Page 101 - Valor Hospitality Partners - Casa Anfa Project
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CASA ANFA - 4 STAR 177 KEYS (SLIDE 2 OF 2)
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
DEPARTMENTAL PROFIT:
ROOM $3,933,503 82.0% $110.70 $4,766,809 82.0% $119.01 $5,197,507 82.0% $123.77 $5,627,579 82.0% $128.10 $5,983,365 82.0% $131.95
FOOD & BEVERAGE $859,594 40.0% $24.19 $1,044,532 41.0% $26.08 $1,124,275 41.0% $26.77 $1,203,972 41.0% $27.41 $1,274,519 41.0% $28.11
OTHER INCOME $115,482 50.0% $3.25 $130,179 50.0% $3.25 $134,084 50.0% $3.19 $138,107 50.0% $3.14 $142,250 50.0% $3.14
RENTS & OTHER (Parking) $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00
TOTAL DEPARTMENTAL PROFIT $4,908,579 67.2% $138.14 $5,941,520 67.8% $148.33 $6,455,866 68.0% $153.74 $6,969,658 68.2% $158.65 $7,400,134 68.2% $163.19
UNDISTRIBUTED OPER. EXPENSES:
ADMINISTRATIVE & GENERAL $401,570 5.5% $11.30 $420,546 4.8% $10.50 $431,060 4.5% $10.27 $441,837 4.3% $10.06 $452,883 4.2% $9.99
CREDIT CARD FEES $146,025 2.0% $4.11 $175,227 2.0% $4.37 $189,863 2.0% $4.52 $204,487 2.0% $4.65 $216,861 2.0% $4.78
INFORMATION TECHNOLOGY $51,109 0.7% $1.44 $52,568 0.6% $1.31 $53,882 0.6% $1.28 $55,229 0.5% $1.26 $56,610 0.5% $1.25
FRANCHISE FEES (% of GRR) $143,909 3.0% $4.05 $203,461 3.5% $5.08 $253,537 4.0% $6.04 $274,516 4.0% $6.25 $291,871 4.0% $6.44
BRAND FEES - ALL OTHER $191,878 4.0% $5.40 $232,527 4.0% $5.81 $253,537 4.0% $6.04 $274,516 4.0% $6.25 $291,871 4.0% $6.44
SALES & MARKETING $547,595 7.5% $15.41 $569,489 6.5% $14.22 $598,067 6.3% $14.24 $623,686 6.1% $14.20 $650,584 6.0% $14.35
UTILITIES $328,557 4.5% $9.25 $350,455 4.0% $8.75 $379,725 4.0% $9.04 $408,975 4.0% $9.31 $433,722 4.0% $9.56
REPAIRS & MAINTENANCE $233,641 3.2% $6.58 $236,557 2.7% $5.91 $246,821 2.6% $5.88 $255,609 2.5% $5.82 $271,077 2.5% $5.98
TOTAL UNDIST. OPER. EXPENSES $2,044,284 28.0% $57.53 $2,240,830 25.6% $55.94 $2,406,492 25.3% $57.31 $2,538,855 24.8% $57.79 $2,665,479 24.6% $58.78
GROSS OPERATING PROFIT $2,864,295 39.2% $80.61 $3,700,690 42.2% $92.39 $4,049,374 42.7% $96.43 $4,430,803 43.3% $100.86 $4,734,655 43.7% $104.41
FIXED EXPENSES:
REAL ESTATE / PROPERTY TAXES $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00
INSURANCE $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00
MANAGEMENT FEES $219,038 3.00% $6.16 $262,841 3.00% $6.56 $284,794 3.00% $6.78 $306,731 3.00% $6.98 $325,292 3.00% $7.17
FIXED OTHER $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00 $0 0.0% $0.00
TOTAL FIXED EXPENSES $219,038 3.0% $6.16 $262,841 3.0% $6.56 $284,794 3.0% $6.78 $306,731 3.0% $6.98 $325,292 3.0% $7.17
EBITDA $2,645,257 36.2% $74.45 $3,437,849 39.2% $85.83 $3,764,580 39.7% $89.65 $4,124,072 40.3% $93.88 $4,409,363 40.7% $97.24
INCENTIVE MANAGEMENT FEE $0 TBD $0.00 $0 TBD $0.00 $0 TBD $0.00 $0 TBD $0.00 $0 TBD $0.00
REPLACEMENT RESERVES $146,025 2.0% $4.11 $262,841 3.0% $6.56 $379,725 4.0% $9.04 $408,975 4.0% $9.31 $433,722 4.0% $9.56
NET OPERATING INCOME $2,499,232 34.2% $70.34 $3,175,008 36.2% $79.27 $3,384,855 35.7% $80.61 $3,715,097 36.3% $84.57 $3,975,641 36.7% $87.67
