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Bakery Seeking Loan in Cebu City, Philippines

Profitable and growing business sells cakes and pastries to customers across Cebu, Philippines.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 31.5 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 25 %
Industries Bakeries
Locations  Cebu City
Local Time 9:29 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 25.6 thousand for 10.0% annual interest, 5 years (Native Currency: PHP 1,500,000)
Reason: To set-up a physical store and add new equipment.
Collateral Available: USD 850
Includes physical assets worth USD 850
Interested to connect with advisors
Documents
Business Overview
- Milktea and cake business is one of the fastest-growing and profitable businesses in the Philippines.
- Business is being operated from home to keep the expenses low.
- Our customers include restaurant employees, mall employees, schools, students, construction workers, office staff.
- Registered on multiple online delivery portals such as Foodpanda.
- We receive 70-90 orders per day.
- Everything is manufactured in-house and the promoter has a good experience in the cake business.
Products & Services Overview
Cakes and pastries.
Milktea fruit.
Cake jars.
Cake slices.
Assets Overview
Milk tea equipment, baking equipment, mixer, sealer, oven.
Facilities Overview
Operating from home at the moment. Have found a good location to set-up the shop.
Capitalization Overview
Not Disclosed
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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