Business Plan Templates
Motel Business Plan template



Sample text from Motel Business Plan:

1.0 Executive Summary

Introduction

[COMPANY NAME] is a historic 12-suite high quality motel owned and operated by [NAME] for more than 40 years. The motel has been recently re-acquired from an impending foreclosure and upon receipt of grant funding the Company will execute improvements and upgrades to provide superior, high quality lodging for our loyal outdoor enthusiasts.

Location

[COMPANY NAME] is location located at [Address] [CITY, STATE ZIP].

The Company

The Company offers superior quality lodging in the form of 12 individual suites with compact refrigerators, microwaves and coffee makers with six full kitchen suites. [COMPANY NAME] is a Limited Liability Company owned 50%, by [NAME], an unmarried woman and 50% by [NAME], daughter of [NAME]. [COMPANY NAME] has been in business for 66 years and is of historic significance to the community.

Our Services

[COMPANY NAME] will offer superior quality lodging to a growing market of outdoorsmen and women at competitive prices. [COMPANY NAME] also has a full 6-bedroom home, convertible into a three-bedroom home that is also available for rent to larger parties.

The Market

[COMPANY NAME] is located in [CITY], [STATE], also known as the "Moose Viewing Capital of [STATE]". The Company will target Big Game Hunters and Fishermen/women as well as outdoor sports enthusiasts through social networks as well as avenues frequented by those purchasing licenses from the Department of Wildlife.

Financial Considerations

The current financial plan for [COMPANY NAME] is to obtain grant funding in the amount of $600,000. The grant will be used to re-fashion the existing motel, execute required leasehold improvements, purchase office furniture, fixtures, equipment, and supplies, and provide funding for employee payroll and working capital.

The major focus for grant funding is as follows:

1. A company fully owned and operated by women

2. To purchase energy efficient equipment

3. To hire veterans, minorities, and the unemployed

1.1 Objectives

The objective of the [COMPANY NAME] is to maintain 100% occupancy and to provide travelers with a low cost superior quality establishment that provides comfortable lodging to all.

1.2 Mission

[COMPANY NAME] aspires to maintain a loyal customer base by providing outstanding lodging. The comfort and care of our guests is our primary concern. We aim to provide an environment and amenities that encourage and promote an excellent nights rest for weary travelers.

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