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Bakery Seeking Loan in Mumbai, India

Established bakery with 50% online sales and a footfall of 30-40 per day.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 28 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 30 %
Industries Bakeries
Locations  Mumbai
Local Time 5:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 12.0% annual interest, 4 years (Native Currency: INR 1,000,000)
Reason: We recently opened another branch in a village that unfortunately incurred losses and got shut down ... View More
Collateral Available: USD 0
Includes physical assets worth USD 4.7 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The bakery specializes in selling cakes, biscuits, and cookies with half kg cakes being their best-selling product.
- The starting price of products is INR 300.
- The business has established tie-ups with 5 nearby corporate clients to cater their events.
- The bakery has a loyal customer base, with some customers patronizing the business for over 5 years.
- The daily footfall averages at around 30-40 customers.
- Online orders through a tie-up with Winnie contribute to 50% of the bakery's sales, with the other half being in-store sales.
- The bakery undertakes deliveries within a 10km radius of the store.
- It has a total seating capacity of 10-15 customers.
- The business is operated by a total workforce of 7 including part-time workers, including the owner with 3 years of experience, and a family member with 5 years of experience in the industry.
- We have all the necessary licenses and approval to operate including the FSSAI license.
Products & Services Overview
A bakery shop selling a variety of products including:
- whole cakes of various sizes.
- cookies.
- biscuits.
- pastries.
Assets Overview
The tangible assets include all the necessary kitchen equipment and appliances needed to bake including:
- 2 Ovens.
- 2 baking machine.
- 2 Fridges.
Facilities Overview
- The cake shop is located in Chandivali farm road, Mumbai and has a total area of 600 Sq ft spanning across the ground floor and half of the first floor.
- The rent paid is INR 20,000 per month.
Capitalization Overview
The business is run by a sole proprietor with 100% ownership.
There are no debts or liabilities under the company's name.
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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