Hi Ya All,
At the end of March 2016 we set sail, figuratively speaking of course, we actual took flight, for the South Pacific in search of finding our chill haven which we call PeanieSutra.
During our tour through The Cook Islands, Vanuatu and Fiji, we posted much about our experiences and hinted at some of the business opportunities we where exploring.
We looked at accommodation, lounge bars, and cafe type of opportunities, with one key criteria – they must overlook the blue pacific ocean, white beaches and beautiful green palms of course.
In the Cook Islands we first found a cozy and friendly little boutique hotel. Although we loved it, upon closer analysis we felt that it was a little to pricey for the returns it promised. We then came across a cool cafe but our offer was beaten by a slight time margin. This was devastating for Peanie 🙁
We continued our search and found another cafe / restaurant which was recently modernised. As we looked into this opportunity another opportunity popped up that really got our minds working. We found ourselves in a position of needing to choose one. Although they were completely different businesses, we felt a strong attracted to both. But could only go with one. And as fate has it, circumstances got us to decide on the latter.
However, fate only came into play while we were looking around in Vanuatu for opportunities.
The main types of business on offer in Vanuatu that we explored where accommodation (i.e back packer lodge and guest house) and restaurants in the centre of Port Villa. The accommodation we found to be to expensive and the restaurant trade really needed experts who knew this type of business … we could not afford the learning period required. We needed something that would work from the outset.
Right, back to fate. It was during our time in Vanuatu that the decision around the Cook Island two opportunities was going down. We concluded our initial due diligence on the second opportunity and decided to make an offer. It was accepted :-))))
Since then we have been working through the final due diligence, legal process of acquiring a business and migrating to the Cook Islands. However, we have not told you what business it is … and we will not until the we have signed the dotted line which should take place in the next few days.
So hold tight … much much more to come.
In the interim we have installed a count down at the bottom of peaniesutra.com’s home page. If all goes to plan, when the timer hits zero, is when we take over the business in Avarua, Rarotonga, the main island of The Cook Islands.
t – 123 days and counting :-)))
“What about the photography, writing and publishing of articles?” I hear you asking. In our posts on this site, you have seen a small sample of the pictures we have taken during our trip . BTW – we have in excess of 5,000 “quality ;-)” images. Once the dust has settled on getting the opportunity agreement signed, we will commence with compiling some articles for the likes of GEO, National Geographic etc. So here too … much much more to come 🙂
😉 Pietro & Eltje 🙂