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Bakery Seeking Loan in Ahmedabad, India

Seeking Business Loan: Company offers dishes from multiple cuisines and bakery products at various locations.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cafes + 1 more
Locations  Ahmedabad
Local Time 2:39 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29 thousand for 15.0% annual interest, 2 years (Native Currency: INR 2,500,000)
Reason: *Scaling the cloud kitchen operations. *Expansion of catering service. *Brand marketing and packag... View More
Collateral Available: USD 0
Includes physical assets worth USD 29 thousand
Documents
Business Overview
- Our company offers a range of bakery products and a variety of dishes at multiple locations.
- We receive about 150 to 200 orders every month for our customized wedding, anniversary, and birthday cakes. This stream of revenue contributes to about 50 percent of the company's total revenue. Customers can order by directly reaching out to us through our email, phone number, or messaging on our social media pages.
- Our cafeteria and counter in the two universities in Ahmedabad is on hold as we are shifting to new premises.
- Our cafeteria receives about 90 to 100 walk-ins daily and has a seating capacity of 75 people. Our counter in the other university receives about 50 to 60 walk-ins every day. We don't share any revenue with the university and only pay them a monthly rent for the space occupied.
- The cafes were closed and opened in multiple phases in the past two years due to the pandemic.
- The revenue from the two cafeterias cumulates to the other 50 percent of the company's total revenue.
- Along with the proceeds from the business loan, the owner will use a part of the company's profits to open a large cafeteria in another university. Some parts of the loan will also be used for funding working capital requirements. The valuation is based on our own estimate.
Products & Services Overview
Our services include:
- Customised cakes, cupcakes and other bakery products that are tailor-made as per customers' orders.
- Our full fledged 3,200 sq. ft. cafeteria serves a variety of vegetarian and non-vegetarian dishes and sacks in North Indian, South Indian and continental cuisines. We also serve a variety of hot and cold beverages such as coffee and juices.
- Our counter in the other university in Ahmedabad serves a variety of vegetarian snacks and bakery products.
Assets Overview
Physical assets include:
- Bakery equipment, oven and other machinery.
- Kitchen equipment such as freezers, refrigerators, etc in the cafeteria and counter.
- Furniture and interior fittings.
Facilities Overview
- The business runs operations from a rented facility spread across 1,000 sq. ft. The facility is used as a kitchen for fulfilling custom cake orders, cooking snacks and baking products for the counter and office space.
- Our business has also rented a 3,200 sq. ft space in a university in Ahmedabad to run the university's cafeteria.
- We have another small rented counter in another university in Ahmedabad which sells bakery products and vegetarian snacks.
Capitalization Overview
Currently, business is funded with the director's personal capacity and with the overdraft facility of the bank. There is only one director in the company currently.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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