The funding will be used for the construction. We only envisage one round of financing and with a one-time pay out as to avoid any delay in the construction.
I am looking for a business partner who will fund the construction of a retirement home for active retirees. Мy wife and I own a property ideal for this business. The property is located in a popular tourist destination, one and a half hour drive away from the International Airport of Manila, the capital of the Philippines. I am ready to take this to the next level and grow with my partner’s help.
The retirement industry is offering a great opportunity, which is growing as we speak since the world is greying.
One futuristic projection shows that by 2050 25% of the world’s population will be over 65 years old. Whether national social security systems will be able to care for the aged is already a major concern of developed economies and these governments are seeking ways to take care of their growing elderly segment of the population.
Many retirement homes and high end retirement villages are already present in the country. This tourism stream is expected to double in the next five years. As per General manager Veredigno Atienza from PRA (Philippine Retirement Authority): ”The government will conduct more road shows overseas to aggressively promote the Philippines as a major retirement destination for the world's retirees. The PRA for its part will soon be launching more product innovations aimed at these retirees.” He added that the Philippines hope to attract one to 10 million foreign retirees to the country in six years. These are high yield markets since these visitors stay longer and spend more during their visits.
Baby boomers are reaching retirement age and most Western countries are not ready for this situation. Active Western retirees are looking for a retirement home with tropical weather, affordable prices and lower living standard. This is the perfect solution for those retirees wanting to experience awesome worry-free, affordable and quality service, in a nutshell – for those searching for a paradise to spend their remaining years in comfort.
Seniors are looking for a retirement haven, a home away from home. We are committed for a consistent, sustainable and profitable revenue growth even during possible future economic downturns. Furthermore, we will are willing to make our margins stronger without sacrificing the quality of the service.
Our positioning statement: For active retirees who are looking for an awesome tropical retirement, with unparalleled affordable worry-free luxurious experience.
Our marketing strategy: posting in websites, through agents, promotions and referrals.
Our strategy will focus on creating more desirable features, higher level of service and better performance. Project structure will be our organizational structure and with a culture of competence anchored in the need for achievement and accountability. Everything will be at close proximity of the retirement home.
We do have an edge in terms of services we will provide our guests. We will create real value and focus on building a sustainable competitive advantage. My wife and I have extensive experience in the customer / hospitality service. We are extending our focus on small scale, well-operated retirement homes with tailor-fit services. We are strategizing on quality versus quantity while creating real value and focus on building a sustainable competitive advantage. Competition does not match our level of service we do intend providing our guests.
Economic indicators for the target market area project a positive outlook for economic growth in the region, and especially of the natural and man-made tourism attractions. The number of seniors looking for a retirement haven is growing and the majority of them are looking for what we have to offer - small scale, well-operated retirement homes with tailor-fit services. We are strategizing on quality versus quantity while creating real value and focus on building a sustainable competitive advantage. Competition does not match our level of service we do intend providing our guests.
Combined with effective marketing, professional management and high level services and amenities offered at the subject property, we are perfectly positioned to capture a large portion of this market share immediately.
Our findings lead us to conclude that the potential economic benefits are guaranteed to be very sufficient to justify a retirement home business as type of investment.
We have to seize the moment - the worldwide market for this location is booming which will bring us for steady growth as we enter the market.
The funding will be used for the construction of a retirement home for active retirees. We only envisage one round of financing and with a one-time pay out as to avoid any delay in the construction.
The capitalization of the owners is the property (price worth is around $100,000). We are soliciting an outside investment of approximately $200,000.
In the worst case scenario, we project an 18% annualized yield for our partner on a yearly basis with low occupancy rate. Payback period with these conservative numbers is 5 ½ years. In the best case, we project a 27% annualized return and payback period is 3 years and 8 months.
The partner will also be given additional benefits to be used as he/she desires. We will give the investor the choice to maximize his returns and hit break even as soon as possible.
We are prepared to offer an investor a 5 year exit strategy.
We are looking for a silent individual investor/partner, however, we are open to suggestions as to improve service/business.