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Mashroo3k Feasibility Studies Entertainment Sector Yoga training center

Yoga training center

Request for study

The project involves establishing a yoga training center, aimed at offering a variety of yoga programs, which can be divided into two categories: the first includes individual classes, such as (women’s yoga, children’s yoga, yoga for pregnant women, yoga for seniors, and meditation), and the second includes packages, such as (5 classes for one month, 10 classes for two months, 20 classes for three months, and 5 children’s classes for one month).

Capital

Rate of return

Recovery period The second year

Project description

Project description

The feasibility study conducted by Mashroo3k Economic and Management Consulting indicates that the target market is in dire need of the services provided by the yoga center, which include individual classes such as (women’s yoga, children’s yoga, prenatal yoga, senior yoga, and meditation). The center also offers subscription packages as follows: (5 classes for one month, 10 classes for two months, 20 classes for three months, and 5 classes for children for one month).<br>The demand for yoga education is steadily increasing due to its numerous health benefits. The center aims to offer its services at the highest quality standards while maintaining competitive prices accessible to all segments of the market. This will be achieved by relying on professional administrative and technical staff in the yoga field, aiming to ensure customer satisfaction through high-quality services that comply with international standards for the targeted sectors, which include (children, pregnant women, and senior citizens). The center aims to capture as much of the market gap as possible and benefit from the growing size of the targeted market.

Project services

Project services

  • Women’s yoga.
  • Children’s yoga
  • Prenatal yoga.
  • Yoga for seniors.
  • Meditation.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project features
  • Study contents
  • Sector Indicators
  • The project as an investment opportunity
مؤشرات القطاع

  • The prime location of the center and its spacious area.

  • A focus on the quality of services provided.

  • Enjoying an atmosphere of psychological comfort and tranquility.

  • Well-organized and elegant service for trainees.

  • Use of the highest global training standards.

  • Presence of a professional and distinguished training team.

  • Availability of specialized administrative expertise.

  • Good interaction with trainees and understanding their needs.

  • Careful attention to operational supplies and their maintenance.

  • Use of advanced technology in training and operations.

  • Strict cleanliness standards within the center.

  • Building a strong relationship with trainees, making it their first choice.

Executive summary

  • About the project
  • Financial indicators
  • Justifications for establishing the project
  • Government investment incentives in the project field
  • Target markets
  • Indicators and final results of the project

Study project services/products

  • Project Description and All Its Products/Services.
  • Project Advantages and Production Requirements.

Market Size Analysis

  • Understanding Distribution Channels.
  • Consumer Behavior, Preferences, and Habits.
  • Competitors’ Products or Services, and Their Strengths and Weaknesses.
  • Market Nature and Characteristics.
  • Demand Size for the Product or Service Offered.
  • Available Market Share of the Target Market.
  • The Optimal Marketing Method.

Risk Assessment

 

  • Risk Identification.
  • Impact of Risks on the Project.
  • Risk Mitigation Methods

Technical study

  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.

Financial study

  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities
  • The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.

Organizational and administrative study

  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية

In light of Mashroo3k  Consulting Company’s belief in the role of the entertainment sector in building non-oil economies, we present below the key indicators for the sector in the GCC countries:

According to the latest statistics, the number of museums in the GCC countries stands at 306 museums, with a total of 6,032,840 visitors.

The number of hotel establishments in the GCC is 11,119.

In the Kingdom of Saudi Arabia:

  • The number of entertainment events reached 690, totaling 9,784 days. The number of attendees at these events was 34,699,458 individuals.

  • There are 33 museums of archaeology, history, and heritage.

  • The number of private museums is 195.

  • There are 8,499 archaeological sites, with 178,020 annual visitor permits issued.

  • The entertainment sector is expected to contribute 4.2% to Saudi Arabia’s GDP in the coming years.

In the United Arab Emirates:

  • The latest statistics show that the UAE has 41 museums, with 2,322,807 visitors.

  • There are 260 public parks.

In the Sultanate of Oman:

  • The country has 12 museums, with over 408,000 visitors.

  • Oman also has 51 forts and castles, which attract 427,000 visitors.

In Qatar:

  • Qatar has 291 sports facilities, with the majority being football fields (90 stadiums) and covered halls (37 halls).

  • The country has 99 cinemas, with a total seating capacity of 14,108. The number of films shown at these cinemas, according to the latest statistics, is 3,549.

  • The total annual visitors to museums and exhibitions in Qatar is 1,038,470.

In Kuwait:

  • The number of visitors to the Kuwaiti Tourist Projects Company, which offers many recreational services, reached 1,308,514.

  • The number of museum visitors in Kuwait is 108,987.

  • There are 814 libraries in Kuwait, with over 2,087,513 books cataloged.

The governments of the GCC countries are striving to improve the quality of life and provide a high level of well-being for their citizens by investing in the entertainment sector. In recent years, we have seen how these governments have adopted initiatives aimed at increasing the number of parks, live entertainment shows, and encouraging visual and auditory arts.

The entertainment and hospitality construction market in the GCC is expected to reach USD 642.3 billion by 2023, compared to USD 466.9 billion in 2019. According to the United Nations World Tourism Organization, the GCC countries are poised to welcome 195 million visitors by 2030.

Global Entertainment Sector:

 

In 2021, the global entertainment and media market was valued at USD 2.34 trillion, and it is expected to grow at a compound annual growth rate (CAGR) of 4.6%, reaching USD 2.93 trillion by 2026.

مؤشرات المشروع

Mashroo3k  Consulting Company recommends investing in the entertainment sector due to the following reasons:

  • In 2021, global video game revenues totaled USD 214.2 billion, and these revenues are expected to rise to USD 321.1 billion.

  • Global cinema revenues are projected to grow at an average of 20.4% between 2021 and 2026.

  • According to Citibank forecasts, the metaverse investment opportunities are expected to reach USD 13 trillion by 2030.

  • Global spending on Virtual Reality (VR) increased by 36.5% in 2021, reaching USD 2.6 billion. This spending is expected to grow at a compound annual growth rate (CAGR) of 24.1% between 2021 and 2026, reaching USD 7.6 billion.

  • The average annual growth rate for console game revenues is projected to be 2.2% between 2021 and 2026.

  • The average annual growth rate for computer game revenues is expected to be 4.6% between 2021 and 2026.

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