Motel Feasibility Study

Prospectus.com’s research and writing team is recognized as a world leader in

feasibility study preparation. Consisting of lifelong entrepreneurs, lawyers, consultants
and business plan writers, our team is dedicated to the success of our clients’ goal. We
have assisted hundreds of companies in writing their feasibility studies and preparing
vital reports for a business’s initial launch. From real estate to hi tech to economic
development to refineries of all kinds, there is not an aspect of the feasibility study
process that our staff is not intimately knowledgeable about.

A feasibility study is conducted prior to a project’s undertaking such as a motel.

Principals of companies and their investors want to ensure that any given project they
plan on developing is actually “feasible”, and preparing a study showing this feasibility is
the main point of writing such a report (which of course will help save needed capital
and time in the long run). A feasibility study includes such vital information and data as
the funding needs to complete the project, the market opportunity, government
regulations, risk factors, strength and weaknesses, the management team and the
financials of the company. While a feasibility study somewhat sounds like a business
plan, such reports tend to be many times longer with more details on the market and
financials.

Prospectus.com’s team is respected for its keen insights into any given market, and our
straight forward assessment regarding a projects viability. We work one-on-one with our
clients to ensure that each project is specifically tailored to the company’s needs.

Various Types of Feasibility Study Reports

Prospectus.com’s team can assist with any of the noted feasibility studies below. Each
separate study has its own features but there are more similarities among them than
there are differences.

4 Main Feasibility Studies

 Real Estate Feasibility for Motel – This is the most common feasibility study that we at
Prospectus.com write. Real estate feasibility reports include such features as the land survey,
building permits, zoning laws, impact on the surrounding environment and natural habits,
traffic issues and general impact on businesses in the area as well as the overall market
opportunity. Housing developments such as condos, single family homes and apartments, or
larger projects such as hotels or buildings or sky scrapers often create real estate feasibility
studies before land acquisition and development.
 Comprehensive Feasibility– A comprehensive feasibility study is an all-inclusive report
that takes into consideration some of the most rational business practices one should
implement before undertaking any project. The comprehensive feasibility includes data on
land acquisitions and real estate issues, economic and cultural impact on the greater
surrounding areas, and more. Such comprehensive studies can be found in our business plan
features (if a client wants a very long and detailed analysis). The comprehensive feasibility
study is also referenced in the real estate feasibility study (see above) and together with the
real estate report is the most popular feasibility study we offer.
 Financial Economic Feasibility– An economic feasibility study is conducted when a
company wants to know if the proposed amount of capital and financing is sufficient to
 complete a project successfully. While a business plan may have a section called the “CBA”
or cost-benefit-analysis, in an economic feasibility study it will be greater in detail and have
more statistics and numbers in the financials.
 Marketing Feasibility– The marketing feasibility studies the market impact and
penetration, such as the demographics, target market, product testing and more. Prior to
launching a project into the market, whether in a local, regional, national or global
environment, a viable study on the market is imperative.
 Additional Feasibility Studies
Our firm has also written and assisted with the following additional (not as popular)
feasibility reports, including:

 Technical Feasibility– If a company has the technological know how and resources to
achieve its goals.
 Schedule Feasibility-Is there enough time and resources to complete the project on time?
 Cultural Feasibility-Local and greater cultural and societal impact.
 Legal and Ethical Feasibility– Are there ethical and legal implications of a project and
if so what are they?
 Resource Feasibility-What resources are needed and is that enough to complete the
project successfully?
 Operational Feasibility– can your firm solve difficulties and maximize potential
opportunities during the development.
 Why Write a Financial or Market Feasibility Study?
Writing a professional feasibility study is good business practice, especially for
companies that are planning on raising many millions of dollars and want to have the
knowledge readily available to make an educated decision about a projects viability like
a motelproject. By creating such a feasibility study, for instance, for a real estate project,
you will be able to navigate potential pitfalls during development and save needed
capital in the process, as well as possibly discover new opportunities in the market.

What We Do
Our team at Prospectus.com has worldwide experience in writing feasibility studies.
Here is a partial list of our process. We have used a real estate project as an example.
Numerous features are missing but the general idea can be conveyed as follows:
Review
 Initial analysis of your project
 Recommendation on next course of action
 Undertake the project
Information assessment and collection
 Initial analysis of the proposed development area, including the initial demographics
 Conduct land or site review
 Proposed construction and development costs
Market analysis
 Demographic analysis of proposed area
 Neighborhood analysis
 Demographic comparison
 Municipal incentives
 National market overview
 Analysis of similar project or developments
 Regional market analysis
 Competitive market analysis
 Competitive advantages of project or location
 Disadvantages of project or location
 Projected overall market
 Pricing analysis
 Purchases or occupancy
 Interviews if needed
 Financial analysis
Management summary
 Principals
 Advisors
 Third party team, i.e. law firm, accountant etc.
Financial Statements and Projections
 Pro forma
 Balance sheet
 Income statement
 Profit and loss
Recommendations
Appendixes and Addendum
Once complete we will then send the draft version of the feasibility study for review and
comments.