Guest House Seeking Loan in Lae, Papua New Guinea
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | USD 15 thousand |
EBITDA Margin | 12 % |
Industries | Guest Houses |
Locations | Lae |
Local Time | 11:42 PM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Active |
The facility provides not just accommodation but incorporates visits to clear waterfalls, sea exploration, bird watching, leatherback turtle observation, and last but not the lest taking a bath in the clear pristine waters of the Busama Coastline.
The guest house sits on an ideal 150m x 200m land space and is surrounded by lowland forest vegetation and white sandy beaches.
The facility was recently built to accommodate the ever-increasing demand for tourism activities in and around the Salamaua Peninsula of Morobe Province.
Due to the increase in the demand for proper facilities, the management of the facility embarked on a mission to improve the facility through expansion of the existing facility to meet the growing number of visitors and tourists and to provide additional amenities such as proper latrine facilities, water supply, electricity, and other necessary facilities to give the tourist the experience of a lifetime.
The guest house had its first lot of tourists who came to visit for the weekend. We also have day travelers who normally visit to spend the day at the beach or take a hike to the waterfall. Just within a span of three months heading into the Christmas and new year period, we had an influx of visitors who traveled in for holidays, however, we didn't have enough facilities to accommodate them. The current accommodation setting can only cater to 10 people.
Conference facilities.
Beach swimming and diving.
Waterfall exploration.
Bird watching.
Leatherback turtle watch.
Coastline exploration.
Experience the village life.
1. Accommodation building.
2. Conference facility.
3. 2 x boats.
4. 2 x 5 KvA genset.
5. Vehicle.
6. Multi-media systems.
7. Water supply facilities.
8. Beach front.
2. Conference center that can cater to approximately 150 people.
It does not have any debts nor loans against it.
We are looking at expanding the facilities to meet the demands on visitors and international tourist.
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Earlier than 15 daysConsulting, Port Moresby, Financial Consultant connected with the Business