Become an investor in The Bahamas' newest tourism destination. Most people who visit the Bahamas wish they didn't have to leave. They bemoan having to return to their "real life" and fantasize about "dropping out". When you become an investor, you will own a part of the life that everyone wishes they could lead without having to drop out. And you can make money in the process.
FNR is offering limited opportunities for outside investors to own a part of the FNR experience. Shares of FNR are offered for committed, like-minded people who share our vision for a sustainable, profitable resort that provides a healthy lifestyle and a fun and relaxing experience in a back-to-nature environment. FNR has been conceived to provide a sound, profitable investment for a select group of individuals who share the vision of a comfortable , isolated getaway that operates in concert with nature and opens the door to visitors who can truly appreciate an unspoiled, remote, tropical paradise. Shares are being offered as a way to attract investors who want to support our concept, spend time at the resort themselves, and spread the word to others who might like to experience Inagua.
Shares offer investors equity in the eco-tourism business, two weeks of time at the resort annually, annual dividends based on profits and bragging rights to being an owner of a remote eco-tourism resort in The Bahamas. As the business grows, so will the value of shares. In the event that shares are sold in the future, they will appreciate and generate additional return on investment. The resort projects that investors will receive return on their investment at the end of the first fiscal year of operation.
For more details on the projected return on interest and the three ways your investment will earn you money, please contact FNR.
What makes FNR a great investment? This project is the first and only resort to be developed on the island of Inagua. A special combination of competitive advantages make this project profitable from day one of operation.
Low Cost of Land. Each of the owners have made their own special contribution to this project. Kip contributed the land. As a native Inaguan, he was able to procure 4 acres of beachfront property from the Bahamian government. The only catch was that he had to build a resort on the land to fulfill the government's tourism industry development strategies. By contributing the land to the project, the amount of funds to get this project off the ground are reduced significantly.
No Financing Costs. Since the project is being built with investors' and owners' funds, there will be no financing costs associated with the project. Principal and interest payments on a construction loan are not part of this project's balance sheet. Low overhead means reaching profitability sooner.
Access to Pristine Natural Resources. Inagua's natural environment is unparalleled elsewhere in the Caribbean. The island is home to 80,000 West Indian Pink Flamingos, numerous species of rare and endangered birds, giant sea turtle nesting grounds and habitats, dolphins that swim alongside your boat, wild donkeys and wild boar, just to name a few. The waters surrounding the island are largely undiscovered. In fact, the entire east side of the island is surrounded by uncharted waters. Underwater, the entire island is surrounded by pristine coral reefs that are home to a kaleidoscope of tropical fish. Snorkelers and divers are able to hang out with the famous Nassau Grouper, sea rays, dolphins, octopus, and the occasional harmless, although scary-looking barracuda. Endless white beaches, rocky cliffs and white salt mountains add to the natural beauty of the island.
Free Professional Services and Low Soft Costs. Each member of the management team has been in the business for at least a decade. Our combined experience in the construction and development industry totals 76 years. During our time in the field, we have made lasting professional relationships with some of the industry's best. When it came time to get this project off the ground, we went back to our friends in the field and a large part of the pre-development soft costs and professional services were donated by professionals in the industry.
Approved Project Status. Kris' previous experience was working for the public sector in the field of economic development. With this project, the tables were turned and she was able to negotiate a special economic concessions package from the Bahamian government. This package brings regulatory relief, economic incentives, tax breaks and marketing assistance to the project.
Expertise of Management Team.
Before embarking on this project, the four members of the management
team accumulated years of experience in the construction and development
industries.
Kip Nixon is a master plumber and a master electrician. Prior to returning to his native Inagua, Kip worked in the construction industry for nearly 40 years in the United States, supervising teams of 20 workers on complex and time constrained construction projects.
Craig Morse has been a general contractor in South
Florida for the past 11 years. Craig served as GC for the renovation of Lockheart Stadium, built the Cloverleaf Shopping Center in Miami, undertook a
sensitive historical relocation and renovation project in Fort Lauderdale's
historic Sailboat Bend and Riverside Park neighborhoods and owns his own
residential additions company called Strictly Additions.
Kris Mory worked in the pub
lic
sector economic development field for
11 years. She has
created economic development programs for major cities in Massachusetts and
South Florida. She has worked in the field of
international economic development for the
Massachusetts Port Authority and has served in the field of urban and regional
planning. Kris holds a Master of Public Administration from the University
of Massachusetts at Amherst.
Patrick Morse fits the mold of young entrepreneur. After receiving his degree in Business Administration from Emory College in Atlanta, Georgia, Patrick teamed up with his cousin Craig to serve as the financial brains for Craig's general contracting company, KMF Construction. More recently Patrick has assumed responsibility as Chief Financial Officer for Strictly Additions. A fitness enthusiast, Patrick previously started up his own small business by offering lessons in kickboxing and martial arts.
Bahamian Business Environment. In the Bahamas, we pay no income tax, real estate tax, or corporate taxes on dividends. In addition, the Bahamas legal system is more relaxed than its American counterpart. This translates to less corporate liability and no personal liability for investors.
Bahamian Workforce. The Bahamas has a 94% literacy rate. In addition, the average per capita income in The Bahamas is about $11,000. With careful training for each position, FNR will have highly skilled, competent staff earning relatively lucrative salaries.
With all these competitive advantages, The Flamingo Nest Resort promises to be a great success.
Eco-Tourism as a Growth Industry. Tourism is the largest industry in the world. It is without a doubt the mainstay of the Bahamian economy. Eco-tourism is the fastest growth niche of the tourism industry. The bird-watching sector of eco-tourism is the fastest growing segment of the eco-tourism trade. Given these trends, Inagua is well-positioned to participate in this industry's expansion.
The Bahamian Government declared 2001 the Year of Eco-Tourism and launched a series of strategies aimed at promoting eco-tourism in the Bahamian Out-Islands. Flamingo Nest Resort is the ideal recipient of the benefits of these strategies and incentives.
The typical eco-tourist is 35-65 years old, tends to travel with a companion, is highly educated, falls in the medium-high to high-income bracket, leaves the kids at home, spends an average of $2,000 on roundtrip airfare and enjoys a vacation that lasts an average of eight days.
Today, tourists are becoming increasingly savvy about their holiday escape. Other global eco-tourism destinations like Costa Rica, Brazil and Indonesia are becoming over-traveled. Eco-tourists discover their holiday vacations via word of mouth and tend to search for the new, undiscovered destination that hasn't been seen by the rest of the world.
Inagua clearly fits the bill.
Request An Investment Prospectus. To become an investor, request a prospectus or to find out more about this great investment opportunity, contact:
Kris Mory
Flamingo Nest Development Corporation
511 SW 5th Avenue
Fort Lauderdale, FL 33315 USA
phone: 954.857.6738 fax: 954.712.9832
mskrism@aol.com
Copies of The Flamingo Nest Resort Business Plan, Detailed Project Budget, and Market Research are available for serious investors only.
And if you'd like to visit the island of Inagua and The Flamingo Nest Resort site prior to making your investment, please let us know and we'll gladly make the arrangements for you.
