Guest House Seeking Loan in Noro, Solomon Islands
Operational 17-room inn in Noro with steady occupancy and plans to expand capacity and amenities.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Guest Houses |
| Locations | Noro |
| Local Time | 6:16 AM Pacific / Guadalcanal |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
25 thousand
for
10.0%
annual interest,
1
year
(Native Currency: SBD 200,000)
Reason: The funding will be used to expand the number of rooms, improve amenities, and enhance the guest exp...
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Collateral Available: USD 0
Includes physical assets worth
USD
1.25 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We are a cozy accommodation inn located in Noro, offering 17 rooms for guests.
- The business is currently operational and maintains an average monthly occupancy of 50–60%, generating approximately SBD 20,000 in monthly revenue.
- The business is fully registered and holds a business house registration, provincial license, and tax identification number.
- We cater to travelers, business people, and locals seeking comfortable accommodation in Noro.
- Seeking funding to expand the number of rooms and increase our capacity to serve more guests.
- The expansion aims to enhance the guest experience, improve amenities, and increase revenue by accommodating higher demand.
- The business is currently operational and maintains an average monthly occupancy of 50–60%, generating approximately SBD 20,000 in monthly revenue.
- The business is fully registered and holds a business house registration, provincial license, and tax identification number.
- We cater to travelers, business people, and locals seeking comfortable accommodation in Noro.
- Seeking funding to expand the number of rooms and increase our capacity to serve more guests.
- The expansion aims to enhance the guest experience, improve amenities, and increase revenue by accommodating higher demand.
Products & Services Overview
The primary service is comfortable accommodation through the inn’s 17 guest rooms, used by travelers, business people, and locals for short-term stays.
Assets Overview
Physical assets include the land and building, which together account for over 90% of the total asset value, complemented by furniture, fixtures, beds, appliances, and other hotel equipment.The value of the physical assets exceeds the loan amount being sought; however, these assets are essential for business operations and cannot be liquidated.
Intangible assets include established customer relationships and business goodwill.
Facilities Overview
The property is fully owned and comprises a G+3 building constructed on a 25 m × 17 m plot, with 17 rooms. It is centrally located in Noro Town.
Capitalization Overview
Self-funded.No loans or liabilities.
Sole owner.
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