Boutique Hotel Business Plan

Boutique Hotel Business Plan-82
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.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.

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The motel has a partial basement and includes a laundry room with two washers and two dryers.

The manager's apartment (future piano bar and basement bar/meeting room area) offers a living room, kitchen, dining area, family room, half bath, and gift shop on the first floor with 3 bedrooms and 2 baths on the second floor.

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.

The Seven Elms Resort outlines how it will provide quality hospitality services, cost-effectively, in a popular northern U. We seek funds for the acquisition and renovation of Seven Elms Resort, an adult-marketed, 17-room "boutique style" hotel specializing in a couples' "getaway" to provide relaxation and recreation in Benzie County, a popular tourism spot located next to the state of Michigan's Lake Michigan. Renovation in the Prairie Style period, our hotel's design elements and furniture will reflect this "organic" approach and provide an overall comfortable experience.

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.These, and hundreds more sample business plans, are included in Live Plan.It's the fastest way to create a business plan for your business. 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).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.Considering that lenders are inundated by numerous investment opportunities from which they choose only a few, this business plan describes our story and how we intend to grow. management team has made an in-depth analysis of its opportunities and weaknesses and it has concluded that the company has an excellent chance to succeed.Sophisticated business planning helps management answer questions, such as: What will be our record of achievement? Are we setting realistic and attainable goals and objectives?Each room has individual climate control, direct-dial phones, and televisions.The facility has a large main lobby area, indoor pool/Jacuzzi/sauna, lighted tennis court, 2-car garage, storage shed, ample parking, and all equipment necessary for operation of the motel.

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