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7 room boutique hotel with garden brunch and small events. Change any number and everything recalculates. Starting figures are examples to replace with your own.
Rate is the normal price per night for that room. The month table raises or lowers it by season.
Prices are what guests pay, including VAT. Accommodation and food are 9% in Cyprus, alcohol 19%. Year 1 is set lower because a new hotel starts with no reviews.
Enter rent as you will actually pay it. If Mario charges VAT on top, include it here.
Rises start from year 2. Rent follows the lease, not these rises. Tax is taken from each year's profit; leave it at 0 until your accountant confirms the rate.
10 tables, about 2.5 people per table, turned about 1.4 times over four hours gives roughly 35 guests.
Cost % applies to catering only. The venue hire fee is almost all profit.
Gross monthly salary per person. Contributions cover social insurance, GESY and the other employer funds; check the exact rate with your accountant.
Per room night means for every night a room is occupied. % of sales is taken from sales after VAT.
Mario's email says furniture, fittings and equipment are included, but you will supply TVs, linen, utensils and amenities. Make sure the inventory says exactly that, and that these items stay yours when you leave.
Cumulative starts after paying the deposit and setup purchases. The deposit comes back at the end if there are no claims, so it is shown separately.