it would also require ample time to make a comprehensive feasibility study on how you would be able to come up with a successful business. The feasibility study is the most crucial of them all; physical planning is the first step in developing an amusement park.

Another factor to consider is the availability of any vacant land on which to construct your amusement park business. You need to think as to how big or how small would be the size of the amusement park that you would want to put up. Do you have enough funds for it? If yes, then go ahead; start right away as soon you are done with the planning stage. But if you do not have enough funds to be able to start one, you can ask the help of your family or friends to be your business partner/s.

It’s not just the fun and enjoyment why people would always want to come back more often to your amusement park. Cleanliness and courtesy of the staff can also be contributing factors why they would love to come back more often.

 

Finally, Advertise! There is no better way to make it known than advertising. Look for the best advertising company to make the most effective ad for your amusement park, make it brief but concise.

 

arrow yellowPick the type of amusement park you will open. You will need to do market research to determine the size of the market and the competitors in your area. If there is already a well-established park in the area, it will be easier to break into the market if your park offers a substantially different experience, whether in terms of rides or theme. The two major types of park are water parks and thrill-based parks involving roller-coasters and other types of rides. There are seven major types of theme, though many parks combine several of them:

Adventure – Thrill rides, mystery, action.

Futurism – Discovery, exploration, science, robotics, science fiction.

International – Flavors of the world, areas with national themes.

Nature – Animals, gardens, natural wonders.

Fantasy – Cartoon characters, magic, myths and legends.

History and Culture – Historical ambiance, areas with period themes.

Movies – Rides based on films, stunt shows, behind the scenes.

Decide between franchising or starting a new park.

Decide between franchising or starting a new park. Though starting your own park will allow you more control over the attractions offered and the style of the park, it also entails greater risk. Starting a franchise will give you more support and a proven brand that will aid in raising capital. For a first time business owner, it is a safer option.

 

arrow yellowHire an experienced group to perform a feasibility study. Amusement parks require a lot of capital to start, and there is no sense in wasting time and effort if there is no market for your park. A feasibility study will take into account potential sites, your park concept, the local market and tourist market, and industry trends and local competition in order to estimate costs, revenues, and how many first-year guests you can expect. This last number is hugely important, as the number of first-year guests expected will determine the amount you need to spend to build a park that can accommodate them. Estimate too low, and your park will be overcrowded. Estimate too high, and your park will fail due to inability to recoup construction costs

Choose a location. You will need to have vetted two or three potential locations before approaching investors. Now is the time to pick one, based on availability, cost, and the factors unearthed in your feasibility study: Ease of access for local residence and tourists. Climate. Surrounding neighborhood and businesses.

Pick a marketing firm to help advertise the park. Even before construction nears completion, you will want to hire a firm to help you begin advertising your new park through billboards and targeted television, radio, newspaper, and online ads. Also consider offering opening day and first-year pass discounts to boost initial attendance and create more word-of-mouth buzz.

 

Hire and train personnel to run the park. After you determine the number of staff, their positions and pay, one of your project managers should be placed in charge of staffing the park. As the park nears completion, you will begin training staff for the rides, concessions, ticket sales, games, etc. Rehearsals will also start for any shows or entertainment features at the park.[12]

 

arrow yellowStart with a soft opening. Invite members of the public to try out the park before it officially opens. This will give your staff a chance to practice with real customers and allow you to work out any operational kinks. You may want to plan a week or more of trial days to help perfect the functioning of your park

Open your amusement park. After all your hard work, your amusement park is finally open! Invite the media, government officials, celebrities, important investors, and friends to the official ribbon cutting. Be sure to schedule special events in the park to commemorate the day. You want your first visitors to be wowed so they promote the park to your friends.

It's a long process. A wooden roller coaster takes about nine months to build where as steel roller coasters take up to one and a half years. However, the park itself will take a lot longer for paths, stores, and decorations etc. So probably about 2-3 years, but if you have a heavily themed roller coaster it could take almost 3 years to build.

 

arrow yellowIf you want to know your budget, you can find a professional manufacturer. You tell them what you want. The professional staff will tell you a budget with reference value according to your request.

Get our practical guide on how to open a lucrative Amusement Park in Nigeria. Designed to be an indispensable resource, the Amusement Park Business plan serves is an essential guideline for both new and established enterprises in the hospitality industry. It addresses business planning, operations, marketing, organizational structure, and finance and outlines how to effectively manage them. Moreover, the document includes a detailed financial model crucial for attracting investors and securing loans or venture capital to fuel business growth.

Click here to fill our application form:   https://forms.gle/jt7DaqkmobimT5PX8 

One on one practical training with ongoing support  from our resource person. Well-crafted training initiatives aim to close skill gaps, thus boosting individual performance. The success of this program reflects our shared commitment to creating a better future for our participants The trainees are evaluated at the end of the training period to ascertain the reliability of such training so as to assist in the provision of necessary instrument needed for starting the business or trade. Training is built on an active, experimental and practical learning sessions. Our expert advice is unique, actionable, and impossible to replicate. No one else can provide the tailored insights we offer, designed specifically for your success .Imagine having a roadmap tailored just for you, guiding you step by step toward your  career goals. Attendees will receive certificate of participation at the end of the Training
    Click here to fill our application form:   https://forms.gle/jt7DaqkmobimT5PX8

 

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