Uncovering a multi-million dollar EBITDA opportunity ahead of ownership change
The context
Island resort & leisure asset — global investor. The investor needed an independent view of the operational cost base. Phase 1 assessed $120M of a $282M cost base against industry benchmarks — desktop-based, before site access.
What we did
- Benchmarked F&B COGS by outlet tier, laundry $/room, logistics labour ratios, maintenance $/room and energy rates vs market
- Contract register review — ~64% of top-vendor spend uncontracted or expired; unit-cost benchmarking showed key supply +12.6% vs market
- Identified 8 opportunity levers with confidence-weighted targets
- Built a 13-month implementation roadmap tied to an ownership transition
The results
- ~$10.6M p.a. net EBITDA opportunity (~$15.9M gross) across 8 levers
- ~96% assessed as realisable within 12 months of ownership change
- Clear Phase 2 validation plan — site inspection, interviews, time-in-motion
