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Newly Established Resort Seeking Loan in Itahari, Nepal

Require-funds for the construction of a 100 room resort in Nepal with land acquired.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Itahari
Local Time 6:16 AM Asia / Kathmandu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 370 thousand for 10.0% annual interest, 10 years (Native Currency: NPR 50,000,000)
Reason: Require funds for the construction of the resort.
Collateral Available: USD 740 thousand
Includes physical assets worth USD 740 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Seeking funds for the construction of a resort.
- Acquired approximately 3,484 sq ft (4 khatta) of land near Asian Highway, 200m away.
- Estimated construction time: 1 year after funding.
- Targeting tourists and business class travelers as primary clientele.
- Planned amenities include 100 rooms spread across 17 floors, spa, gym, lounge, and restaurant.
- We are currently in the process of registering our new company.
- Additional features include a rooftop bar, swimming pool, WiFi, and event hall.
Products & Services Overview
Resort to be constructed on a 3,484 sq ft land in Province 1 to attract tourists.
Assets Overview
Land of 4 khatta is the primary asset, and hence illiquid.
Facilities Overview
Fully owned land of 4 khatta located in Province 1, Itahari,
Capitalization Overview
Sole owner.
Self funded.
No loans or debts.
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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