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Serviced Apartment Seeking Loan in Kathmandu, Nepal

Management of girls hostel located in a prime location of Kathmandu seeks loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 45 thousand
EBITDA Margin 0 - 10 %
Industries Serviced Apartments
Locations  Kathmandu
Local Time 11:28 AM Asia / Kathmandu
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 11 thousand for 10.0% annual interest, 1 year (Native Currency: NPR 1,500,000)
Reason: Seeking loan to acquire the hostel building and license from the current owner.
Collateral Available: USD 0
Includes physical assets worth USD 11 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are one of the top hostels in Kathmandu providing stay and food for students.

- Have more than 30 more students at the moment with a steady growth rate in revenue.

- We receive monthly rent from the students at the beginning of every month.

- There are many educational institutions located around our hostel, making it an optimum location for this business.

- Manager has more than 4 years of experience in this field and wants to acquire the business from the owner.

- This is a debt-free company on a leased space.

Products & Services Overview

We provide good hospitality for students studying around our hostel.

Assets Overview

Physical assets include all furniture & fixtures along with all accommodation amenities.

Facilities Overview

4 floors leased building of around 3,000 square feet.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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