Staybridge Suites Hotel Feasibility Study — Santa Fe, New Mexico

August 2023, the team at Wert-Berater, Inc. completed a hotel feasibility study for Planned New Construction Staybridge Suites Hotel 100-key, 81,822 SF franchised interior corridor extended stay hotel at 4075-4085 Cerrillos Road, Santa Fe, New Mexico postal code 87507.

• Hotel Feasibility Study The purpose of this hotel feasibility study for financing through the SBA (Small Business Administration) therefore this hotel feasibility study complied with SBA CFR-2011-Title13 §120.160SBA CFR-2011-Title13 §120.160. The Total Cost was $25,646,206 including an estimated $563,750 interest reserve. The F, F, & E allocation was $3,113,000. Financing detail was not provided for the development of this report. To estimate Debt Service Coverage Ratio potential and estimate of prevailing rates and loan to costs was applied as follows. The proposed financing is $21,000,000 (70.3% LTC). To comply with the SBA feasibility study requirements , this report included the following details: Executive Summary: An overview of the business concept, objectives, and key findings of the feasibility study. ​ Economic Feasibility: Analysis of the economic environment, including industry trends, economic indicators, and the potential impact on the business. ​ Market Feasibility: Detailed market analysis covering target demographics, market demand, competition, and potential market share. This section demonstrates the business's ability to capture and sustain a customer base. ​ Technical Feasibility: Evaluation of the technical requirements of the project, including necessary equipment, technology, and operational processes. It assesses whether the business has or can acquire the technical resources needed. ​ Management Feasibility: Assessment of the management team's qualifications, experience, and ability to execute the business plan effectively. This includes evaluating the adequacy and continuity of management. ​ Financial Feasibility: Comprehensive financial analysis, including: Pro Forma Financial Statements: Projected income statements, balance sheets, and cash flow statements over a specified period (often 10 years). ​ Discounted Cash Flow Analysis (DCF): Evaluation of the present value of future cash flows to assess the project's profitability. Financial Ratios and Sustainability Analysis: Examination of key financial ratios to determine the financial health and sustainability of the business. ​ Working Capital and Liquidity Analysis: Assessment of the business's ability to meet short-term obligations and maintain sufficient cash flow. ​​ Financial Feasibility Table of Contents: Pro forma (10 years)
• Discounted Cash Flow Analysis (DCF)
• Structure of the Assets and Liabilities
• Net Assets (Net Worth)
• Financial Sustainability Analysis
• Key ratios of the company's financial sustainability
• Working capital analysis
• Liquidity Analysis Financial Performance
• Overview of the Financial Results
• Profitability Ratios
• Analysis of the Business Activity (Turnover Ratios)
• Labor productivity
• Key Ratios Summary
• Rating of the Financial Position and Financial Performance
• Bankruptcy Test
• Calculation of the Final Rating of the Financial Condition

These components collectively provide a thorough evaluation of the proposed business venture, helping lenders determine its feasibility and the likelihood of success. A well-prepared feasibility study is crucial for securing SBA financing, as it demonstrates careful planning and a clear understanding of the business environment.

This page documents a single completed engagement. For the firm’s current lodging practice — competitive-set demand, ADR, occupancy and RevPAR analysis, franchise economics and debt-service coverage testing for SBA, USDA and conventional credits — see our hotel feasibility study consultant service page.

Publisher Details: RV & Boat Storage Feasibility Studies: SBA Feasibility Study Consultants: USDA Feasibility Study Consultants: Wert-Berater, Inc. at https://www.wert-berater.com

Unlock the potential of your business with Wert-Berater, Inc. the ultimate destination for comprehensive feasibility studies, empowering you to make informed decisions, maximize profitability, and shape a prosperous future. Join us in revolutionizing your business strategy today!

For more information on feasibility study and business plan contact us anytime.

Why Choose Wert-Berater, Inc.?

The SBA Compliant Feasibility Study is a document that loan underwriters depend on for that final decision to approve or reject your loan application.

With 4,000+ engagements completed since 1998, you can trust that your investment into a feasibility study with Wert-Berater, Inc. will comply with all SBA requirements.

The feasibility study done well is crucial in today's high demand for SBA loans.

Travis Miller

tmiller@wert-berater.com

+1 (267) 885-9333 Mobile

Donald Safranek, MSc

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.

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