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Mashroo3k Feasibility studies  Service and commercial sector Multipurpose Hall Project

Multipurpose hall project

Study request

The multipurpose hall project is a promising investment that meets the needs of clients looking for an ideal venue to host various events and occasions. Designed as a comprehensive destination, the hall accommodates all types of gatherings, including weddings, engagements, birthday parties, graduations, as well as conferences and corporate seminars. Strategically located for easy accessibility, the venue is a preferred choice for clients from different areas. It is equipped with state-of-the-art technology, featuring advanced sound systems that deliver an exceptional audio experience and flexible lighting systems that can be customized to suit the nature of each event. With its spacious layout, the hall can accommodate large guest numbers while ensuring maximum comfort, making it suitable for both grand celebrations and exclusive meetings. Additionally, the project offers professional photography services to capture special moments, along with fully equipped facilities, including a cafeteria that serves a variety of meals and beverages. Its competitive pricing enhances its appeal, allowing it to attract a broad customer base and achieve long-term investment success.

Capital

Rate of Return

Payback Period Second Year

Project Description

Project Description

The multipurpose hall project is a distinguished venture that caters to various client needs, providing a fully equipped venue for both private and public events. The project features a spacious main hall capable of accommodating large gatherings, along with smaller halls designed for more intimate events, making it an ideal choice for weddings, engagements, birthday parties, conferences, seminars, graduations, and more.<br>The venue includes a cafeteria offering a selection of light meals and beverages, adding an extra level of convenience for attendees. Additionally, the halls are equipped with large display screens, advanced sound systems, and customizable lighting to create the perfect ambiance for any occasion.<br>The success of this project relies on its prime location, modern design, and high-quality services. It not only meets customer expectations but also delivers a seamless experience that ensures their satisfaction. This, in turn, enhances its appeal to target audiences and increases its potential for generating substantial returns

Project services

Project services

  • Great Hall.
  • Small halls.
  • Cafeteria to offer fast food and drinks.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 10 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 is an Investment Opportunity
مؤشرات القطاع
  • Strategic and vital location.
  • Providing photography service.
  • Attractive designs.
  • Advanced sound systems
  • Advanced controllable lighting
  • Spacious spaces that make guests feel comfortable.
  • Competitive service prices.

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 of project services/products

  • Description of the project and all its products/services.
  • Project features and production requirements.

Market Size Analysis.

  • Familiarity with distribution channels.
  • Consumer behavior, desires and nature.
  • Competitors’ products/services, and what their strengths and weaknesses are.
  • The nature and characteristics of the market.
  • The volume of demand for the product or service offered.
  • Available share of the target market.
  • The best way to market.
Technical Study
  • Detailed description of the project’s products.
  • Expected production capacity.
  • Identification of investment costs.
  • Determination of electricity and water requirements.
  • Identification of the project’s labor needs.
  • Identification of the project’s supplies.
  • Calculation of construction and building costs.
  • Calculation of total capital.
  • Determination of annual operating costs.
  • Determining the working capital.

Financial Study

  • Total investment costs required for the project.
  • Organization of cash flow statements, income statements, and balance sheets for the first ten years of operation.
  • Estimation of expected annual revenues in light of defined operational capacities.
  • Optimal financing structure for the project based on investors’ capabilities and funding conditions.
  • Financial indicators for the project and sensitivity analysis.

Organizational and Administrative Study

  • Workforce for the project.
  • Organizational structure.
  • Job responsibilities.

Risk Study

  • Identification of risks.
  • Impact of risks on the project.
  • Risk prevention methods.
 
المشروع كفرصة استثمارية
  • The service sector represents an important part of the economy, in fact, the service sector represents the largest part of the global economy. The service sector is considered an industry and a science, as it is concerned with producing services instead of tangible goods such as: cars, airplanes, machines and equipment. The service sector is concerned with providing services to people, from banking services, communications, wholesale and retail trade, engineering services, medicine, tourism and non-profit economic activities: such as customer services, and government services that include development, defending the country and maintaining internal and external security.
  • The commercial sector includes the e-commerce sector and the wholesale and retail sector. The commercial sector in the Kingdom has witnessed many developments during the years of the Ninth Development Plan. The number of commercial records issued by the end of the fourth year 2013 of the Ninth Development Plan increased to exceed 1.37 million records, while the number of companies reached more than 86 thousand companies, and the number of licenses for installment sales, debt collection and follow-up services reached 115 thousand licenses. The annual report issued by the Ministry of Commerce for the year 1435 AH, which was recently issued, revealed that the commercial sector contributed to the gross domestic product.
  • The relative contribution of commercial activities to the GDP grew in the wholesale and retail trade sector, restaurants and hotels to the GDP to 8.8% and construction to 4.4%.
مؤشرات المشروع
  • The number of internet users in the Kingdom increased from 19.6 million to 24 million between 2014 and 2016, according to the Communications and Information Technology Commission report for 2016. E-commerce is witnessing significant growth as a result of the availability of appropriate payment methods, improved shipping methods, and the change in the culture of society in recent years for this trade due to the availability of social media and the spread of smartphones, which have become one of the effective channels for completing many purchasing operations.
  • Data from the Saudi Payments Network showed that the year 2015 witnessed the recording of more than 1.1 billion financial transactions with a total value exceeding 626.3 billion riyals, with an average monthly transactions exceeding 52 billion riyals, through more than 17 thousand ATMs and more than 225 thousand point-of-sale devices spread across the Kingdom, adding that last year recorded a steady growth in the number of point-of-sale devices at payment outlets by 62% compared to the previous year.
  • The number of Internet users around the world reached 3.2 billion users, and the number of Internet users in the Arab world is 157 million Internet users, and the number of Facebook users in Saudi Arabia is 11 million, of whom 3.2 million are expatriates, and the number of Twitter users in Saudi Arabia is 9 million users, and the number of Instagram users is 8.8 million users, as 60% of Internet users in Saudi Arabia buy online, and 40% of online shopping is focused on tours and accessories, and the percentage of shoppers reached 71% young people, and 29% women in the Kingdom

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