4 months ago

Bruneau_1998 (1)

ft Retreat Centre far c

ft Retreat Centre far c Whok J&aCth Costing To insure the viability of the project, basic costing and potential revenue ideas needed to be outlined. With an approximate area of 4300 square metres, and at a cost of $1250 a square metre 27 the Centre would cost around five and one half million dollars. Land costs are forecast at five hundred thousand to one million dollars based on current market prices and the area that was specified. Revenue to sustain operation would come from the following areas: • Overnight and long term visitors approximate revenue per year $650,000 • Short-term and drop-in visitors $15,000 • The nutrition centre $400,000 • The retail outlet $150,000 • Lecture series, with the potential to market in-house produced video programs, ranging from Yoga sessions to Tai-Chi to discussions regarding nutrition $100,000 49

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