Want FREE Templates on Organization, Change, & Culture? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.

Starting a Cruise Ship Business: Financial Model   Excel template (XLSX)
$45.00

Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Starting a Cruise Ship Business: Financial Model (Excel template (XLSX)) Preview Image Log in to unlock full preview.
Arrow   Unlock all 17 preview images:   Login Register

Starting a Cruise Ship Business: Financial Model (Excel XLSX)

File Type: Excel template (XLSX)

$45.00
This financial model was crafted by a Financial Modeler and Accountant with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  


BUY WITH CONFIDENCE

Immediate digital download upon purchase.
Lifetime document updates included with purchase.
Fully editable & customizable XLSX document.
Trusted by over 10,000+ organizations.

BENEFITS OF DOCUMENT

  1. Revenue Modeling
  2. Pricing
  3. Cash Flow Analysis

DESCRIPTION

This product (Starting a Cruise Ship Business: Financial Model) is an Excel template (XLSX), which you can download immediately upon purchase.

This model was designed for the financial planning of a cruise ship or general boat touring business. It goes out for a period of up to 10 years and includes monthly and annual pro forma summaries, IRR, DCF Analysis, option for inside/outside investors, and bottom-up assumptions specific to this industry. There is also an option for a joint venture waterfall with IRR hurdles for the LP as these businesses can end up taking billions to get off the ground and require advanced financing strategies.

At a high level, anyone can use this to plan out the initial costs and expected cash flows returned over time.

The first primary assumption section lets the user enter any acquisition or ongoing development costs in six separate schedules, each with 22 slots. Each slot has a definition for financing options and the percentage of that cost financed. It is essentially a very detailed and robust startup cost / construction cost assumption. You can enter all the costs in a single month at the beginning or account for the costs happening over time. Each of these sections also has a definition for depreciable life and depreciation expenses will popular accordingly.

The next section is for ticket revenue, on this there is an input by month for the following:
•  # of Cruises/Mo.
•  Avg. Cruise Length (days)
•  Avg. Distance per Cruise (drive fuel costs)
•  Average Tickets Sold per Cruise (drive revenue)

There are up to 10 ticket pricing options with inputs for the percentage of purchased tickets expected for each option over time as well as the average ticket price per option.

A cruise or boat touring business also has ancillary income sources such as:
•  Alcohol
•  Casino / Gambling
•  Spa Treatments
•  Art and Jewelry Auctions
•  Shore Excursions

Each of the above ancillary income options has inputs for the percentage of passengers that partake in each, average spend per cruise on each, and the average cost of goods sold.

For ongoing operations, there is a detailed staffing schedule that can account for billion dollar level cruise ships or smaller ships. Simply define various staff types, salaries, start month, and adjusting in expenses over time. A separate section exists for corporate overheads and ongoing costs such as insurance, legal, accounting, and other general overheads.

Food costs are a major cost item as well. To account for this, there is a detailed schedule to list all the various food types, there costs per each excursion.

Final outputs include monthly and annual Income Statement, Balance Sheet, and Cash Flow Statement as well as a detailed monthly and annual pro forma and lots of visualizations.

Instructional video included in file.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Integrated Financial Model, Shipping Industry Excel: Starting a Cruise Ship Business: Financial Model Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping


$45.00
This financial model was crafted by a Financial Modeler and Accountant with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  

OVERVIEW

File Type: Excel xlsx (XLSX)
File Size: 1.4 MB


ABOUT THE AUTHOR

Author: Jason Varner | SmartHelping
Additional documents from author: 151

I graduated in 2011 with a Bachelors degree in Accounting. From there, I worked at a few small businesses doing financial reporting and some bookkeeping. After a few years of that, I started doing freelance financial consulting work on Elance and Upwork.

After over 400 jobs completed with a 100% success rate, I now run my own modeling/consulting practice and continue to build new financial models every few weeks. [read more]

Ask the Author a Question

Must be logged in

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Bundle and save! You can save up to % with bundles!

View bundle(s)




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab




Read Customer Testimonials




Save with Bundles

This document is available as part of the following discounted bundle(s):

Save %!
Hospitality Business Financial Models

This bundle contains 6 total documents. See all the documents to the right.

$180.00


Add Bundle & Save

Save %!
Industry-specific Financial Models (40+)

This bundle contains 48 total documents. See all the documents to the right.

$299.00


Add Bundle & Save



Customers Also Like These Documents

Related Management Topics


Integrated Financial Model Shipping Industry Energy Industry SaaS Subscription Entrepreneurship Education Loans Manufacturing Mining Industry

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.