INVESTISSIMMO SAMPLE FEASIBILITY

Transcription

INVESTISSIMMO SAMPLE FEASIBILITY
XXXXX
Feasibility Study
www.investissimmoinc.com
XXXX
March XX, 2014
Mr. XXXXXX
XXXXXXXXXX L.L.C
XXXX, XXXXX
INVESTISSIMMO
SAMPLE
FEASIBILITY
STUDY
Reference: XXXX – XXXXXX Preliminary Feasibility Study
Dear Mr. XXXXX:
Investissimmo Inc. Consulting is pleased to submit this Preliminary Feasibility
Study to the Board of Directors of XXXX, XXXX.
This study contains our findings, conclusions, and recommendations with respect
to investing in the construction of XXXX. It includes the written text, as well as
financial projections tables, all in one single document. The market analysis that
was conducted by our team is based on data and information obtained from
several sources, including the XXXX Government, the World Bank, international
organizations, industry data, consulting firms reports, and discussions with the
XXXX directors and with XXXX. The financial analysis is based on estimates and
assumptions developed in accordance with our market study, and data provided
to us by XXX. It should be noted that some financial assumptions may not occur;
therefore, the actual results obtained during the period covered by our financial
analysis may vary from our estimates, and these variations may or may not be
favorable or material.
The Investissimmo Inc. team appreciates this opportunity to be of service to the
XXX Board of Directors and is available for any related inquiries.
Sincerely,
Georges Salameh
Georges Salameh
Investissimmo Inc.
Managing Director
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Feasibility Study
www.investissimmoinc.com
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ACKNOWLEDGMENT
Investissimmo Inc. wishes to acknowledge the professional support and
contribution of the following individuals in the production of this feasibility study:
XXXXX, XXXX L.L.C.
XXXXX, XXXX.
XXXXXXXX, Investissimmo Inc.
XXXXXXXXX, Investissimmo Inc.
XXXXXXXXXX, Investissimmo Inc.
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Feasibility Study
www.investissimmoinc.com
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TABLE OF CONTENTS
COVER PAGE ………………………………………………........……………...…....
COVER LETTER ………………………………………………………………............
ACKNOWLEDGEMENT……………………………………………………………........
TABLE OF CONTENTS …………………………………………………………..........
LIST OF TABLES ………………….......................................................…........…
LIST OF CHARTS ……………………...................................................….......…
I
II
III
IV
VI
VII
EXECUTIVE SUMMARY ………….......................................……………........……
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I. OVERVIEW OF XXXXXX ……………...……………..........................…........…
1
II. THE XXXXXX GOLF CLUB ………..……....................................…........……
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A. INTRODUCTION ………………………………..........................................…
B. THE GOLF CLUB – A BUSINESS DECISION ……………….....…………......…
C. THE TEN K EY STEPS FOR THE INTEGRATION OF A GOLF CLUB ……..........…
1ST K EY STEP: MARKET AND FINANCIAL FEASIBILITY .…….......................…
a. SITE AND LOCATION ANALYSIS .……................................................
b. MARKET ANALYSIS .…….................................................................
c. STRUCTURE OF DEMAND FOR THE XXXXXX GOLF SERVICES ............
d. STRATEGY ……………………………………………......……………...
e. XXXXXX GOLF COURSE CONCEPTUALIZATION ….........................…
f. FINANCIAL APPRAISAL .....................................................................
1. INCOME AND EXPENSE STRUCTURE ..........................................
2. THE COSTS OF THE GOLF COURSE ..........................................
ND
2 K EY STEP: THE MASTER PLANNING …………………….....………………
3RD K EY STEP: THE GOLF COURSE DESIGN ……………….....…………..…..
a. SITE ANALYSIS ………………………………………........…………….
b. PRELIMINARY DESIGN ……………………………........………………..
TH
4 K EY STEP: THE GOLF CLUBHOUSE ……………………………….....…….
5TH K EY STEP: THE GOLF CONSTRUCTION PROCESS …………....…………..
6TH K EY STEP: WATER MANAGEMENT AND IRRIGATION …………....………...
7TH K EY STEP: HUMAN RESOURCES AND RECRUITMENT …………....……….
8TH K EY STEP: GOLF COURSE EFFICIENT OPERATIONS MANAGEMENT …......
9TH K EY STEP: MARKETING AND PUBLIC RELATIONS STRATEGY…………......
10TH K EY STEP: SUSTAINABILITY POLICY …………………………….....…….
APPENDIX A – GOLF COURSE CONSTRUCTION ITEMS AND COSTS …….........…..
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Feasibility Study
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III. THE XXXXXX ICONIC TOWER ……………........………………………...……..
A. INTRODUCTION ………………………………………………….....………..….
B. THE XXXXXX TOWER TEAM OF EXPERTS ..……………………………....….
C. THE DESIGN OF THE TOWER .……………………………………..............….
D. FINANCIAL PROJECTIONS ..…………………………………………….......….
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APPENDIX B – XXXXXX TOWER BUILT-UP DATA ………......……….….............
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IV. OVERVIEW OF COUNTRYX …………………………………………....….…..
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A. THE COUNTRY X ECONOMY ……………………………………….…........….
B. THE XXXXXX COUNTRY OUTLOOK ..…………………………………...…....
C. THE REAL ESTATE SECTOR IN XXXXXX ..…………………...………......….
D. GENERAL TAX INFORMATION ..……………..…………………...……….....….
E. RELATIONSHIP WITH THE XXXXXXX GOVERNMENT ..……………....…....…
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V. THE XXXXXX BUSINESS AND CORPORATE STRUCTURE ……………...…...….
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A. OPERATING SEGMENTS ………………………………………….…..........…..
1. XXXXXX RESIDENTIAL …………………………………..........….
2. XXXXXX COMMERCIAL ……………………….………......…......
3. XXXXXX RECREATIONAL AND ENTERTAINMENT ……..........……
4. XXXXXX EDUCATION AND CULTURE………….…………............
B. CORPORATE INFORMATION ..………………………………………….............
1. STRONG AND EXPERIENCED MANAGEMENT TEAM ……...........….
2. EXECUTIVE OFFICERS AND BOARD OF DIRECTORS …..........…....
C. LEGAL AND FISCAL STRUCTURES ..………….…………...……….............….
D. XXXXXX ARCHITECTURAL AND PLANNING FIRM ..…………………….....….
VI. XXXXXX MARKET POSITIONING …………………………………………....….
A. THE TARGET MARKET …………………………………………..….…........….
B. MARKETING STRATEGY ..………………………………………………....…....
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VII. XXXXXX FINANCIAL PROJECTIONS …...…………………………………....…
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VIII. XXXXXX IMPLEMENTATION PROGRESS …………………………...…………
A. IMPLEMENTATION PROGRESS …………………………………..….…........….
B. ACQUIRED LAND LOTS ..………………………………………………….........
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APPENDIX C – LIST OF ACQUIRED LAND LOTS ………......……….…......……......
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IX. XXXXXX GENERAL RISK FACTORS ……....……………………………………
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LIST OF REFERENCES ………………………………………..…………....…………
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Feasibility Study
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LIST OF TABLES
TABLE I-1: SUMMARY OVERVIEW OF XXXXXX ………………………………..…...
TABLE I-2: XXXXXX GLOBAL PARCELS AND AREAS ALLOCATION …………….….
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4
TABLE II-1: CLIMATE DATA FOR XXXXXX ……………………………………........
TABLE II-2: THE GOLF COURSE INCOME AND EXPENSE STRUCTURE ……..……...
TABLE II-3: THE GOLF COURSE GLOBAL COSTS ……………………………..…...
TABLE II-4: TIMEFRAMES FOR THE GOLF COURSE CONSTRUCTION PROCESS …...
TABLE II-5: SUSTAINABILITY COMPARISONS ON GOLF COURSES ………………....
TABLE II-6: GOLF COURSE DETAILED CONSTRUCTION COSTS …...……....……….
TABLE II-7: GOLF COURSE CONSTRUCTION – ITEMS DESCRIPTION …...…….…....
TABLE II-8: GOLF COURSE CONSTRUCTION – GLOSSARY OF TERMS …...……......
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TABLE III-1:
TABLE III-2:
TABLE III-3:
TABLE III-4:
SUMMARY OF THE XXXXXX TOWER PROFITABILITY …...…….....….
SUMMARY OF THE XXXXXX TOWER BUILT-UP AREA …..…….....….
SUMMARY OF THE XXXXXX TOWER BUILT-UP COSTS …..…......….
SUMMARY OF THE XXXXXX TOWER SALES REVENUE …..….......….
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TABLE IV-1: XXXXXX – K EY MACROECONOMIC INDICATORS ………...…......….
TABLE IV-2: XXXXXX – BILATERAL INVESTMENT TREATIES ………...…........….
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TABLE VII-1: ASSUMPTIONS …………………………………..………...…........….
TABLE VII-2: RETURN ON INVESTMENT……………………..………......….......….
TABLE VII-3: CASH FLOW PROJECTIONS…………………..………...……...…......
TABLE VII-4: REVENUE PROJECTIONS………………………..………...…........….
TABLE VII-5: COST AND BORROWING PROJECTIONS ………..………...…........….
TABLE VII-6: PER SQUARE METER ESTIMATES……………..………...….........….
TABLE VII-7: SECTORS SUMMARY …………………………..………...…..........….
TABLE VII-8: SECTORS ALLOCATION………………………..………...…..........….
TABLE VII-9: ZONE A………………………………………..………...…..........….
TABLE VII-10: ZONE B………………………….…………..………...….....…........
TABLE VII-11: ZONE C………………………….…………..………...….....…........
TABLE VII-12: ZONE D………………………….…………..………...…...........…..
TABLE VII-13: ZONE E………………………….…………..………...….....…........
TABLE VII-14: ZONE F………………………….…………..………...…...........…..
TABLE VII-15: ZONE G………………………….…………..………...….....….......
TABLE VII-16: ZONE H………………………….…………..………...….....….......
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TABLE VIII-1: XXXXXX SET-UP PROGRESS …………………………...…...….....
TABLE VIII-2: ACQUIRED LAND LOTS ………...………………………….....……....
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Feasibility Study
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LIST OF CHARTS
CHART I-1: LAND AREA ALLOCATION AMONG THE XXXXXX SECTORS …….…….
CHART I-2: BUILT-UP AREA ALLOCATION AMONG THE XXXXXX SECTORS ……...
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4
CHART II-1: THE DEMAND STRUCTURE FOR GOLF AND RELATED SERVICES …..…
CHART II-2: STRATEGY COMPARISON PRE AND POST THE XXX CRISIS ………....
CHART II-3: THE DIFFERENT DEVELOPMENT PHASES OF THE GOLF CLUB .……....
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CHART V-1: XXXXXXXX CORPORATE STRUCTURE …………………………….....
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Feasibility Study
www.investissimmoinc.com
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EXECUTIVE SUMMARY
The Investissimmo Inc. team for the XXXXXX – XXXXXX Market Analysis and
Preliminary Feasibility Study evaluated the impact of the construction of XXXXXX
and concluded the following:
••••This section and was deleted to protect confidentiality••••
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