Bakery Seeking Loan in Perungalathur, India
Cafe with a seating capacity of 12 seeks a loan for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 24 thousand |
| EBITDA Margin | 20 % |
| Industries | Cafes + 1 more |
| Locations | Perungalathur |
| Local Time | 5:37 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
8.8 thousand
for
12.0%
annual interest,
1
year
(Native Currency: INR 800,000)
Reason: Need funds to set up one more outlet, to purchase machinery, kitchen equipment and cake baking setup...
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Collateral Available: USD 46 thousand
Includes physical assets worth
USD
14.3 thousand
Interested to connect with advisors
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Business Name
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Business Overview
• Located in Perungalathur which is a heavily populated vegetarian area with paying guests nearby.
• Seating capacity of 12 with an average daily footfall of 15 customers.
• Not yet registered in online platforms. Potential to expand the business further through online platforms.
• Maintains quality of the food and only serves vegetarian dishes.
• Experienced staff of three including a chef, assistant and manager.
• Physical value is high because we have all kitchen equipment and machinery.
• Seating capacity of 12 with an average daily footfall of 15 customers.
• Not yet registered in online platforms. Potential to expand the business further through online platforms.
• Maintains quality of the food and only serves vegetarian dishes.
• Experienced staff of three including a chef, assistant and manager.
• Physical value is high because we have all kitchen equipment and machinery.
Products & Services Overview
Pizza, burgers, sandwiches, fresh juices, shakes, soups, bakery products and continental foods.
Assets Overview
Kitchen equipment, furniture, hot & cold counters.
Facilities Overview
It is located on the south side of the city on rented premises on the ground floor and we pay a rent of INR 34,000 and paid advance amount of INR 10,00,000. Total area around 700 sq. ft.
Capitalization Overview
It is a sole proprietor firm. The business is funded by a bank loan. Currently, the business has a loan of INR 6.5 lakhs outstanding.
Recent Activity
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·Newly Established Cafe Seeking Loan in Perungalathur, India
·Lend to Newly Established Cake Shop in Perungalathur, India
·Lend to Newly Established Cafeteria in Perungalathur, India
·Lend to Newly Established Tea Room in Perungalathur, India
·Lend to Newly Established Bakery in Perungalathur, India
·Lend to Newly Established Cafe in Perungalathur, India
·Newly Established Burger Joint Seeking Loan
·Newly Established Coffee Shop Seeking Loan
·Newly Established Bagel Shop Seeking Loan
·Newly Established Cake Shop Seeking Loan
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