8 multipurpose athletic fields • 4 basketball courts • 2 volleyball courts • 2 beach volleyball courts • 4 tennis courts • Enclosed skateboard plaza • Aquatic facility with lap pool and diving pool • Playground with water play area • Enclosed dog parks • Paved path encircling athletic fields • Restroom facility near athletic fields • 35,000 square‐foot community center with full gymnasium, fitness center, game room, dance room, and meeting rooms • 320 square‐foot • Police substation with holding facility in the community
The commitment to athletics in Division III has lead to money being spent on new sports and recreation facilities. So much so that it’s been put to question if there is an “arms race” to who can build the biggest and
The main marketing objectives of the new course will be to manage demand fluctuation by promoting the business effectively and to attract customers by developing alliances with other local business. The marketing objectives will be measured in several ways. The partners will instruct their staff member to collect daily data on the number of players, and the time of day of that they played (morning, afternoon, evening). This data can be stored in a basic spreadsheet for simple analysis. The partners
Five guys from Maine decided to take their knowledge— passion for sports— and use it to open one of the most successful sports facilities in the nation. Chi-Town Elite is a three-sport training facility located in the heart of North Chicago. The three-floor training facility on 410 Excellence Drive is truly one of a kind: a one of the reason why it’s located on Excellence drive. We have fields, courts and specialized weight rooms for the three major sports of football, basketball and baseball. We also have a public weight room open to the public and a cheap membership. We attract athletes at the high school and college level’s aspiring to make it to the next level and improve their game. We have a very experienced
Over the years, Davey’s relationship with Bank of America Stadium grew. Now, Davey now provides pruning, fertilizing and plant health care services to all stadium’s trees.
Larry Landlord has recently renovated an apartment and has put it on the market to be rented for $800.00 a month. Larry Landlord has been in business for approximately five (5) years and has had both positive and negative experiences with tenants. Larry Landlord is hoping to find a good, long-term tenant for his apartment. Roger Renter saw Larry’s sign for the apartment for rent and thought the location and the apartment would be perfect. Roger met Larry to look at the apartment and Roger fell in love with it. All of the interior fixtures had been replaced and the unit had a nice
The approximate location of the field will be at a 20 acre section owned by the Texas Dodgers, located at Parkway Austin, Texas. The field, parking lot and building location may be obtained during a scheduled pre-bid walk thru and exact site locations should be included in package “A” plans and drawings by awarded contractor.
Since remodeling the house, Sexton has been operating the property at a profit, with income from operations currently at $15,000. If we based the sales price on current net operating income and an 8.25% capitalization rate, Sexton should be able to sell the property for about $182,000. Exhibit 1 provides a sales price range between 162,000 and $207,000 based on a range of cap rates.
Luke has been asked to work on a project that involves developing land recently bought by ABC to build an adult entertainment retail store. According to the plan, Luke’s brother, Owen, whom he is very close to, lives in the neighborhood that the adult entertainment retail store plan will be built. Luke knows that as soon as the plans for the store become public, the property value of the homes in Owen’s neighborhood are expected to decrease significantly. Luke is concerned about his confidentiality obligations to the company. Owen has openly expressed to Luke that he has thought about putting his home on the market for sale; this is concerning for Luke. He knows that Owen has received and acceptable offer for his home already, but wonders if the market for real estate in the area will increase in the next few years.
Bowling has witnessed a decline in an activity of choice for families. The image of the Wallingford Bowling Centre has kept changing in the period of decline; however the sports activities still gives good exercise, a game of skill, and fun competition. If the experience and image of the bowling center could be reorganized with good-looking appearance and feel, it will rebound and be better. As a family activity, bowling can be continued by individuals until their old age. The activity is a game of skill, which can be made better by the players through practice (Forrest & Iannucci, 2013). The organization gets customers from the local area, within a radius of about fifteen miles. They, therefore, are subject to local events as well as the local trends than the larger entertainment producers, such as the theme parks or movies. It, however, means that the company could be more integral to the community as well as involved in the community building to generate the loyalty of the clients.
We will hold this investment, as stated earlier, for a five-year period, after which we will dispose of the asset. Selling the asset after a five-year hold make sense as it allows us to take advantage of a major bump in base rent starting in year six of the investment (assuming we lease all three tenants to the leases they have indicated interest in signing), meaning that we can sell the asset for much more than we could before year five due to the significantly higher NOI associated with this greater base rent. We will then plan to sell the property, at the end of year 5, at a 7% cap rate, a figure that represents a mere 22 basis point increase from our entrance cap of 6.78%.
The sports analytics industry is a niche market of Sports and recreation industry. Per estimation by PWC, global sports industry revenues will grow to $145.3 billion at an annual compound growth rate of 3.7 percent and according to the report from PRNewswire , the sports analytics market is estimated to grow significantly from $145 million in 2013 to $4.7 billion by 2021 (PRNewswire, 2015). Per report from US Dept. of Commerce, US is expected to be the biggest market with 2015 revenue contribution of over $83.3 billion (Smith et. al., 2015). Per survey by University of Michigan the Consumer Confidence Index (CCI) is 82.5 as of June, 2014 which is up by 1.6% compared to 2013. The higher rate of CCI implies higher consumer confidence and buying power (Carroll, 2014).While the ongoing recovery of economy in western countries is in progress, there is a shift in emerging markets with increase in spending power due to the rising middle class and large populations. In addition, the US younger generation has been least impacted by economic recession compared to Baby Boomers and is considered to have higher buying power (Maxwell et al. 2014). The competition in the industry is characterized by a moderate number of competitors including a few established companies with majority of the market share.
This course helped me gain an understanding of the common methods (such as identifying, evaluating, and exploiting opportunities) involved in creating new ventures. I studied new methods of financing, marketing strategy, industry analysis, and resource management. In the beginning of the course, I learned how to seek out an opportunity for new venture by exploring customers needs/ problems, window of opportunity, and identifying the stakeholders that will gain value from our company. My group and I thought long and hard about the business we wanted to create. We choose to provide customers a sport inspired environment where our customer can play variety of games such as paintball, laser tag, and manhunt, all while having fun and staying fit. We knew providing all of these activities under one roof will be convenient, therefore being valuable to our customers, as well as solve problems such as boredom, obesity, and other health problems caused by lack of exercise. After doing further research, we determined this is indeed a profitable so we decided to call our business Triple Threat because we offer 3 different activities. I now know the questions I should ask myself when determining what business I want to open. The internal feasibility project helped me understand the process of opening a feasible business and determining what a successful business means to me.
From its inception, the business had seen the better beginnings resulting from the high numbers of customer who visited the Enterprise in search for its services. This was evident in the extent by which the local new had shown interest in the business and as such frequently aired the news about the tournament that was being hosted by the Outdoor Adventure Paintball Park. The business enterprise seemingly