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Serviced Apartment for Sale in Kathmandu, Nepal

For Sale: Fully furnished premium serviced apartment hotel in Kathmandu, Nepal.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 40 %
Industries Serviced Apartments
Locations  Kathmandu
Local Time 4:25 PM Asia / Kathmandu
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4 million (Native Currency: USD 4,000,000)
Reason: We would like to start a new line of business.
Includes physical assets worth USD 3.7 million
Interested to connect with advisors
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Business Overview

- Premium serviced apartment hotel with 25 apartments comprising of 3 two-bedroom suites, 18 one-bedroom suites and 4 studios with hall and kitchen catering to both long and short term guests.

- Short term guests are those staying for less than a month and the long term guests stay for more than a month.

- Facility has a meeting hall, gym, jacuzzi and steam for guests, parking for 10-12 vehicles, a rooftop restaurant.

- The apartment sizes are as follows Studio: 450 sqft, One-bedroom suite: 750 sqft, Two-bedroom suite: 850 sqft.

- We have a wide range of clientele, our guests are mostly people working in corporate houses and NGOs in Nepal and we also receive walk-in guests.

- Facility has 60-70% occupancy rate on average.

- The growth rate is good and we are one of the best-serviced apartments operating in Kathmandu. We maintain a low profile and have not done much for the marketing of our product.

- Recently listed on Airbnb, Bookings. com and Expedia.

- Buyer would get the complete business with land, building, interiors, furniture, kitchen equipment, AC, and other hotel related items.

Products & Services Overview

Serviced apartment and hotel with 25 apartments comprising of 3 two-bedroom suites, 18 one-bedroom suites and 4 studios with hall and kitchen catering to both long and short term guests.

Breakfast is complimentary for all our clients. Daily housekeeping is provided to short term guests and for long term guests we provide it twice a week.

Facilities Overview

Owned facility with built-up area of 26,000 sq. ft. spread across seven floors with 25 apartments, meeting hall, gym, jacuzzi, a rooftop restaurant where we serve breakfast.

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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