Seeking $1.5M in expansion capital during time of travel growth. One of only two Relais & Chateaux hotel and restaurants in Maine, the Blair Hill Inn is a 10-room Inn overlooking Maine’s largest glacier lake. Our destination resort spans 79 acres and offers guests a fine dining restaurant, full service spa, music venue, private hiking trail, scenic overlooks and a trout pond.
The renovation of an existing building with beautiful views of the lake is expected to accelerate revenue growth and nearly double the business in less than 2 years.
Blair Hill Inn Investment Proposal
What?
- I am seeking an investor to unlock the revenue growth potential of the Historic Carriage Barn with a complete renovation
- Requested investment: $1.5M
- Investment to accomplish the following:
- Add four new hotel suites - a 40% increase in hotel capacity
- Launch second casual restaurant and music venue
- Grow wedding capacity by more than 50%
The Proposal Details:
- $1.5M investment would equal a 15% equity stake in the 79-acre estate with 10-room Relais & Chateaux hotel, fine dining farm to table restaurant, full-service spa, hiking trail, organic greenhouse and garden, two additional outbuildings and enough land for significant expansion with private cabins or camp sites.
Business Performance:
- Year 1:
- Revenue growth: 13.4%
- Gross margin: 40.4%
- Year 2:
- YTD revenue growth: 30%
- YTD Gross margin: 37.7%
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