Hotel Business Plan Sample Free Download
Steve will maintain an active management involvement in every aspect of daily resort operations. Management is soliciting commercial finance partners who share its vision and desire to participate in this exciting business opportunity in the resort community of Benzie County, Michigan.The integration of these disciplines results in extensive and innovative services, set in a unique Prairie Style surrounding for our prospective guests.The preferred location is a 10-acre parcel with 8 acres of woods.Of the 18 rooms, 3 are executive suites, with Jacuzzi tubs, and one of them will be converted to an onsite manager's apartment.This facility consists of one building, built in two phases: a 22- and 15-year-old two- and one- story wood frame 18-unit motel and manager's/owner's apartment, which when combined, total approximately 14,787 square feet of living area.The 18-unit motel includes a lobby with a fireplace, reception area, storage area, laundry room, bathroom, meeting rooms, a balcony, 18 room units, a men's and women's bathroom, kitchen, a whirlpool/sauna room, an indoor swimming pool, and mechanical room.The separate onsite manager residence and meeting room complex will serve as a future lounge/grill space. The motel is located in the motel district of Benzie County and is situated on 9.43 beautifully landscaped, wooded acres.
This plan successfully raised capital for property acquisition, renovation, and company start-up related costs. Discussions and interviews were held with a variety of individuals involved with other similar businesses to develop the proforma data, review the market potential, and competitive situation.Steve consults with area businesses in development-related issues, including finance, and is a United States SBA counselor at the Small Business Development Center at the University of Michigan.Past SBA clients include service and manufacturing organizations. candidate at U-M and holds a Bachelor of Arts degree in Business Economics with a minor in chemistry from Notre Dame University. has additional key staff members and advisors to assist during the development, planning, and initial planning phases.Moderately priced between the high-line hotel properties and the older motel strips, Seven Elms Resort shall fill an affordability niche not presently available in Benzie County. Seven Elms Resort shall specialize in meeting an individual or couple's needs.Combined with an on-site lounge, grill, poolside beverage service, and morning continental breakfast bar, we are seeking investment funds to renovate the hotel building, build-out a piano bar/lounge area with dance floor, and construct an outdoor pool adjacent to the indoor pool. As growth warrants, the 10-acre site would allow for future expansion of the lodging portion of the resort (Phase II).With this refurbishment and other new amenities, Seven Elms Resort will form the basis of a highly profitable hotel venture. In today's highly competitive environment, formal business planning is an essential element in achieving business success.We are seeking funds to develop and expand the business in a phased approach, as highlighted within this document. Blackburn, has an extensive business background, including over 14 years of experience developing a variety of businesses. A well-written business plan is primarily a communication tool used to obtain financing. Desiring to return to his own business, he wishes to establish Seven Elms Resort, Inc. The foundation for the plan is a combination of primary and secondary research, upon which the marketing strategies are built.In certain instances, particularly with our early stage company, this business plan also serves as a strategic plan.Combined with an on-site lounge, a grilled food service, an indoor and outdoor pool bar, and a morning continental breakfast offering, we shall differentiate ourselves by becoming a "boutique style" resort versus simply another motel. hotel and lounge in 1998 as a Michigan Subchapter "S" Corporation.With the construction of an outdoor pool adjacent to the present indoor pool/whirlpool/sauna complex and our other refurbishment and new amenities, Seven Elms Resort will form the basis of a highly profitable venture set in a Prairie Style environment. Since 1985, Steve has had extensive experience in creating and managing organizations for environmental and economic development-oriented companies involved in nationwide projects.