Having fun in the water and playing with water toys is an activity loved and shared by children as well as adults. An enjoyable pastime is kicking back on the lake or enjoying some type of sliding down water slides. The trouble is, most of the time adults want to go to the lake, while children prefer to go to a water park .
If you are considering starting an inflatables business, there is now a way in which you can combine watersports, lake enjoyment, and inflatables...inflatable water parks.
Inflatable water parks are hugely popular. All over Asia and the Americas, inflatable water parks provide more fun than kiteboarding lessons!
If you are considering starting an inflatables business, there is now a way in which you can combine watersports, lake enjoyment, and inflatables...inflatable water parks.
Inflatable water parks are hugely popular. All over Asia and the Americas, inflatable water parks provide more fun than kiteboarding lessons!
The History of Water Toys
What is an Inflatable Water Park?
Inflatable water parks are extremely durable plastic and rubber items. They are a cross between an inflatable water slide, a water park, and a bounce house. These can be inflated in almost any location and bring the enjoyment of a waterpark to new places.
More exciting than an inflatable patio dock, or giant pool floats, an inflatable water park is similar to other inflatables but better. inflatable water parks have a lot of different setup options. Whether you are looking for simple inflatable pools to gigantic inflatables that have attached slides, drops, swings, obstacles, and even trampolines. There are inflatables for everyone of all age groups to enjoy.
Whether you are looking to play basketball, volleyball, slide down a slide, be thrown into the water, or simply submerge yourself, there is an option for everything! The best part of inflatable water parks is running one properly. As long as you are running it with safety in mind, then there is little risk for accidents to happen.
Children especially often love inflatable water parks because they offer an exciting afternoon and fun-filled day. Despite this, inflatable water parks are amazing for adults too. Whether you are hosting a birthday party, a special occasion, even a family reunion, inflatable water parks are great fun!
Who Would Want to Buy an Inflatable Water Park?
There are many different situations where you might consider buying an inflatable water park. In retrospect, you do not need to know much about the industry in order to get into it. There are so many opportunities to make great income when it comes to inflatable water parks, it is an incredible investment.
As an Investment
You can rent an inflatable water park out for children’s birthday parties, picnics, special events, bachelorette parties, and even offer alcohol! Similar to how you may charge a premium on entry to a water park, you can do the same with an inflatable water park!
Investing inflatable water parks is a great business investment, as you can pay off the cost of the water parks within one season.
At Your Private Home
For families, inflatable water parks can also be an amazing investment. If you have any type of land or even a pool, having a customized water park is an incredible addition. Take your children to the water parks and host parties at your own home!
If you choose to put an inflatable water park in your home, In the long run, you may actually save money! This is because you will never again need to drive to a water park, pay fees, and purchase new equipment. You will also save money on birthday parties because you can host them at your home!
So, You've Bought Inflatables...Now What?After purchasing your inflatable water parks, it is time to get down to business planning. You will need to think of a few aspects before making any profit.
- The first waterslide in the United States was in Faribault, Minnesota, and created by furniture maker Herbert Sellner in 1923. This was a revolution to the world of amusement.
- In the late 1940s, more pools began to add slides, some larger slides were even added to public pools.
- George Millay famously founded Sea World and brought his ideas of waterslides in the 1960s and 1970s.
- The first wave pool opening in Alabama drew huge crowds for people who wanted to experience the water without getting fully submerged. This was proof that water sports held their place in America.
- At this time Orlando, Florida already hosted amusement locations, George Millay built the first water park in 1977.
- Although it closed in 2016, this water park became the model for most other parks in the United States, Europe, South America, and Asia resulting in what we know as water parks today.
- Since the 1970s, there has been a huge expansion of water parks. Whether this is slides, rides, pools, or other features.
- By the early 1980s, major water parks sprouted up all over the place.
- Today there are more than 1000 water parks in the United States.
- Every year new innovations continue to grow, thus, giving birth to the inflatable water park.
What is an Inflatable Water Park?
Inflatable water parks are extremely durable plastic and rubber items. They are a cross between an inflatable water slide, a water park, and a bounce house. These can be inflated in almost any location and bring the enjoyment of a waterpark to new places.
More exciting than an inflatable patio dock, or giant pool floats, an inflatable water park is similar to other inflatables but better. inflatable water parks have a lot of different setup options. Whether you are looking for simple inflatable pools to gigantic inflatables that have attached slides, drops, swings, obstacles, and even trampolines. There are inflatables for everyone of all age groups to enjoy.
Whether you are looking to play basketball, volleyball, slide down a slide, be thrown into the water, or simply submerge yourself, there is an option for everything! The best part of inflatable water parks is running one properly. As long as you are running it with safety in mind, then there is little risk for accidents to happen.
Children especially often love inflatable water parks because they offer an exciting afternoon and fun-filled day. Despite this, inflatable water parks are amazing for adults too. Whether you are hosting a birthday party, a special occasion, even a family reunion, inflatable water parks are great fun!
Who Would Want to Buy an Inflatable Water Park?
There are many different situations where you might consider buying an inflatable water park. In retrospect, you do not need to know much about the industry in order to get into it. There are so many opportunities to make great income when it comes to inflatable water parks, it is an incredible investment.
As an Investment
You can rent an inflatable water park out for children’s birthday parties, picnics, special events, bachelorette parties, and even offer alcohol! Similar to how you may charge a premium on entry to a water park, you can do the same with an inflatable water park!
Investing inflatable water parks is a great business investment, as you can pay off the cost of the water parks within one season.
At Your Private Home
For families, inflatable water parks can also be an amazing investment. If you have any type of land or even a pool, having a customized water park is an incredible addition. Take your children to the water parks and host parties at your own home!
If you choose to put an inflatable water park in your home, In the long run, you may actually save money! This is because you will never again need to drive to a water park, pay fees, and purchase new equipment. You will also save money on birthday parties because you can host them at your home!
So, You've Bought Inflatables...Now What?After purchasing your inflatable water parks, it is time to get down to business planning. You will need to think of a few aspects before making any profit.
Where will you put your water parks?
There are higher and lower-cost options for this. The higher cost option is to either purchase or rent lake space. This is extremely ideal as you will be able to draw adults to the lake, while children get to enjoy the inflatable water parks. This can prove costly, and so your lower-cost option is to create a rental business. This means you can bring your inflatable water parks to pools, or even purchase inflatables that hold their own water source.
How will you manage your advertising?
In order to run your business and make it a success, you will need to put effort into advertising. Advertising is very important, and this can begin simply by doing so in your local community. Put flyers in your local shop, and anywhere else you can think of.
One great way to advertise is by using social media. This means Facebook, Twitter, Instagram to help get the word out about your business. Creating a website and hiring an SEO expert is also a great option. This will allow you to
Word of mouth is also an amazing way to advertise your inflatable company. As long as you give good service and offer a great opportunity for fun, then your business should spread by itself.
Tips
When speaking about your business, do so in a friendly, cheerful, and helpful way. Make sure to always arrive on time, or open on time for business. Be flexible when customers cancel, especially if there is bad weather.
Creating a Budget
What is it? Your business budget is an overview of your inflatable business finances. It will outline all information regarding the state of your business. This includes both income and expenses, as well as your long-term goals. Your budget will play a key role in making good financial decisions, so it should be one of the first things you do, if possible, even before purchasing your inflatable water parks.
You will need to identify where to cut spending or to grow revenue. Your business budget can also help you to understand where you need to cut back, and what can help you grow.
Especially if you are planning to apply for a business loan, you will need to have a detailed budget.
Understanding Your Income Sources
When you are originally building a business budget, you will need to understand how much your business will bring in, as well as where you plan to bring it in from. This means you will need to decide if you plan to bring in your income from rentals, parties, or other functions. You may actually have multiple income sources, and that is great! Make sure to record all of this information.
Determine Your Costs
Once you understand where your income will be coming from, you will also need to understand what you will be responsible for in terms of costs.
First, you can determine your fixed costs. These are expenses that will be the same each month. This can include lake rental, rent if you decide to house an office, utilities in that office, website hosting, and employee costs.
Once these costs are determined, add them together to get your total fixed cost expenses for the month. Since you may not have any financial data, then you can use projected costs.
Include Variable Expenses
Variable expenses do not have a specific price tag. These are different based on your business, and what you might use. This can include travel costs, maintenance, or other possible expenses that you cannot predict.
Predict Necessary One-Time Spends
Some of your expenses will occur every month, but some will happen one or two times. These need to be factored into your budget as well. This can be the initial cost of your inflatable water park, an expensive website, or even hiring a marketing expert.
In this part of your budget, you can also add a buffer. This will allow you to have extra money when needed to avoid your inflatables business collapsing due to unexpected expenses.
Pull It Together
After you have contemplated all of your income then you will have a full view of what you need to truly get started in your business. This is vital in creating a proper business plan and a profitable business. By having a true outlook on your business, you will be able to set goals and put in the work to reach them.
The most important aspect of your budget is having your total income and your total expenses. Then compare your cash flow in (income) to cash flow out (expenses). This will help you to realize what your possible profit will be at the beginning.
How To Earn Maximum Profit Running an Inflatable Water Park
Although an inflatable water park often makes money simply by existing, there are many methods for earning a lot of money with your inflatable water parks investment. These can include offering different activities, food options, or even hosting parties.
Welcome large groups
By welcoming large groups of people you automatically have a huge number of customers in one day. Whether that means marketing to family reunions, religious groups, schools, or events, large groups will bring your large profit.
Themes
Choosing a theme for your park is a wonderful idea. The park should have one cohesive theme, that will bring customers to your park often. You might be interested to go with a cartoon character, but always be sure to pick one that is timeless.
You can also offer themed days. This does not need to be necessary based upon your actual water parks but, instead, can be regarding costumes.
Offer Deals
Having a day for “bring a friend free” will bring more people to your inflatable water parks. Everyone wants to feel as though they are getting a good deal, and this will allow that to happen. They also might bring more people who had never heard of your park or business before. If you have a great park and they have fun, they will most likely return on a normal day and become a repeat customer.
Holidays
Dressing the park up for a holiday is always a fun idea. You can also simply have a party and play specific holiday music, offer holiday treats, and host somewhat of a party. Always be sure to offer a special gift to those who choose to host their birthday party at your park.
Offer Food and Beverages
Having food and beverages for sale is not the only kind to your customers but can make you a ton of money! If possible, sell alcoholic beverages for adults to enjoy while their children play. Make sure you follow all food and beverage regulations.
There are higher and lower-cost options for this. The higher cost option is to either purchase or rent lake space. This is extremely ideal as you will be able to draw adults to the lake, while children get to enjoy the inflatable water parks. This can prove costly, and so your lower-cost option is to create a rental business. This means you can bring your inflatable water parks to pools, or even purchase inflatables that hold their own water source.
How will you manage your advertising?
In order to run your business and make it a success, you will need to put effort into advertising. Advertising is very important, and this can begin simply by doing so in your local community. Put flyers in your local shop, and anywhere else you can think of.
One great way to advertise is by using social media. This means Facebook, Twitter, Instagram to help get the word out about your business. Creating a website and hiring an SEO expert is also a great option. This will allow you to
Word of mouth is also an amazing way to advertise your inflatable company. As long as you give good service and offer a great opportunity for fun, then your business should spread by itself.
Tips
When speaking about your business, do so in a friendly, cheerful, and helpful way. Make sure to always arrive on time, or open on time for business. Be flexible when customers cancel, especially if there is bad weather.
Creating a Budget
What is it? Your business budget is an overview of your inflatable business finances. It will outline all information regarding the state of your business. This includes both income and expenses, as well as your long-term goals. Your budget will play a key role in making good financial decisions, so it should be one of the first things you do, if possible, even before purchasing your inflatable water parks.
You will need to identify where to cut spending or to grow revenue. Your business budget can also help you to understand where you need to cut back, and what can help you grow.
Especially if you are planning to apply for a business loan, you will need to have a detailed budget.
Understanding Your Income Sources
When you are originally building a business budget, you will need to understand how much your business will bring in, as well as where you plan to bring it in from. This means you will need to decide if you plan to bring in your income from rentals, parties, or other functions. You may actually have multiple income sources, and that is great! Make sure to record all of this information.
Determine Your Costs
Once you understand where your income will be coming from, you will also need to understand what you will be responsible for in terms of costs.
First, you can determine your fixed costs. These are expenses that will be the same each month. This can include lake rental, rent if you decide to house an office, utilities in that office, website hosting, and employee costs.
Once these costs are determined, add them together to get your total fixed cost expenses for the month. Since you may not have any financial data, then you can use projected costs.
Include Variable Expenses
Variable expenses do not have a specific price tag. These are different based on your business, and what you might use. This can include travel costs, maintenance, or other possible expenses that you cannot predict.
Predict Necessary One-Time Spends
Some of your expenses will occur every month, but some will happen one or two times. These need to be factored into your budget as well. This can be the initial cost of your inflatable water park, an expensive website, or even hiring a marketing expert.
In this part of your budget, you can also add a buffer. This will allow you to have extra money when needed to avoid your inflatables business collapsing due to unexpected expenses.
Pull It Together
After you have contemplated all of your income then you will have a full view of what you need to truly get started in your business. This is vital in creating a proper business plan and a profitable business. By having a true outlook on your business, you will be able to set goals and put in the work to reach them.
The most important aspect of your budget is having your total income and your total expenses. Then compare your cash flow in (income) to cash flow out (expenses). This will help you to realize what your possible profit will be at the beginning.
How To Earn Maximum Profit Running an Inflatable Water Park
Although an inflatable water park often makes money simply by existing, there are many methods for earning a lot of money with your inflatable water parks investment. These can include offering different activities, food options, or even hosting parties.
Welcome large groups
By welcoming large groups of people you automatically have a huge number of customers in one day. Whether that means marketing to family reunions, religious groups, schools, or events, large groups will bring your large profit.
Themes
Choosing a theme for your park is a wonderful idea. The park should have one cohesive theme, that will bring customers to your park often. You might be interested to go with a cartoon character, but always be sure to pick one that is timeless.
You can also offer themed days. This does not need to be necessary based upon your actual water parks but, instead, can be regarding costumes.
Offer Deals
Having a day for “bring a friend free” will bring more people to your inflatable water parks. Everyone wants to feel as though they are getting a good deal, and this will allow that to happen. They also might bring more people who had never heard of your park or business before. If you have a great park and they have fun, they will most likely return on a normal day and become a repeat customer.
Holidays
Dressing the park up for a holiday is always a fun idea. You can also simply have a party and play specific holiday music, offer holiday treats, and host somewhat of a party. Always be sure to offer a special gift to those who choose to host their birthday party at your park.
Offer Food and Beverages
Having food and beverages for sale is not the only kind to your customers but can make you a ton of money! If possible, sell alcoholic beverages for adults to enjoy while their children play. Make sure you follow all food and beverage regulations.
Sell Waterproof Items
Whether this is must have boat toys, a floatable waterproof pouch, floatable waterproof bag, or floating waterproof pouch, you will make huge amounts of money with these. You can also brand these with your logo! This will allow you to increase the price while offering a great service for your guests.
6 Inflatable Water Park Secrets You Never Knew
#1 When you purchase an inflatable water park, we will help you with your installation
This allows you to truly focus on having the proper installation. We want to make sure that you have no issues, and everything goes smoothly. We take pride in our products at Aqua Play Parks. Your business is a reflection of our product.
#2 Calmer waters are best to host in
Parts of the shoreline that have barriers or curved shorelines are the best. You should also always have a minimum depth of 2m because it can make it easier to actually secure the water parks.
#3 Keep boats away from the park
Always make sure that boats are restricted to dock up against the park. This is because they can disturb the waters, but also because it can be dangerous to people in the park! It is easy enough to create a simple system to keep boats in a different area, and have those customers walk over if they want to join the fun.
#4 They are heavier than you think
When not inflated, an inflatable water park is split into different pieces. These pieces can weight 100-200lbs for most, but up to 400-500lbs for the main attraction pieces. An example of the main attraction piece would be a large slide.
#5 They can be rolled up smaller than you think
The size of each piece deflated is actually quite small. When rolled up, the smaller 100lb pieces can fit into a wheel barrel. This makes them very easy to transport. Larger pieces, around 200lbs, can fit in the trunk of a large car or SUV. Even more surprisingly, three to four slides can actually fit into the back of a pickup truck.
#6 You will need to hire a good amount of staff
If you plan to have around 120 customers in one day, then you will actually need a staff of at least ten people. Many of these staff members will specifically be lifeguards. You will also need a first aid person on site, someone to sell tickets, and another to hand out life jackets. If you choose to sell food and drink you will need to hire even more staff to make sure your business is running smoothly.
What Will the Water Sports Industry Look Like in 10 Years?
It is impossible to know what the water sports industry will look like in ten years. It is likely that there will be more body launching inflatable toys, and an inflatable patio dock will be much more common. Rather than sit around and wait to see, be the pioneer who purchases an inflatable coffin pool float to add on your business.
Inflatable businesses are extremely popular, but the industry has not boomed...yet. Are you going to wait to join the water sports industry until after it booms or wait? Now is the time to become a part of this incredible industry before it happens. Email us today to get started on your custom inflatable water park order.
Whether this is must have boat toys, a floatable waterproof pouch, floatable waterproof bag, or floating waterproof pouch, you will make huge amounts of money with these. You can also brand these with your logo! This will allow you to increase the price while offering a great service for your guests.
6 Inflatable Water Park Secrets You Never Knew
#1 When you purchase an inflatable water park, we will help you with your installation
This allows you to truly focus on having the proper installation. We want to make sure that you have no issues, and everything goes smoothly. We take pride in our products at Aqua Play Parks. Your business is a reflection of our product.
#2 Calmer waters are best to host in
Parts of the shoreline that have barriers or curved shorelines are the best. You should also always have a minimum depth of 2m because it can make it easier to actually secure the water parks.
#3 Keep boats away from the park
Always make sure that boats are restricted to dock up against the park. This is because they can disturb the waters, but also because it can be dangerous to people in the park! It is easy enough to create a simple system to keep boats in a different area, and have those customers walk over if they want to join the fun.
#4 They are heavier than you think
When not inflated, an inflatable water park is split into different pieces. These pieces can weight 100-200lbs for most, but up to 400-500lbs for the main attraction pieces. An example of the main attraction piece would be a large slide.
#5 They can be rolled up smaller than you think
The size of each piece deflated is actually quite small. When rolled up, the smaller 100lb pieces can fit into a wheel barrel. This makes them very easy to transport. Larger pieces, around 200lbs, can fit in the trunk of a large car or SUV. Even more surprisingly, three to four slides can actually fit into the back of a pickup truck.
#6 You will need to hire a good amount of staff
If you plan to have around 120 customers in one day, then you will actually need a staff of at least ten people. Many of these staff members will specifically be lifeguards. You will also need a first aid person on site, someone to sell tickets, and another to hand out life jackets. If you choose to sell food and drink you will need to hire even more staff to make sure your business is running smoothly.
What Will the Water Sports Industry Look Like in 10 Years?
It is impossible to know what the water sports industry will look like in ten years. It is likely that there will be more body launching inflatable toys, and an inflatable patio dock will be much more common. Rather than sit around and wait to see, be the pioneer who purchases an inflatable coffin pool float to add on your business.
Inflatable businesses are extremely popular, but the industry has not boomed...yet. Are you going to wait to join the water sports industry until after it booms or wait? Now is the time to become a part of this incredible industry before it happens. Email us today to get started on your custom inflatable water park order.
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