Best known among the services that Pinnacle provides are our services related to market and financial due diligence. Best known among these services are those related to "feasibility studies" as they are most often called. But the due diligence process is often also used to assist in "buy-sell-hold decisions.
Our work typically encompasses several critical elements - all designed to allow the client to assess feasibility and/or make strategic decisions regarding any given project:
- Assessment of proposed or existing facilities and the likelihood that they will be able to appropriately service the needs of the market;
- Recommendations related to altering the existing or proposed facilities to make them more market-responsive when necessary;
- Assessment of the underlying economic strength of the area in which the existing or proposed facility will operate;
- Analysis of the supply of existing and proposed facilities that comprise the competitive framework for the subject facility;
- Detailed analysis of demand patterns relevant to the subject facility;
- Projection of operating performance for the subject during a specified operating period - typically five years subsequent to opening; and
- Comprehensive and detailed financial projections through to the "bottom line" (as defined for each individual engagement)
Once complete, such a study can be used by our clients - often with our assistance in terms of modeling - to determine whether or not a development is feasible given costs and investment parameters. It is also a firm basis upon which to make strategic decisions regarding the "buy-sell-hold" process .
Lastly, our due-diligence work often evolves into additional services including:
- Assistance with regard to identifying the most advantageous ownership structure;
- Detailed programming and facility planning;
- Assistance with deliberations regarding possible flags and/or management options;
- Economic impact analyses (frequently required for public-sector projects)
Our clients have been unanimous in their praise of our performance. The testimonial below, from Len Wolman, Chairman of the Waterford Group verbalizes the sentiment expressed by virtually all clients:
I have been a client of Pinnacle Advisory Group and worked with its principals for more than 20 years. Pinnacle is unique today's hospitality consulting arena in that client service remains, as it has always been, Pinnacle's highest priority. Top-level principal involvement combined with attention to detail and the highest level of ethical integrity continues to make Pinnacle an industry leader and a very valued provider of services to Waterford
Len Wolman, Chairman, Waterford Group
"To see our list of clients, please click here."
