Newly Established Hotel Seeking Loan in Thimphu, Bhutan
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Hotels |
Locations | Thimphu |
Local Time | 6:30 PM Asia / Thimphu |
Listed By | Business Owner / Director |
Status | Active |
- Equipped with 39 spacious rooms, a restaurant, a bar, and additional leisure facilities, the hotel stands as a new addition in the area known for its robust hospitality industry.
- Key attraction includes a unique rooftop Mountain Tower View (MTV) point offering panoramic vistas, capable of hosting between 150 to 200 guests, alongside a dedicated sports area for visitor engagement.
- The property is an impressive 8-story building that is leased, allowing for cost-effective scaling up of operations once open.
- The hotel projects monthly revenues of USD 25,000 to USD 35,000 after starting operations, with operational expenses expected to be 20% of the total income, pointing towards strong gross profit margins.
- Aiming to compete with 3-star hotel standards, the business offers a promise of quality and regulatory compliance, enhancing its attractiveness to potential investors and guests.
- Operations are anticipated to commence by March of the current year and is registered with the Ministry of Industry, Commerce, and Employment, which underscores adherence to local industry standards.
No outstanding loans or external funding obtained.
Sole proprietorship business.
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Earlier than 15 daysGM, PET Bottles And Jar Caps Manufacturer, Ghaziabad, Individual Investor / Buyer connected with the Business