Bar Seeking Loan in Nagpur, India
Bar & restaurant in high-footfall area with 200 customers/day and 240 pax seeks loan.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 142 thousand |
| EBITDA Margin | 40 % |
| Industries | Restaurants + 1 more |
| Locations | Nagpur |
| Local Time | 12:16 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
260 thousand
for
10.0%
annual interest,
15
years
(Native Currency: INR 22,000,000)
Reason: The primary reason for seeking a loan for the bar & restaurant business is to fund the renovation of...
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Collateral Available: USD 590 thousand
Includes physical assets worth
USD
23.6 thousand
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Business Overview
- Top-selling products and services include signature cocktails and gourmet dishes, featuring a diverse menu from continental to Indian cuisine, specifically vegetarian.
- The signature cocktails and gourmet dishes are meticulously crafted by expert mixologists and chefs, using high-quality ingredients to ensure exceptional taste and presentation.
- Clientele: Regular clientele consists of locals, tourists, and business professionals, with an average daily footfall of 200 customers, which increases during weekends and special events.
- Revenue streams: Revenue is generated through sales of signature cocktails, gourmet dishes, private event bookings, and strategic partnerships with local businesses for promotional events and sponsorships.
- Experienced leadership: Led by a seasoned entrepreneur with over 10 years of experience in the hospitality industry, specializing in crafting unique dining experiences.
- Strong business relationships: Robust partnerships with local suppliers ensure a steady supply of high-quality ingredients, while collaborations with event planners, hotels, and corporate clients enhance private event bookings and corporate tie-ups.
- Seating capacity: Accommodates up to 240 guests.
- Comprehensive licenses: Fully compliant with trade, GST, liquor, and FSSAI regulations.
- The signature cocktails and gourmet dishes are meticulously crafted by expert mixologists and chefs, using high-quality ingredients to ensure exceptional taste and presentation.
- Clientele: Regular clientele consists of locals, tourists, and business professionals, with an average daily footfall of 200 customers, which increases during weekends and special events.
- Revenue streams: Revenue is generated through sales of signature cocktails, gourmet dishes, private event bookings, and strategic partnerships with local businesses for promotional events and sponsorships.
- Experienced leadership: Led by a seasoned entrepreneur with over 10 years of experience in the hospitality industry, specializing in crafting unique dining experiences.
- Strong business relationships: Robust partnerships with local suppliers ensure a steady supply of high-quality ingredients, while collaborations with event planners, hotels, and corporate clients enhance private event bookings and corporate tie-ups.
- Seating capacity: Accommodates up to 240 guests.
- Comprehensive licenses: Fully compliant with trade, GST, liquor, and FSSAI regulations.
Products & Services Overview
Our bar & restaurant's top-selling products and services include signature cocktails and gourmet dishes. These offerings cater to a diverse clientele, including locals, tourists, and business professionals, who frequent the establishment for social gatherings, celebratory events, and upscale dining experiences.We serve vegetarian cuisine only.
Assets Overview
Tangible Assets:Furniture and Fixtures,
Kitchen Equipment,
Bar Equipment.
Security Systems.
Intangible Assets.
1. Licenses and Permits.
2. Customer Database.
3. Supplier Relationships.
4. Reputation and Goodwill.
Facilities Overview
Boasts a spacious built-up area of 2,300 square feet, spread across two floors.Number of floors: 2.
The property belongs to the proprietor.
Located in Ram Nagar Square in Nagpur's premier area,
Capitalization Overview
Currently, the business is entirely self-funded, with no debts, loans, or outstanding financial obligations. There are no external shareholders or owners involved in the business, as it is solely owned by a single individual with 100% ownership. This ownership structure provides full control and autonomy over the business operations and financial decisions, allowing for flexibility and strategic planning without the need for external financing or shareholder agreements.
Recent Activity
-
Earlier than 15 daysManaging Partner, Thane, Financial Consultant connected with the Business
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