Worth way more than £3m

It’s a Holiday Inn with 150 rooms. Assume an average occupancy rate of 75% and an average daily rate of £100-110. Revenue per available room circa £80. So room revenue c. £4.4m, add on food and entertaining etc and call it £5m. If they’re making 20% that’s £1m a year net operating income. Assume an 8.5% yield and you get an open market value of around £13m.

But if NCFC was the buyer they’d lump a premium on top.

It’s still chickenfeed in the grand scheme of things, I agree.

Posted By: Old Git on October 16th 2025 at 08:01:10

Message Thread

USAC bullshit meter....... (NCFC) - usacanary, Oct 16, 01:02:23
- Worth way more than £3m (NCFC) - Old Git, Oct 16, 08:01:10
  - I think you’re optimistic on the rook revenue and occupancy BUT (NCFC) - Legacy Fan, Oct 16, 10:54:20
    - Rook? Room. (n/m) (NCFC) - Legacy Fan, Oct 16, 10:54:41
  - Didn't know it was that lucrative? (NCFC) - usacanary, Oct 16, 10:44:33
    - Wouldn't get that much back (NCFC) - CWC, Oct 16, 10:53:42
- Not complicated (NCFC) - inutero, Oct 16, 06:24:17
  - Just keep kicking the ball at their windows, they'll soon get fed up and sell up (n/m) (NCFC) - BSE Canary, Oct 16, 08:54:20
  - That's not how it works (NCFC) - Kangol Canary, Oct 16, 07:30:52
    - The club could possibly play hardball and make it... (NCFC) - usacanary, Oct 16, 10:32:01
    - If it’s not for sale then it’s not for sale (NCFC) - inutero, Oct 16, 08:51:31
      - Utter bullshit. (NCFC) - usacanary, Oct 16, 10:27:28
        
        Not bullshit is it (NCFC) - inutero, Oct 16, 11:40:04
        
        "obviously everything does have a price" (NCFC) - usacanary, Oct 16, 17:52:00
        
        You clearly are Ted Dibiase (n/m) (NCFC) - inutero, Oct 16, 18:06:36
- Eat my arse daddy (n/m) (NCFC) - Lentil Weaver, Oct 16, 02:08:00
- On matchday it has bouncers/ security guards...very passive aggressive ones (n/m) (NCFC) - Goosebumps, Oct 16, 01:34:57

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