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Old Mills Inn (Hotel): moldnlltorontohotelcom Introduction: A full-service spa, a fine dining restaurant and rooms with views of the scenic Humber Valley are offered at

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Old Mills Inn (Hotel): moldnlltorontohotelcom Introduction: A full-service spa, a fine dining restaurant and rooms with views of the scenic Humber Valley are offered at this Toronto hotel. It includes facilities for business meetings, conferences, celebrations and weddings, with an on-site chapel and wedding garden. Its restaurant has served afternoon tea since it opened in 1914 and serves Sunday family brunch and dinner buffets. Task: This 2nd property will be opened at Niagara-on the Lake town, Ontario. It is planned to have 60-80 rooms with 2 big banquet balls that could accommodate 300 people in total for the venue. The owner is looking for $30M investment at 60% bank loan. The financial target is $18M loan approval from the bank. The anticipated interest rate is 3%5%

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