Looking for an investor to open a hostel in the Russian style

Project description

The main idea of the project: Opening of a network of hostels in 4 cities of the Asian part of Russia, in the Russian style (the use of the interior of the image of Russian folk art). This business plan shows a plan for the opening of the hostel in Krasnoyarsk. Further opening of hostels in other cities there will be a similar project with similar costs. The total estimated cost to start a hostel in 4 cities should not exceed 8 000 000. For more information of development of a network of hostels to speak directly to the author of the project.

Target market: Krasnoyarsk.

Target consumer group: People aged 16 to 40 years with average incomes and below average.

Number of rooms: Total number of rooms 5 total capacity of 26 people. The hostel will be equipped with 4 rooms for 6 persons and one room for 2 people.

The room rate per night:

— 6 bed mixed room for men and women 500 roubles per bed;

— in separate 6 bed rooms price per day 600 rubles per bed;

— the cost of one night's accommodation in a double room 1500.

The location of the hostel: the Hostel will be located in the Central Soviet area, it is desirable that the room was near the Mall, railway station or other places of a mass congestion of people. The hostel will be located in a nonresidential premises on the ground floor with a total area of 130 sq. m – 150 sq. m.

Primary competitive advantages: Unique style rooms, a coffee shop on site, the quality of organization and quality treatment of customers.

Project leader: Ishutin I.

The total cost of the project: 1 500 000 RUB., the full amount will be attracted from the investor (s) of the project. The investor must be prepared to ensure that may require additional funds in the amount of 200 000 for the creation of "insurance cushion" of the project, which can be used in the first half year of the project. In the case of the project on the expected rates of return in the first half year after the opening of the hostel, the reserve funds will be fully returned to the investor.

The projected scope of service: 4 months after opening is planned to reach the level of congestion at the hostel 62, 5 % = 16 daily visitors (average monthly index).

Duration of the preparatory period: 5 months.

Payback period: 2 years.