Cafe Seeking Loan in Humble, United States

Retail coffee shop operating 2 outlets, plans to open the 3rd one very soon.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 540 thousand
EBITDA Margin
Operating at loss
Industries
Local Time
7:58 PM Humble
Listed By
Business Owner / Director
Status
Responsive
Overall Rating
Seeking Loan
USD 100 thousand for Undisclosed annual interest, 4.0 years (Native Currency: USD 100,000)
Reason: Other rates considered. Consolidate some debt, fund build out of 3rd location, hiring, marketing. WI... View More
Collateral Available: USD 275 thousand
Includes physical assets worth USD 65 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Our retail coffee shops are located in a shopping area and also inside a grocery store.

- Our first outlet is located in a shopping area which has a seating capacity for 80 customers.

- We have tied up with a popular grocery store in Texas and have opened one of our coffee shop in their premises and are now opening a second one in their grocery store which is located in a different area.

- Both these 2 outlets would only have take-away services.

- This will bring us a total of 3 coffee stores in 3 different locations.

- Apart from our fixed employees, we have a total of 12 temporary staff.

- Founder has over 8 years of industry experience.

Products & Services Overview

Coffee, Fresh roasted coffee, coffee drinks, cold brew coffee, New Orleans style beignets, sweet and savory crepes, home made pastries daily, t-shirts, hats, coffee brewing equipment.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Sales Representative - Business Financing, New York, Financial Advisor connected with this business
  • Earlier than 15 days
    Managing Director, Austin, Financial Advisor connected with this business
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Coffee Shop Seeking Loan in Humble, United States

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Disclaimer: SMERGERS is a 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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