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Click here to go to INDEX
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Intro: Vertical Velocity
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Vertical Velocity is going to be the first ever Skate Park In Bangladesh.
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The skate park will start off on a 6000sq.ft area on the rooftop of any suitable space. On the third year the business will be expanded and a second similar skatepark will be set up.
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The skate park will provide skating facilities to both skate board and roller skate skaters. The park will have wooden rails, halfpipes, quarterpipes and standardized equipment.
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The skatepark will also have a shop that will offer skateboards, roller skates and helmets for sale and rental
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The skatepark will offer space for advertisement, to be rented by interested businesses.
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Financials including income statements and annual cash flows for the first 6 years of the business is shown in this excel file.
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NPV and IRR for the 1st five years, with adjustments made for cashflows from beginning year 6 to perpetuity is also included.
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Some assumptions were made on general information, rest of the data were collected from professionals in the respective fields.
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