I. EXECUTIVE SUMMARY
Charles Avery Holdings, LLC. dba, New Power Tiny Properties (referred to from hereon in as the "Company") was established as a Limited Liability Company at 1864 Schofield Dr, Hampton, Georgia 30228 with the expectation of startup in the tiny home vacation rental industry. The Company solicits financial backing to be able to introduce its new product (described below).
Business Description
The Company was formed on 08/01/2019 as Limited Liability Company under Georgia state laws and headed by Charles Avery.
Charles Avery is the CEO of Charles Avery Holdings, LLC. His background is in sales and marketing. Utilizing his background, team, and strengths, he is striving to start and grow a short-term vacation and corporate rental development. These rentals will be moderately and contemporarily designed out of repurposed shipping containers. They are scalable in any city with a heavy business, tourist, vacation presence. With over 20 years of sales & marketing experience in home services and energy efficiency, Mr. Avery brings unique concepts to this vision.
Management Team
The Company has assembled an experienced management team:
Founder/CEO - Charles Avery, 20+ years of experience in Sales & Marketing. Mr. Avery will use his knowledge and skills in residential and commercial green renewable energy space to combine building design concepts that are sustainable in the short-term rental industry.
Business Mission
Repurposing the environment, while creatively inspiring one individual at a time
Product
The Company's primary product is tiny container home daily rental: The company targets consumers and businesses. For Consumers: The properties will be listed for daily rental.
Corporations may utilize the locations for employee personnel travel stays.
Funding Request
The Company requests an investment of $90,000.00 in exchange for 20% equity. The funding proceeds will be used for the following purposes:
Funding will be used for land development, materials, marketing, and fees.
Purpose Loan Amount
Containers & Build-out $50,000.00
Location & Furnishings $30,000.00
Legal & Administrative Fees $10,000.00
We expect to break-even within a 2-year period following the introduction of our developments.
II. BUSINESS SUMMARY
Industry Overview
The US vacation rental industry’s total revenue is
estimated to reach $13.3 billion in 2021. With a roughly 10% year-over-year vacation rental market growth rate, the industry will be close to $20 billion in 2025. The global vacation rental industry will grow even faster in the coming years. By comparison, the hotel industry is
projected to hit $110 billion in revenue in 2021 based on expert forecasts.
As of September 2020, the Airbnb had 5.6 million
active listings in over 100,000 cities across the globe including the US, Europe and all markets combined. These listings include around 24,000 tiny homes, 3,500 castles, 2,600 treehouses, and 140 igloos - so there’s no “typical” Airbnb property. Airbnb also works with over 4 million hosts!
By Hotel Tech Report, October 28, 2022
Revenue in the Vacation Rentals segment is projected to reach US$19.39bn in 2023.
By Statista
Business Goals and Objectives
Short Term:
To secure the funding and to have one location fully operational for rent by the end of the first quarter of 2023. To meet with container home design and sales teams. Purchase and set custom container home.
Long Term:
Locate container homes in markets where there is a flourishing vacation and business travel industry. Establish locations in markets where tiny hotel communities are authorized by local and state municipalities. List locations for rent on vacation rental, corporate travel, and television and film set rental websites. To grow in multiple markets throughout the US and abroad internationally.
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