Projected Income and Expenses
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Projected Income and Expenses
Swimming Pool Projected Income
The swimming pool at MAFHH HOME Peace & Serenity Village is designed to be a key attraction for both residents and visitors, offering separate pools for ladies and gents, along with various membership and usage options. Below is a breakdown of the projected income for the swimming pool:
Income Streams
- Overview: The swimming pool will offer annual memberships for individuals and families. These memberships will provide unlimited access to the pool throughout the year.
- Breakdown:
- Individual Memberships: £300 per person, targeting 50 members = £30,000
- Family Memberships: £500 per family, targeting 30 families = £30,000
- Overview: In addition to memberships, non-members will have the option to pay per visit. This is ideal for occasional visitors and tourists.
- Breakdown:
- Adults: £10 per visit, targeting 2,000 visits annually = £20,000
- Children: £5 per visit, targeting 1,000 visits annually = £5,000
- Overview: The swimming pool will offer swimming lessons for children and adults. These will be conducted in group classes and private sessions, creating an additional income stream.
- Breakdown:
- Group Lessons: £100 per course (10 lessons), targeting 120 participants annually = £12,000
- Private Lessons: £30 per lesson, targeting 200 lessons annually = £6,000
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- Overview: The pool will be available for private hire for special events such as birthday parties, corporate events, and private functions.
- Breakdown:
- Pool Parties: £300 per event, targeting 20 events annually = £6,000
- Corporate Events: £500 per event, targeting 12 events annually = £6,000
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- Overview: The pool will have a small retail section offering swimming accessories such as goggles, swim caps, towels, and branded merchandise.
- Breakdown:
- Swim Accessories: £10 per item, targeting 300 sales annually = £3,000
Projected Income and Expenses
Summary
Total Annual Income:
10-Bedroom Villa: £123,600
Event Hall: £350,000
Combined: £473,600
Total Annual Expenses:
10-Bedroom Villa: £61,000
Event Hall: £130,000
Combined: £191,000
Total Net Annual Income:
Combined: £282,600
This projected income and expenses outline demonstrates the potential profitability of the 10-bedroom villa and event hall within the MAFHH HOME Peace & Serenity Village project.
Projected Income and Expenses
Swimming Pool Projected Expenses
Operating a swimming pool within the MAFHH HOME Peace & Serenity Village involves several ongoing costs. Below is a detailed projection of the expenses associated with maintaining and running the swimming pool facility.
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Lifeguards (2 part-time lifeguards)
- Hourly Wage: £12 per hour
- Hours per Week per Lifeguard: 20 hours
- Total Weekly Lifeguard Costs: 2 lifeguards * 20 hours * £12 = £480
- Annual Lifeguard Costs: £480 * 52 weeks = £24,960 Pool Maintenance Staff (1 part-time)
- Hourly Wage: £15 per hour
- Hours per Week: 10 hours
- Total Weekly Maintenance Costs: 10 hours * £15 = £150
- Annual Maintenance Costs: £150 * 52 weeks = £7,800
- Total Annual Staff Costs: £24,960 (Lifeguards) + £7,800 (Maintenance) = £32,760
- Heating and Water Costs
- Estimated Monthly Costs: £1,000
- Annual Heating and Water Costs: £1,000 * 12 = £12,000
- Electricity Costs
- Estimated Monthly Costs: £800
- Annual Electricity Costs: £800 * 12 = £9,600
- Total Annual Utility Costs: £12,000 (Heating & Water) + £9,600 (Electricity) = £21,600
- Pool Chemicals (chlorine, pH balancers, etc.)
- Estimated Annual Costs: £6,000
- Regular purchases to maintain water quality and safety.
- Cleaning Supplies and Equipment
- Estimated Annual Costs: £1,500
- Includes brushes, vacuums, nets, and other cleaning tools.
- Total Annual Chemical and Supply Costs: £7,500
- Liability Insurance
- Estimated Annual Premium: £5,000
- Covers potential accidents, injuries, or damages.
- Total Annual Insurance Costs: £5,000
- Routine Maintenance
- Estimated Annual Costs: £3,000
- Regular checks and minor repairs to maintain pool functionality.
- Unexpected Repairs
- Estimated Annual Budget: £2,000
- Covers unexpected issues like pump failures or leaks.
- Total Annual Maintenance and Repair Costs: £5,000
- Health and Safety Compliance
- Estimated Annual Costs: £1,200
- Includes required inspections and certifications.
- Total Annual Licensing and Permit Costs: £1,200
- Staff Costs: £32,760
- Utilities: £21,600
- Chemical and Supply Costs: £7,500
- Insurance: £5,000
- Maintenance and Repairs: £5,000
- Licensing and Permits: £1,200
Total Annual Expenses: £73,060
Projected Income and Expenses
Summary
Total Annual Income:
10-Bedroom Villa: £123,600
Event Hall: £350,000
Combined: £473,600
Total Annual Expenses:
10-Bedroom Villa: £61,000
Event Hall: £130,000
Combined: £191,000
Total Net Annual Income:
Combined: £282,600
This projected income and expenses outline demonstrates the potential profitability of the 10-bedroom villa and event hall within the MAFHH HOME Peace & Serenity Village project.
Projected Income and Expenses
Summary
Total Annual Income:
10-Bedroom Villa: £123,600
Event Hall: £350,000
Combined: £473,600
Total Annual Expenses:
10-Bedroom Villa: £61,000
Event Hall: £130,000
Combined: £191,000
Total Net Annual Income:
Combined: £282,600
This projected income and expenses outline demonstrates the potential profitability of the 10-bedroom villa and event hall within the MAFHH HOME Peace & Serenity Village project.