BS 700 Operation
Feasability study Guideline

Here are a summary of the questions to be answered before
to decide where to implement a submarine operation
and some data to be knowned in order to make a pertinent business plan.

  1. QUESTIONS
    1. Legal
      1. Maritime Law & Environmental Concerns
      2. Customs Fees, Taxes and legal Charges
      3. Ship survey organisation
      4. Staff survey organisation
      5. Site authorization ministry
      6. Harbour authority
    2. Operation site survey
      1. Quality of the water (purity, current)
      2. Quality of the show (fish, wreck, coral....)
      3. Quality of the weather (Wind, sea state, current...)
    3. Passengers
      1. Number of potential client and annual distribution
      2. Purchasing power; Capture Ratios
      3. Embarkation facilities
    4. Logistic considerations
      1. Daily Maintenance Facilities
      2. Heavy maintenance facilities (Haul out facilities)
      3. Storm Refuge plan
  2. DATA
    1. Data on the submarine Capacity
      1. 6 Passengers / 8 Hours per day / 250 Days per year
      2. 12 Tonnes / 2.5m draft,
      3. 50 meters deep, current max speed les than 2 Knots, Towing speed 5 Knots
      4. 20 Years life
    2. Data on the cost-effectiveness of the project
      1. Investissement
        1. Submarine
        2. Surface control boat
        3. Transfert Boat (if need)
        4. Training of the Staff
        5. Logistic cost
        6. Precommercialisation Cost
      2. Prices of the Ticket
        1. from 60 to 150 US$
        2. minus 5 to 20% commissions to tour operators , hôtels
        3. plus 5 to 20% extras sales (Merchandising)
      3. Direct Charges
        1. Staff salaries (1 pilote, 1 surface controler, 1 boat man
        2. Insurance (3 to 4% of the capital investment)
        3. Maintenance (3 to 4% of the capital investment)
        4. Consumables for the submarine and the boats
        5. Office, harbour place location
        6. Administratif cost
    3. Others Data
      1. Time of delivery of a submarine : 12 months
      2. Time of the training 1 Month