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Item 25 - Agreement with Seaside Ice, LLC
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Item 25 - Agreement with Seaside Ice, LLC
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8/17/2023 1:37:41 PM
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8/17/2023 1:37:28 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
25
Date
9/7/2021
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<br />807 Sprucelake Drive, Harbor City, CA 90710 <br />Tel: 323-776-9423 <br />swilliams@ice-america.com <br />Ice-America.com <br /> <br />16 <br />Ice Rink Pro Forma Scenarios: <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Ice-America Proforma Worksheet <br />Proforma <br />ASSUMPTIONS: SCENARIO A ASSUMPTIONS: SCENARIO B <br />Days/Week 7 Days/Week 7 <br />Average Capacity/Day 400 Average Capacity/Perf 550 <br />Average Ticket Price $18 Average Ticket Price $18 <br /># Weeks 4 # Weeks 4 <br />Production/Capitalization $308,107 Production/Capitalization $308,107 <br />Weekly Operating Exps (other)TBD Weekly Operating Exps (other)TBD <br />Bobby income per cap $2.00 Bobby income per cap $2.00 <br />Sponsorship $25,000 Sponsorship $50,000 <br />ATTENDANCE Scenario A 11,200 Scenario B 15,400 <br />Total Average Weekly Attendance:2,800 3,850 <br />REVENUES <br />SKATING INCOME -4 weeks $201,600 4 weeks $277,200 <br />SKATING AID BOBBY INCOME -$22,400 $30,800 <br />SPONSORSHIP $25,000 $50,000 <br />TOTAL INCOME:$249,000 $358,000 <br />EXPENSES <br />OPERATING (Electricity)To be determined To be determined <br />PRODUCTION / CAPITALIZATION ($308,107)($308,107) <br />TOTAL EXPENSES:($308,107)($308,107) <br />PROFIT/LOSS:($59,107)$49,894 <br />*estimates are subject to change and not guaranteed
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