Introduction
There are 4 templates (tabs) to be completed
1. Historic P&L
2 P&L Projections
3 Balance Sheet
4 Cashflow Analysis
Historic P&L
Only populate the orange cells
Complete only the relevant cost/revenue items
This information will link to the P&L projections tab
P&L Projections
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The 3 year historic information will link from the historic p&l tab
Follow the direct line instructions for completion of each cost/revenue heading
Balance Sheet
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Complete only the relevant asset/liabilitiy items
Complete this for the 3 years that you have provided historic P&L data for
Also include the latest balance sheet
Cashflow Analysis
Only populate the orange cells
This is from the start of the projection period
The EBITDA will link from the P&L Projections tab
EACH TAB IS SET UP TO PRINT THE RELEVANT TEMPLATES TO INCLUDE IN THE BUSINESS PLAN
Name of Business/Property Hotel ABC
Number of Bedrooms 55
Year of Start of Historic data 2017
Hotel ABC 2017 2018 2019
Occupancy 78.0% 72.0% 73.0%
ADR €125.25 €136.36 €135.50
RevPAR €97.70 €98.18 €98.91
Revenues
Rooms €1,961,227 €1,970,947 €1,985,719
Food €400,000 €410,000 €420,000
Beverage €200,000 €210,000 €220,000
Spa and Leisure €150,000 €160,000 €170,000
Other Revenue €50,000 €55,000 €60,000
Total Revenue €2,761,227 €2,805,947 €2,855,719
Department Costs
Rooms - Payroll €411,858 €413,899 €417,001
Rooms - Other Costs €196,123 €197,095 €198,572
F&B - Payroll €180,000 €186,000 €192,000
F&B - Cost of Sales €186,000 €192,200 €198,400
F&B - Other Costs €30,000 €31,000 €32,000
Spa & Leisure - Payroll €28,500 €30,400 €32,300
Spa & Leisure - Cost of Sales €22,500 €24,000 €25,500
Spa & Leisure - Other Costs €37,500 €40,000 €42,500
Other Department Costs €15,000 €16,500 €18,000
Total Department Costs €1,107,480 €1,131,094 €1,156,273
Other Operating Costs
Other Staff/Payroll Costs €414,184 €420,892 €428,358
Admin and General €138,061 €140,297 €142,786
Sales and Marketing €82,837 €84,178 €85,672
Repairs and Maintenance €110,449 €112,238 €114,229
Utilities €138,061 €140,297 €142,786
Total Other Operating Costs €883,593 €897,903 €913,830
Gross Operating Profit €770,154 €776,951 €785,616
Fixed Costs
Rent €0 €0 €0
Insurance €35,000 €35,000 €35,000
Rates €40,000 €40,000 €40,000
Total Fixed Costs €75,000 €75,000 €75,000
EBITDA €695,154 €701,951 €710,616
EBTIDA % 25% 25% 25%
Key Performance Indicators 2017 2018 2019
Occupancy 78.0% 72.0% 73.0%
ADR €125.25 €136.36 €135.50
RevPAR €97.70 €98.18 €98.91
TRevPAR €137.55 €139.77 €142.25
Total Payroll Cost €1,034,542 €1,051,191 €1,069,659
Total Payroll % 37.5% 37.5% 37.5%
Food & Beverage Gross Margin 69.0% 69.0% 69.0%
Departmental Profit % 59.9% 59.7% 59.5%
GOP % 27.9% 27.7% 27.5%
EBITDA % 25.2% 25.0% 24.9%
Profit and Loss Statement HISTORIC PROJECTED
HOTEL ABC 2017 2018 2019 2021 2022 2023 2024 2025
Rooms Available 27,375 27,375 27,375 27,375 27,375
Rooms Sold 13,688 17,794 18,615 19,710 19,984
Projected Occupancy 78% 72% 73% 50% 65% 68% 72% 73%
Projected ADR €125.25 €136.36 €135.50 €120.00 €125.00 €130.00 €135.00 €136.00
RevPAR €97.70 €98.18 €98.91 €60.00 €81.25 €88.40 €97.20 €99.28
Revenues
Rooms €1,961,227 €1,970,947 €1,985,719 €1,642,500 €2,224,219 €2,419,950 €2,660,850 €2,717,790
Food €400,000 €410,000 €420,000 €428,500 €632,700 €728,000 €764,500 €801,000
Beverage €200,000 €210,000 €220,000 €122,125 €199,425 €236,450 €245,575 €254,700
Spa & Leisure €150,000 €160,000 €170,000 €157,500 €198,876 €219,002 €227,858 €236,944
Other Revenue €50,000 €55,000 €60,000 €32,850 €44,484 €72,599 €79,826 €81,534
Total Revenue €2,761,227 €2,805,947 €2,855,719 €2,383,475 €3,299,704 €3,676,001 €3,978,609 €4,091,968
Department Costs
Rooms - Payroll €411,858 €413,899 €417,001 €295,650 €511,570 €483,990 €532,170 €543,558
Rooms - Other Costs €196,123 €197,095 €198,572 €164,250 €222,422 €241,995 €266,085 €271,779
F&B - Payroll €180,000 €186,000 €192,000 €137,656 €249,638 €289,335 €303,023 €316,710
F&B - Cost of Sales €186,000 €192,200 €198,400 €176,200 €257,959 €298,980 €313,123 €327,267
F&B - Other Costs €30,000 €31,000 €32,000 €55,063 €83,213 €96,445 €101,008 €105,570
Spa & Leisure - Payroll €28,500 €30,400 €32,300 €31,500 €49,719 €54,751 €56,965 €59,236
Spa & Leisure - Cost of Sales €22,500 €24,000 €25,500 €39,375 €49,719 €54,751 €56,965 €59,236
Spa & Leisure - Other Costs €37,500 €40,000 €42,500 €12,600 €13,921 €13,140 €13,671 €14,217
Other Costs €15,000 €16,500 €18,000 €9,855 €11,121 €18,150 €19,956 €20,383
Total Department Costs €1,107,480 €1,131,094 €1,156,273 €922,149 €1,449,281 €1,551,535 €1,662,965 €1,717,956
Other Operating Costs
Other Staff/Payroll Costs €414,184 €420,892 €428,358 €190,678 €428,962 €514,640 €557,005 €572,875
Admin and General €138,061 €140,297 €142,786 €119,174 €181,484 €183,800 €198,930 €204,598
Sales and Marketing €82,837 €84,178 €85,672 €71,504 €98,991 €110,280 €119,358 €122,759
Repairs and Maintenance €110,449 €112,238 €114,229 €71,504 €98,991 €110,280 €119,358 €122,759
Utilities €138,061 €140,297 €142,786 €119,174 €164,985 €183,800 €198,930 €204,598
Total Other Operating Costs €883,593 €897,903 €913,830 €572,034 €973,413 €1,102,800 €1,193,583 €1,227,590
Gross Operating Profit €770,154 €776,951 €785,616 €889,292 €877,010 €1,021,665 €1,122,061 €1,146,421
Fixed Costs
Rent €0 €0 €0 €0 €0 €0 €0 €0
Insurance €35,000 €35,000 €35,000 €35,752 €49,496 €55,140 €59,679 €61,380
Rates €40,000 €40,000 €40,000 €60,000 €60,000 €60,000 €61,875 €61,875
Total Fixed Costs €75,000 €75,000 €75,000 €95,752 €109,496 €115,140 €121,554 €123,255
EBITDA €695,154 €701,951 €710,616 €793,540 €767,514 €906,525 €1,000,507 €1,023,167
EBTIDA % 25.2% 25.0% 24.9% 33.3% 23.3% 24.7% 25.1% 25.0%
Key Performance Indicators 2017 2018 2019 2021 2022 2023 2024 2025
Occupancy 78.0% 72.0% 73.0% 50.0% 65.0% 68.0% 72.0% 73.0%
ADR €125.25 €136.36 €135.50 €120.00 €125.00 €130.00 €135.00 €136.00
RevPAR €97.70 €98.18 €98.91 €60.00 €81.25 €88.40 €97.20 €99.28
TRevPAR €137.55 €139.77 €142.25 €87.07 €120.54 €134.28 €145.34 €149.48
Total Payroll Cost €1,034,542 €1,051,191 €1,069,659 €655,484 €1,239,888 €1,342,716 €1,449,162 €1,492,379
Total Payroll % 37.5% 37.5% 37.5% 27.5% 37.6% 36.5% 36.4% 36.5%
Food & Beverage Gross Margin 69.0% 69.0% 69.0% 68.0% 69.0% 69.0% 69.0% 69.0%
Departmental Profit % 59.9% 59.7% 59.5% 61.3% 56.1% 57.8% 58.2% 58.0%
GOP % 27.9% 27.7% 27.5% 37.3% 26.6% 27.8% 28.2% 28.0%
EBITDA % 25.2% 25.0% 24.9% 33.3% 23.3% 24.7% 25.1% 25.0%
Name of Business/Property HOTEL ABC
Year of start of Historic Data 2017
Current BS Date Jun-21
BALANCE SHEET HISTORIC CURRENT
HOTEL ABC 2017 2018 2019 Jun-21
Non-Current Assets
Land & Buildings €2,500k €2,600k €2,600k €3,500k
Fixtures and Fittings €500k €500k €700k €700k
€3,000k €3,100k €3,300k €4,200k
Current Assets
Cash €56k €160k €220k €10k
Stock €60k €60k €60k €40k
Debtors & Prepayments €100k €80k €60k €10k
€216k €300k €340k €60k
Total Assets €3,216k €3,400k €3,640k €4,260k
Current Liabilities
Bank overdraft €10k €15k €8k €25k
Trade & other creditors €45k €50k €40k €90k
Tax liabilities €15k €16k €16k €80k
Bank Loans (< 1 Year) €100k
€70k €81k €64k €295k
Long Term Liabilities
Bank Loans (> 1 Year) €500k €480k €460k €1,000k
Shareholder Loan €200k
€500k €480k €460k €1,200k
Total Liabilities €570k €561k €524k €1,495k
Net Assets €2,646k €2,839k €3,116k €2,765k
CASHFLOW REPORT
HOTEL ABC 2021 2022 2023 2024 2025
Cash Inflows
EBITDA €793,540 €767,514 €906,525 €1,000,507 €1,023,167
ADD Government Supports €25,000
ADD Grant Funding
ADD Other Inflows
Cash outflows
LESS Current Debt Repayments/Financing Costs €40,000 €150,000 €150,000 €150,000 €150,000
LESS Corporation Tax Payments €100,000 €100,000 €110,000 €120,000 €125,000
LESS Capex (excluding any capex related to the funding request) €100,000 €100,000 €100,000
LESS Other outflows €50,000 €100,000 €120,000 €120,000 €120,000
Free Cashflows Generated By the Business €628,540 €417,514 €426,525 €510,507 €528,167
Opening Balance (Complete first cell only) €15,000 €643,540 €1,061,055 €1,487,580 €1,998,086
Closing Balance €643,540 €1,061,055 €1,487,580 €1,998,086 €2,526,253
