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Cafe Seeking Loan in Allahabad, India

Cafe based in Allahabad, receiving 150+ daily customers, seeking funds to set up a new branch.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 57 thousand
EBITDA Margin 35 %
Industries Cafes
Locations  Allahabad
Local Time 7:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 8.3 thousand for 9.0% annual interest, 4 years (Native Currency: INR 700,000)
Reason: Seeking funds to expand the business by setting up a new branch in Lucknow.
Collateral Available: USD 0
Includes physical assets worth USD 26 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Cafe based in Allahabad serves coffee, tea, sandwiches, beverages, and pizzas.
- Located in Civil Lines near shopping malls, schools, and coaching centers.
- We are a youth-oriented cafe and receive a daily footfall of 150-200.
- Have a seating capacity for 38 people.
- Partnered with Swiggy and Zomato for online orders and have a rating of 4 / 5 and 4.1 / 5 respectively.
- Online orders contribute to 30% of our revenue.
- Our cafe has been awarded by Inext Food awards as the best cafe in our city.
- We will see a high sales growth since we partnered with Swiggy and Zomato only this year. Also, many new businesses such as shopping malls and coaching centers have started around our cafe, thus bringing in more customers.
- Business owned assets include coffee machines, freezers, furniture, and kitchen equipment.
Products & Services Overview
Burgers, cappuccino, cafe latte, cafe mocha, hot chocolate, at least 15 variety of shakes, different variety of sandwiches, pizzas, and rolls.
Facilities Overview
Rented property with a built-up area of 700 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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