Vette Kat Harbour Bed and Breakfast
Company Summary
The Vette Kat Harbour Bed & Breakfast, located overlooking Vette Kat Harbour on our beautiful Caribbean island will offer a luxurious, quaint B & B for people to enjoy. The Vette Kat Harbour Bed & Breakfast will have seven individual rooms some with private baths, a central living room/socializing area, a garden patio, outdoor BBQ area and a Buccaneer Culinary Centre (housed in former out building) for its guests. Two of the guest rooms can be joined to form the Privateer Suite with a private kitchen, living room and outdoor sitting area and a separate entrance to offer a unique lodging experience. We are located within casual walking distance from the shore on a quite small town street.
The adjacent properties are of a matching elegant nature and charm up and down the street. The entire property next to us is owned by the church and quiet.
2.1 Company Ownership
The Vette Kat Harbour Bed & Breakfast will be a LLC of Kayman St. Lucia – who will be the owner. The B & B uses Mr. St. Lucia’s home as the inn.
2.2 Start-up Summary
The Vette Kat Harbour Bed & Breakfast start-up expenses include:
- Home office equipment including: computer, copier, fax machine, extra telephone line, and filing cabinet.
- Wireless Internet network access for guests.
- Website creation.
- Advertising/association dues for the several B & B associations.
- Furnishings and linens for individual guest rooms.
- Pest Control Program set up.
- Tableware (China, Silverware, and glassware).
- Signage.
- Safety Programs (Fire) (Anti-slip).
We have budgeted $32,000.00 for initial, functional yet tasteful furnishings.
Our Bed and Room Linen Expenses Breakdown.
- Comforters – $700
- Sheets – $420
- Blankets – $350
- Pillows – $300
- Towels – $1,200
- Dust Ruffles – $140
- Robes – $1,680
- Total – $4,790
Equipment and Furnishings Expenses Breakdown.
- Computers – $2,800
- Computer Accessories – $300
- Computer Printers – $513
- Poster Printer – $800
- Router – $148
- Networking Cables – $156
- Furniture – $13,453
- Lamps – $150
- Artwork/Decorations – $1,843
- Accessories – $1,273
- Buccaneer Culinary Collection – $1,821
- Kitchen Equipment – $1,400
- Telephone Upgrade – $180
- Total – $24,840
Kayman St. Lucia will directly invest $25,000 in starting up the B & B. We plan on acquiring additional direct funding via a bank and backed by the SBA under an Island Economic Development loan package.

Start-up | |
Requirements | |
Start-up Expenses | |
Legal | $1,260 |
Insurance | $2,903 |
Licenses and Permits | $320 |
B&B Associations & linking | $2,400 |
Retrofit of Premises | $3,000 |
– | $0 |
Total Start-up Expenses | $9,883 |
Start-up Assets | |
Cash Required | $24,000 |
Start-up Inventory | $2,500 |
Other Current Assets | $13,667 |
Long-term Assets | $56,000 |
Total Assets | $96,167 |
Total Requirements | $106,050 |
Start-up Funding | |
Start-up Expenses to Fund | $9,883 |
Start-up Assets to Fund | $96,167 |
Total Funding Required | $106,050 |
Assets | |
Non-cash Assets from Start-up | $72,167 |
Cash Requirements from Start-up | $24,000 |
Additional Cash Raised | $0 |
Cash Balance on Starting Date | $24,000 |
Total Assets | $96,167 |
Liabilities and Capital | |
Liabilities | |
Current Borrowing | $0 |
Long-term Liabilities | $81,210 |
Accounts Payable (Outstanding Bills) | $0 |
Other Current Liabilities (interest-free) | $0 |
Total Liabilities | $81,210 |
Capital | |
Planned Investment | |
Owner Investment | $24,840 |
Other | $0 |
Additional Investment Requirement | $0 |
Total Planned Investment | $24,840 |
Loss at Start-up (Start-up Expenses) | ($9,883) |
Total Capital | $14,957 |
Total Capital and Liabilities | $96,167 |
Total Funding | $106,050 |