Costs of Building Theme Parks
- Waterparks: $10-40 million
- Indoor theme parks: $10-30 million
Revenue and Profitability
- Revenue in the U.S.: $22 billion in 2019, expected to rise
- Profit: Range from $100,000 to millions depending on size and type
Building Roller Coasters and Parks
- Roller coasters: Cost from $1 million to $25 million
- Strata coaster: At least 400 feet tall or drop
- Backyard roller coasters: Range from $17,000 to $800,000
Operational Aspects
- Generating revenue: Admission fees, food, beverages, merchandise
- Building a backyard theme park: Start small, consider zoning laws
Starting a Theme Park
- Initial steps: Planning, legal entity, type selection, feasibility study
Investment and Expansion
- Costs and projects: Multimillion-dollar investments, various ride costs
- Skills required: Vision, team management
Industry Insights
- Revenue growth: Industry growing at over 17% annually
- Theme parks vs. amusement parks: Focus on intricate themes vs. themed areas
Visitor Tips and Staffing
- Saving money: Advance ticket booking, outside food
- Employee earnings: Range from $17,000 to $29,000