For
I-MAX MULTIPLEX (Cinema Complex)
Submitted To: Submitted By:
Mr. Shree Ranjan Wasti Prakriti Shrestha
Professor Smriti Pradhan
Entrepreneurship & New Business Formation BBIS (2002-2006)
Kathmandu College of Management
ACKNOWLEDGEMENT
We would like to thank our instructor, Mr. Shree Ranjan Wasti, for his guidance in preparing this business plan.
Not to forget, we are also grateful to our librarian for providing us with the resources needed in completing this project. His assistance has been very much helpful.
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Prakriti Shrestha
Smriti Pradhan
EXECUTIVE SUMMARY
Our daily schedule nowadays has become very hectic. As a form of savoir, people go for recreational activities such as movies, picnics, fishing, yoga, parties and the like. Keeping this increasing trend in mind, we have decided to provide people with the facility of a multiple cinema theatre complex – a multiplex.
The project that we are taking upon is a long-term project with the estimated completion time of about 16 months. So, we assume the profitability to increase after this time period. Our multiplex will hold two theatres, allowing us to show two movies at the same time. Besides this, the multiplex will also provide the facilities of parking, restaurant etc. The location of the multiplex is also very accessible i.e. in Tinkune.
On the basis of calculation, we have found that the total project cost is Rs. 25,840,272. To accumulate this amount, we have decided to take a loan of about Rs. 20 million (Rs. 20,100,000 to be exact) and the remaining will be our input. This loan will be repaid over a period of years.
Although our unit selling price (without markup) comes around Rs. 59.07, we have decided to charge Rs. 75 for Regular class and Rs. 100 for Luxury class tickets. This is because we have based our pricing on our competitors’ ticket price.
Our business is a very profitable one which can be seen from