Need help?

Bar Seeking Loan in Nhavare, India

Need business loan for Nhavare restaurant, with 100 customers daily and INR 400 AOV.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 41 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 15 %
Industries Restaurants + 1 more
Locations  Nhavare
Local Time 3:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 20.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Proprietor needs the funding as he is unable to secure bank loans due to his low CIBIL score. The fu... View More
Collateral Available: USD 0
Includes physical assets worth USD 117 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
FSSAI License
Business Overview
1. Established restaurant and bar based in Nhavare, Maharashtra.
2. We have a 40-50 seating capacity and receive 100 customers per day.
3. Average Order Value (AOV) of INR 400 per table.
4. Located in a commercial area with all necessary licenses (Bar License and FSSAI License).
5. Offer a wide range of liquor drinks and vegetarian/non-vegetarian food.
6. Built a strong reputation in the locality for their quality products and services.
Products & Services Overview
Our products include liquor drinks and veg nonveg food are available.
Assets Overview
Our assets include the restaurant land and building, refrigerator, kitchen equipment, and generator.
Facilities Overview
The restaurant property is owned and on 1,500 sq ft land area on Shirur Chaufula road, Nhavare.
Capitalization Overview
Business is completely self-funded by the proprietor, and it has no current outstanding loans.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor viewed this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more