Financial & budgeting
Financial modeling & budgeting
Benchmark builds the models and budgets an operator needs to finance a project and open it on plan.
The approach
The numbers have to hold up twice — once in front of the bank, and again on the floor. We’ve built the financing case for resort openings and the operating budgets that follow, so our models reconcile to how a property is actually staffed, supplied, and run. Whether you need a full three-statement model for lenders or a single pre-opening budget line, we produce work that underwriters trust and operators can execute.
What it answers
- Will this model survive an underwriter’s diligence?
- What will it actually cost to equip, supply, and staff the property before day one?
Financial models for financing
- Three-statement models — operating income statement, cash flow, and balance sheet
- One- to five-year projections and beyond
- Built for how lenders, underwriters, institutional investors, investment banks, and commercial banks actually underwrite
Pre-opening budgets
- Pre-opening (operating) budget
- Marketing budget
- Construction FF&E budget
- Owner’s FF&E budget — items purchased by the ownership / operator team
- OS&E budget — operating supplies & equipment
- Gaming equipment budget
- IT equipment budget
- Systems budget
Staff planning
Detailed staff plans and departmental labor modeling are covered under Staff Plan & Departmental Labor Analysis.