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Bar Seeking Loan in Leyte, Philippines

Restaurant located on the main road receiving 20 customers daily seeks a loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 21.5 thousand
Run Rate Sales USD 21.5 thousand
EBITDA Margin 30 %
Industries Restaurants + 1 more
Locations  Leyte
Local Time 6:17 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 45 thousand for 10.0% annual interest, 5 years (Native Currency: PHP 2,500,000)
Reason: Need funds to improve the restaurant infrastructure.
Collateral Available: USD 72 thousand
Includes physical assets worth USD 9 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We receive around 20 customers daily.
- The seating capacity of the restaurant is 32 pax.
- Events such as comedy shows and videoke take place.
- We serve alcohol as well and generate equal sales from serving both alcohol and food.
- Have received a 5-star rating for cheaper prices and good services. Got excellent feedback from all the clients.
- Restaurant has 2 waitresses, 1 cook, 1 security, 1 receptionist, and 1 manager.
Products & Services Overview
The restaurant serves food, and beer.
Events like videoke, and comedian shows.
Assets Overview
Tangible assets include restaurant setup, billing system, and kitchen equipment.
Intangible assets include bar license.
Facilities Overview
The restaurant is located in the center of the city on a 70 sqm area. It is own property which is not part of the transaction.
Capitalization Overview
- Single business owner.
- Business has no debts or liabilities.
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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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