Boutique business plan financial model excel template
Boutique business plan financial model excel template

Looking for a fertile niche for business development? Then we advise you to pay attention to boutique hotels. Every day their popularity is growing. Today, more and more VIP guests prefer luxurious, comfortable, and great boutique hotel apartments instead of similar to each other rooms of large chain hotels.

A boutique hotel is a small inn of several rooms with an exclusive design. Each of its numbers is unique. Such places provide all the conditions for a great vacation. Each guest can count on confidentiality and individualized first-class service. Therefore business people, movie stars, sportsmen, and businessmen often stay in such hotels. But, like any startup, it will be challenging to open such an enterprise without a business plan for a boutique hotel. It will tell you about the probable expenses and incomes. The boutique hotel business plan template developed by our experts will show you how much the necessary resources will cost and where to find reliable suppliers. You will also know what total revenues can be and how they should be distributed among all participants in a business project.

Our sample business plan for a boutique hotel is available in .pdf and other well-known formats, it is clear and easy to edit. We will also provide you with a five-year forecast on costs and profits, tell you what it takes to launch a startup and point out the likely risks and pitfalls.

Today, the alignment of forces in the hotel business is as follows: large hotels serve 60 % of guests, 40% of the flow is the guaranteed share of small formats, which include boutique hotels. You can quickly become a part of such a business. For this, it is needed not only to make efforts and to attract capital, but it is also important to organize everything correctly at the very beginning, that is why a business plan for a boutique hotel is required.

Boutique Hotel Financial Plan Template Will Help You

  • Create Weekdays Revenue assumption plan
  • Adjust Room Occupancy Seasonality by months
  • Set up Room Pricing by years
  • Track and organize Extra Revenue Streams
  • Identify your Strength and Weaknesses
  • Create flexible, 5-year Expense Assumption Plan
  • Schedule your Startup Loan’s repayments
  • Calculate Boutique Hotel Startup Expenses
  • Choose one of 161 currencies for settlements
  • Calculate break-even point and return on investment

Benefits of using a Boutique Hotel Financial Plan Excel Template

Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time.

Graphical visualization in a convenient dashboard all in one
All necessary reports and calculations, including variable data for your easement, are displayed on a convenient dashboard. You do not need to move between sheets to compare important data — everything is visible immediately.

Room Mix
Count of room bookings vary over weekdays, right? That is why we have added Monday-Thursday, Friday-Saturday and Sunday groups. So you may have a different capacity within a week.

Pricing Plan
Wouldn’t it be great to have ADR (room rental revenue per day) for weekday groups? An assumption of how much you will charge on average per 1 day stay. Financial Plan Template includes a room rate assumption plan for the next five years. You will find service/job bring in the most revenue and be able to plan for the future periods.

You might wish to have 100% room occupancy year long, but it is unreal — use the seasonality tab to set up and adjust the occupancy seasonality by month and by weekdays. This way, you will define an appropriate workload for your hotel.

Extra Sales
Most likely, your hotel will have additional facilities in addition to core services. So, why don’t you use the bar/restaurant as well as event sales there in your forecast? Input monthly sales and assume for sales growth for the next five years.

Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time.

Update anytime
You can easily adjust inputs at the launch stage and throughout the further activities of your store to refine your forecast.

Boutique Hotel Financial Plan Template Reports

Simple and Incredibly Practical
Simple-to-use yet very sophisticated financial planning tool. Whatever size and stage of development your business is, with minimal planning experience and very basic knowledge of Excel you can get complete and reliable results. Additionally, you will receive uncompromised after-sales service and access to valuable tutorial videos and blog posts.

Profit and Loss Statement
It indicates how much an enterprise earns, its income and expenses and its ability to gain money.

Pre-built Integrated Financial Statement Structure
all of the core financial statements (Balance sheet, income statement, cash flow and statement of shareholder’s capital) are precisely defined and connected with the inputs

Convenient, All-In-One Dashboard
Includes all required forecasting reports, including assumptions, profit and loss accounts (income statements), cash flow projections & statements, balance sheets, performance reviews and summaries for months and years (incl. numerous graphs and KPIs).

Financial charts
For your Boutique Hotel business plan you will receive the main financial tables in the form of graphs for 2 years and 5 years — revenue breakdown, cash balance, operating cash flow, EBITDA, EBIT.

Top Expense Category Report
It is very important to plan costs so that your company is profitable. It is necessary to analyze what are the highest costs and always work on their optimization. This report summarizes 4 biggest expense categories and the rest of the expenses as the “other”.

You will receive all the data necessary for the investors. The weighted average cost of capital shows the minimum return on enterprise funds invested in its activities capital. Free cash flow is cash flow available to all investors, including shareholders and creditors. Discounted cash is the value of future cash flows in relation to the current time.

Industry benchmarks
Comparison of performance indicators in the model and in the industry.

Loan Amortization Schedule
You can find this in the “Capital” tab, where you can see internal calculations of the loans, interest, and equity.

Break-even point calculation
This indicator is calculated at the beginning of each startup for understanding whether it is appropriate for doing this kind of business. It shows what revenue should be to cover all the costs of doing business, including taxes. When it is reached, the company begins to bring in profits, which means that the investments made in the startup start to pay off.

Operational performance graphs
Here you may visually track your key performance indicators in the form of charts.

Works for startups
Creates a financial summary formatted for your pitch deck.



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