Nenes Dream Stay's | Application Preview
Nenes Dream Stay is seeking government grant funding to support their business operations, primarily to repay a $12,500 loan and cover various expenses such as furnishing properties for Airbnb, paying rent to landlords, utility costs, maintenance and cleaning services, and business tax preparation. The funds will also be used for property insurance and rehabbing properties to create both Airbnb rentals and affordable housing options for the community.
The business plan focuses on renting properties from landlords and transitioning them into Airbnb accommodations. With increased capital, they aim to purchase and renovate their own properties, further enhancing their ability to offer affordable housing.
The entrepreneurs behind Nenes Dream Stay are driven and passionate, having invested their own savings into the business. They're dedicated to making a mark in the hospitality sector while building generational wealth. They believe that securing funding would enable them to provide exceptional guest experiences and foster community relationships.
Their primary competitors include major platforms like Airbnb, Vrbo, and travel agencies. However, Nenes Dream Stay differentiates itself through the personal touch and unique experiences they provide. They emphasize their commitment to listening to guests and fulfilling their needs while also striving to give back to the community through affordable housing initiatives.
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General Information
Business Registration Number: 991811658
Location: Houston, TX, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Funding will go to repaying the $12500 loan, furnishing the properties, paying the landlords rent to use their properties as Airbnb's, utilities per property, maintenance and cleaning per property, paying our maintenance and cleaning crew, paying the business tax preparer, property insurance, and investing in rehabbing our properties to use as Airbnb's and provide affordable housing for our community.
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Business Plan
We currently rent properties from landlords and turn them into Airbnb. As our capital grows, we plan to purchase properties and rehab them, turning some of the properties into Airbnb and also providing affordable housing opportunities for our communities. We are two hardworking, motivated, and passionate people who found each other when I was on vacation for the Essence festival. We instantly fell in love and later invested in becoming business owners. We are looking for more capital to grow our business into a successful and competitive one. We have already invested our savings into this business and want to ensure we are competitive and able to compete in the market. We are trying to build generational wealth and relationships, we are in the "people pleasing" business, providing a service and experience like no other. If approved, this investment will give our business the experience of providing an amazing dream stay for our guests around the world. We are greatly appreciative of the opportunity to apply!
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Self Identified Competition
Airbnb Vrbo Travel agencies We are different because we are two highly motivated individuals who have combined our intellect, skills, talents, and passion to create a dream experience that our competitors do not offer. We listen to our guests and make their dreams a reality. We also want to give back to our communities and provide affordable housing opportunities.
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Contact Applicant
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