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Bar Seeking Loan in Kolkata, India

Bar and restaurant in Kolkata that has a seating capacity of 72 pax, seeks loan.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 230 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 25 %
Industries Restaurants + 1 more
Locations  Kolkata
Local Time 10:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 230 thousand for 12.0% annual interest, 10 years (Native Currency: INR 20,000,000)
Reason: Seeking a loan to open a new bar cum restaurant.
Collateral Available: USD 11.6 thousand
Includes physical assets worth USD 58 thousand
Interested to connect with advisors
Business Overview
- We are a bar and restaurant for a specific group of people successfully running in Kolkata.
- We serve Chinese, continental, seafood, and Mughlai cuisines as well as liquor.
- We have obtained all the required licenses for running a bar.
- Our restaurant has a seating capacity of 72 pax.
- On average, we receive 120 orders per day including both online and offline, the average order value is INR 500.
- We plan to open a new bar cum restaurant in Kolkata itself. We have identified the place which has bar license and it covers an area of 7,000 sq. ft. We intend to take it up on a long term lease.
- The promoter is involved in the food trade for the last 38 years and is a hotel management graduate.
Products & Services Overview
Serve Chinese, continental, seafood, and Mughlai cuisines as well as liquor.
Assets Overview
Furniture, fixtures and other equipment required to run bar and restaurant.
Facilities Overview
Currently, we are operating in a 3,000 sq. ft. area. The outlet is on lease.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Kolkata, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Textile, Hooghly, Corporate Investor / Buyer connected with the Business
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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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