MORALES LODGE IN MUKAS, KOLAMBUGAN, LANAO DEL NORTE

A FEASIBILITY STUDY
Presented to
The Research Committee
North Central Mindanao College
Maranding, Lala, Lanao del Norte

In Partial Fulfillment
of the Requirements for the Course
Marketing Elective 4- Feasibility Study
Leading to
Bachelor of Science in Hotel Restaurant Management

Tapaling, Sheilla May L.

Morales, Melody R.

S.Y 2014-2015

APPROVAL SHEET

This undergraduate feasibility study entitled Morales Lodge

in Mukas, Kolambugan, Lanao del Norte prepared and submitted by
Tapaling, Sheilla May L. and Morales, Melody R., in partial fulfillment
of the requirements of the degree of Bachelor of Science in Hotel
and

Restaurant

Management

has

been

examined

and

its

recommended for the acceptance and approval for oral examination.

JANET UY DE LEON
Adviser
Date:_________________
Approved by the committee on oral examination held on
___________ at NCMC with a grade of ______________.

EDGAR C. ARNNOCO

FERDIE P. MENDOZA

Panel Member

Panel Member

MRS. DESAMPARADOS F. BAMBA

Vice President for Research
Chairman

Dedication

We humbly dedicate this study to

Our Families and Friends, who always supports us financially,
To our advisers, who continues to check our study,
And to our God Almighty who is Omnipresent, He always guides us.

The Researchers

Acknowledgement

The researchers of this feasibility study would like to express their

warmest gratitude to the persons who contributed much to this research.
This work would not been realized and made possible without their
assistance and their own special ways.
To their indebted thanks to the generous support of their beloved
parents who have shared their financial and moral support, and most of all
their motherly advices and proper guidance.
To their deepest thank to their vigorous and industrious instructors, Mr.
Edgar C. Arnoco, Mr. Ferdie P. Mendoza and Mrs. Janet Uy De Leon for sharing
their intelligence in this feasibility writing and for letting them borrow some
references and also for their valuable time to react and correct their mistakes
and for the advices which made this research a successful one.
To their sympathetic thank to their classmates and friends for their
encouragement of their scholarly advice.
This research was possible through the presence of our Almighty God
who gave His intelligence, strength, courage and who enlightened the minds
of the researchers.

The Researchers
Abstract

Tapaling, Sheilla May L. and Morales, Melody R., Bachelor of

Science in Hotel and Restaurant Management, North Central Mindanao
College with this feasibility study entitled Morales Lodge in Mukas,
Kolambugan, Lanao del Norte, for the year 2014-2015.
This study were conducted to determine how feasible the proposed
business (Morales Lodge) to the proposed location (Mukas, Kolambugan) and
its projected income within its investment life.
Findings show that the Morales Lodge return in investment after 5
years is 13.25% and its payback period is 3 years and 9 months. This shows
that the business is ascertains the cash inflows and it is worth pursuing. The
net income ratio shows an increasing trend from year 1 to year 5. Thus, as
the business continuous, it grows.

The Researchers

Table of Contents

Page
Title Page

Approval Sheet

ii

Dedication

iii

Acknowledgment

iv

Abstract

Table of Contents
vi-viii
List of Tables

ix

List

of

Figures

x
List

of

Schedules

xi
List

of

Charts

xii
Chapter

INTRODUCTION

1
Chapter

II

EXECUTIVE

SUMMARY

2
A. Name of the Business
2
B. Location Analysis

2
6

C. Brief Description of the Project

D. Summary of Findings and Conclusions

5
a. Market Feasibility
5
b. Technical Feasibility
5
c. Financial Feasibility
d. Management Feasibility

6
e. Socio-economic Feasibility
7
Chapter III MARKET STUDY
8
A. Demand
B. Supply

8
C. Competitive Position/Price Strategy
9
D. Marketing Program
9
Chapter

IV

TECHNICAL

STUDY

12
A. Service
12
B. Service Process
12
C. Building and Land
D. Direct Materials
E. Utilities
F.
G.
H.
I.

14
Fixed Assets
Waste Disposal
Plant Location Map
Building Floor Lay-out

J.

17
Labor Requirement

13
13

14
16
16

19

Chapter V MANAGEMENT STUDY

20
A. Organizational Chart
20
B. Functions
C. Project Time Table

21
21

Chapter VI FINANCIAL STUDY

22
A. Total Project Cost
B. Source of Financing the Project
C. Financial Statement

22
22

23
a. Financial Assumptions
23
b. Sample of Total Revenue/Occupancy for Five Years.
23
c. Projected Cash Flow
26
d. Projected Balance Sheet
D. Financial Analysis
a. Liquidity Ratio

27
28

28
b. Investment Decision Analysis
29
i. Return of Investment
29
ii. Payback Period
E. Schedules

30
31

REFERENCES
CURRICULUM VITAE

List of Tables

Table 1. Furniture and

Fixture..
Table 2. Tools, Machinery and
Equipment
Table
3.
Requirement..
Table
4.

14
15
Labor

19

Total

23

Revenue/Occupancy
Table 5. Total Daily Revenue and Total Yearly Revenue of
the Proposed Project

24

Plan..
Table 6. Income

25

Statement
Table 7. Projected Cash Flow of the Proposed Morales
Lodge.
Table 8. Projected Balance Sheet of the Proposed Morales

26

Lodge for the Year Ended Dec. 31.

27

Table 9. Net Profit Rate of the Proposed Morales

28

Lodge
Table 10. Return on Investment of the Proposed Morales

29

Lodge..
Table 11. Payback Period of the Proposed Morales

30

Lodge

List of Figures
Figure 1. Service Process of the Proposed Morales

12

Lodge
Figure 2. Projected Time Table of the Proposed Project

21

Plan.

10

List of Schedules

Schedule 1. Total Project Cost of Morales

Lodge
Schedule
1.1
Equipment
Schedule

Tools,
1.2

Machinery
Furniture

11

22
and

31

and

31

Fixture
Schedule

1.3.

32

Building
Schedule
2.
Permits

and

32

Business

32

Tax

33

Individual

33

Accumulated

33

Licenses..
Schedule
2.1
Permits.
Schedule
3.

Income

Due..
Schedule
3.1
BIR
Policies
Taxpayers
Schedule

4.

for

Depreciation

List of Charts

Chart 1. Lodge Assessment

9
12

Profile
Chart 2. Guest Matrix of the Proposed Morales

10

Lodge..
Chart 3. Morales Lodge

11

Program
Chart 4. Organizational

20

Chart

13