This holiday let business plan revenue projection template is the first step in starting a business plan, and provides a quick and easy method to estimate revenue generated by a holiday let operation for the next 5 years.
To use the holiday let business plan revenue projection template input the number of weeks the property is available during the year. This will set the maximum capacity in weeks and automatically calculate the capacity utilised based on the number of lettings. In addition an annual inflation rate to be applied to the weekly rentals is set.
Details relating to up to eight rental seasons can be entered together with an average rental per week for that season. In addition, a weekend rental rate can be set for weekend lets.
The holiday let template calculates the number of equivalent weeks each year the property is let for (treating weekends a two days), and works our the occupancy percentage, and average weekly rental income.
Additional sundry revenue types are allowed for to give a complete revenue projection for the five year period.
Holiday Let Business Plan Revenue Projection Download
The holiday let business revenue projection template is available for download in Excel format by following the link below.
The revenue forecast produced by this template can be used as the starting point for our Financial Projections Template, as part of a business plan for an holiday let startup.
Users use the free holiday let business plan template to generate sales projections at their own risk. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. This is an example of holiday let business plan sales forecasting software that you might use when considering how to start a holiday let business in the buy to let market or when considering mortgages for holiday lets.It is purely illustrative. This is not intended to reflect general standards or targets for any particular company or sector. If you do spot a mistake in the business plan holiday let revenue projection template, please let us know and we will try to fix it.
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University.