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Laundromat Seeking Loan in Kathmandu, Nepal

Laundry business with 500+ commercial and residential clients seeks funds to upgrade the company.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33 thousand
Run Rate Sales USD 44 thousand
EBITDA Margin 15 %
Industries Laundromats
Locations  Kathmandu
Local Time 9:39 PM Asia / Kathmandu
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 14.5 thousand for 15.0% annual interest, 4 years (Native Currency: NPR 2,000,000)
Reason: To upgrade the business by adding more services and equipment.
Collateral Available: USD 2.2 thousand
Includes physical assets worth USD 5.8 thousand
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Business Name
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Business Overview
- 3-year old operational Kathmandu based laundry business.
- Have served more than 6,200 individual clients so far.
- Have over 550 regular clients out of which 5 are hotels and 2 are hospitals.
- Facility is equipped with 1 18kg washer and 2 dryers.
- Promoter has more than 5 years of experience in the laundry industry.
Products & Services Overview
We offer professional washing, drying, ironing & folding services with express pickup and delivery option.
Assets Overview
18 Kg capacity 4 in 1 washer, 2 electric dryers, iron boxes and furniture.
Facilities Overview
Rented 3 room facility on the ground floor.
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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