| Projected rental revenue for the West Side Recreation Center | |||||||||
| Tournaments | 20 tournaments @ $3,000 each | $ 60,000.00 | |||||||
| Additional Classes and Leagues: | $ 40,000.00 | ||||||||
| Rentals | $ 15,000.00 | ||||||||
| Concessions | $ 40,000.00 | ||||||||
| Memberships | Family of 4 - $500 x 50 families = | $ 25,000.00 | |||||||
| Adult - $250 x 200 adults = | $ 50,000.00 | ||||||||
| Youth - $100 x 150 youth = | $ 15,000.00 | ||||||||
| Senior - $100 x 100 seniors = | $ 10,000.00 | ||||||||
| Total: | $ 255,000.00 | ||||||||
| This is a conservative estimate based on a five gym field house and one recreation center gym. | |||||||||
| The class and league totals may be low but I stayed conservative since we don't have a good | |||||||||
| idea of which programs would be using the new center. | |||||||||
| Concessions are based on total revenue earned. Not a percentage of revenue like we currenlty receive. | |||||||||
| Memberships are based on fees charged by other centers in the metro area. We could | |||||||||
| bundle memberships to include the recreation center and the Indoor Aquatic Center. | |||||||||