BUSINESS PLAN 'Eco-Village' (including financial model)
- 80
- Английский
- 25.03.2014
- В электронном виде
-
Скачать (pdf)
- Описание
- Содержание
- Приложения
Adaptation of this business plan is possible for similar project around the world.
The financial model in separate Excel file is attached to this business plan.
Financial model is built up in such a way that changing of the performance indicators of the project can be observed at once.
To make re-calculations for a new project, it’s enough to change basic indicators of the project.
Description of Typical Business Plan of Eco-Village (with Financial Model)
Project purpose: construction of cottage eco-village with 185 households.
Project concept assumes the positioning in segment of business class – eco-homestead.
Project competitive advantages: closeness to nature, silence, a wide range of areas of land lots and house projects, guarantees highly-qualified construction, a wide infrastructure.
Project Infrastructure: complete package of systems, which provides a full housekeeping and intra-village living, – from electricity, water and gas supplies to the application of innovative and energy-saving technologies, the whole transport infrastructure, recreation areas (pond, walking areas, children's playgrounds and playground for active rest). It is planned to introduce a wide range of social infrastructure – the restaurants, beauty salon, supermarket, etc.
Layout of land lots by objects:
|
Area |
Amount of land lots |
|
6-10 acres |
*** |
|
10-15 acres |
*** |
|
15-20 acres |
*** |
|
over 20 acres |
*** |
Project basic assumption and standards
|
Indicator |
Value |
|
VAT rate |
*** |
|
Profit tax rate |
*** |
|
Discount rate: |
*** |
|
annual |
*** |
|
monthly |
*** |
|
Annual increasing of construction cost |
*** |
Cost of construction of project buildings
|
Indicator |
Amount, thsd. RUB |
Contractor Company |
|
Residential buildings |
*** |
|
|
Weighted average initial cost, RUB/sq. m. |
*** |
*** |
|
Weighted average initial cost of house, RUB |
*** |
|
|
Non-residential buildings |
*** |
*** |
|
Administrative building |
*** |
*** |
|
Check-point |
*** |
*** |
|
Chapel |
*** |
*** |
|
TOTAL |
*** |
*** |
Sales and income schedule
|
Parameters |
Amount |
May 13 |
Jun. 13 |
Jul. 13 |
Aug. 13 |
Sept.13 |
Oct. 13 |
Nov.13 |
Dec.13 |
Jan.14 |
Feb.14 |
|
Amount of sold households |
** |
|
|
|
|
|
|
|
|
|
|
|
Average cost of house, RUB |
** |
|
|
|
|
|
|
|
|
|
|
|
Average cost of household for sale, RUB |
** |
|
|
|
|
|
|
|
|
|
|
|
Revenue, RUB |
** |
|
|
|
|
|
|
|
|
|
|
Basic financial indicators of the project
|
Indicator |
Unit |
Value |
|
Gross revenue |
RUB |
*** |
|
Gross costs, including land |
RUB |
*** |
|
Gross profit |
RUB |
*** |
|
Net profit |
RUB |
*** |
|
Net present value (NPV) |
RUB |
*** |
|
Profit tax |
RUB |
*** |
|
Internal rate of return (IRR), monthly |
% |
*** |
|
Internal rate of return (IRR), annual |
% |
*** |
|
Total investment |
RUB |
*** |
|
Project Implementation Period, years |
years |
*** |
|
Payback Period, months |
months |
29 |
|
Discounted Payback Period, months |
months |
34 |
Excerpts from Research
Nizhny Novgorod region is one of the most economically developed regions of the Russian Federation. Despite the fact that the region has no significant material resources, its economy develops steadily. The region share in formation of aggregate GRP of the Russian Federation regions is *** %.
In general the results of socio-economic development of the region in 2013 are positive.
According to the estimation, regional economic growth was *** % (while the forecast was *** %), unlike in Russia as a whole, where in 2013 the slowdown of economic growth was observed: according to the preliminary estimate, the Index of Physical Volume (IPV) of GDP amounted *** % after *** % in 2012. The tendency of advance of regional economic growth in comparison with Russian average level has been observed for last four year (since 2010).
First quality projects of cottage villages in region have appeared quite recently – in 2005. Before this the cottage segment has been represented by «spontaneous» villages with minimal infrastructure and inhomogeneous buildings, cottage groups and separate cottages near the rest homes, in villages and hamlets.
In 2007 suburban real estate market has intensified. About *** developers, including Moscow and foreign companies, have entered the market. In 2008 the amount of constructed suburban cottage villages has exceeded ***, moreover few projects were in development. The territories near *** began to be used actively in *** and *** directions.
Despite the crisis in 2008 with all characteristic consequences during the following years, there was observed the rapid growth of the market in direction of development of new lands – at this moment in the suburban real estate primary market of Nizhny Novgorod region *** cottage villages in various stages of development are represented; the total amount of households is ***.
The amount of cottage villages which offer for sale the «bare» land (land lots without a contract) and lots with house (contract for the construction and ready-made housing) are distributed almost equally, a larger part of offer are focused in *** (south directions) – more than 3/4 of villages amount and 4/5 of household amount. Besides, the share of leaders – *** directions – is only 2/3 of the total market. It is reasonable to forecast the growth of interest to left bank and its development rates not earlier than 2014 – after commissioning of the new bridge over the ***.
The average market price indicators:
- the total value (house, land lot) – *** RUB;
- the cost of house – *** RUB/sq. m;
- the cost of land – *** RUB/acre.
Executive Summary
List of Tables, Figures and Diagrams
1.0. Lot Description
1.1. Location
1.2. Lot Characteristic
1.3. Restrictions on Territory Development and Encumbrance of Project
2.0. Marketing Justification
2.1. Analysis of Region. Characteristic of Economic Situation (results of 2013, forecast for 2014)
2.2. Market Characteristic
2.2.1. Supply Characteristic
2.2.2. Demand Characteristic
3.0. Project Development Concept
3.1. Positioning
3.2. Target Audience
3.3. Village Infrastructure
3.4. Architectural Elaboration
3.5. Schedule of Project Implementation
4.0. Project Economy
4.1. Basic Assumptions and Standards for Financial and Economic Calculations
4.2. Project Costs
4.3. Project Revenue
4.5. Cash flow
4.6. Analysis of Project Economic Efficiency
5.0. Analysis of Project Risks
5.1. Sensibility Analysis
Tables
Table 1. Population of Towns and Urban Villages of Nizhny Novgorod Region as of 2013. 01.01
Table 2. Production of Major Kinds of Products in Physical Terms
Table 3. Scope of Work Executed by Kind of Economic Activity «Construction» in Nizhny Novgorod Region
Table 4. Ratio of Areas of House and Lot (Total Market)
Table 5. Price Indicators of South and North Directions
Table 6. Objects Planned for Construction in Village (Objects of Social and Household Infrastructure)
Table 7. Technical and Economic Indicators of Lot
Table 8. Layout of Lots by Area, acres
Table 9. Ratio of Projects, Area and Amount of Objects
Table 10. Characteristic of Projects Designed for Development
Table 11. Schedule of Project Implementation
Table 12. Basic Assumptions and Standards
Table 13. Costs Associated with Project Preparation
Table 14. Costs Associated with Pre-Project and Project Works Table
Table 15. Costs Associated with Obtaining of Technical Conditions and Design of Communications
Table 16. Costs of Communications Constructions
Table 17. Costs of Village Beautification
Table 18. Costs of Residential Buildings Constructions
Table 19. List of Operational Costs
Figures
Figure 1. Map of Object Location
Figure 2. Top View of Territory of Object (from Satellite)
Figure 3. Project General Plan
Diagrams
Diagram 1. Structure of District Economy (Cash Turnover by Large and Small Enterprises for Q1 2013)
Diagram 2. Structure of Shipped Products by Kind of Activity «Shipped Production» for January-March 2013.
Diagram 3. Characteristic of Supply by Directions of Region
Diagram 4. Total Amount of Households by Directions
Diagram 5. Supply by Kinds of Sale (Total Market)
Diagram 6. Distribution of Supply by Directions in Depending on Kind of Sale Diagram 7. Specific Weight of Cottage Villages by Kind of Sale
Diagram 8. Area of Land Lots by Directions, acres
Diagram 9. Area of Houses by Directions, sq. m
Diagram 10. Cost of Land Lots by Directions, thsd. RUB/acre
Diagram 11. Price Structure of Supply by Minimal Cost of Land Lots by Directions, thsd. RUB/acre
Diagram 12. Prices for Cottage by Directions, thsd. RUB/sq. m
Diagram 13. Price Structure of Supply by Minimal Cost of 1 sq. m of Cottage
Diagram 14. Cost of Ready-Made Household (House and Land), mln. RUB
Diagram 15. Price Structure of Supply by Minimal Cost of Ready-Made Households (House and Land)
Diagram 16. Ratio of Use of Construction Materials