Cafe Seeking Loan in Kulhudhuffushi, Maldives
Maldivian catering business seeks investor to expand into the catering industry.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 234 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Cafes + 1 more |
| Locations | Kulhudhuffushi |
| Local Time | 9:02 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
65 thousand
for
15.0%
annual interest,
1
year
(Native Currency: MVR 1,000,000)
Reason: We are looking to expand our catering services and operations while securing working capital and ren...
View More
Collateral Available: USD 130 thousand
Includes physical assets worth
USD
53 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Registration
(720.6 KB)
Tax Certificate
(123.7 KB)
SME Registration Certificate
(281.6 KB)
Bank Statement - Past 6 Months
(1.8 MB)
Income Statement
(53.1 KB)
Statement of Financial Position
(49.0 KB)
Business Overview
With over 30 diverse construction tender projects and catering events completed in just three years, the company is currently engaged in high-level projects within its business location. Focused on delivering quality and assurance, it is eager to take on larger-scale projects moving forward. Some of the key completed projects include:
1. Catering services for Youth Day activities 2 years back.
2. Catering for the president and vice president’s tours to Kulhudhuffushi City since 3+ years.
3. Catering services for the “Ramadan Ihyaa Forum” in Kulhudhuffushi City since 3 years.
4. Catering services for the Victory day ceremony in Kulhudhuffushi City since 3 years.
The sales are expected to increase during the peak seasons this year. The company looks forward to tackling even larger projects, always prioritizing quality and client satisfaction.
1. Catering services for Youth Day activities 2 years back.
2. Catering for the president and vice president’s tours to Kulhudhuffushi City since 3+ years.
3. Catering services for the “Ramadan Ihyaa Forum” in Kulhudhuffushi City since 3 years.
4. Catering services for the Victory day ceremony in Kulhudhuffushi City since 3 years.
The sales are expected to increase during the peak seasons this year. The company looks forward to tackling even larger projects, always prioritizing quality and client satisfaction.
Products & Services Overview
Our business specializes in construction, catering services, and rental services. Currently, we have four subsidiaries under the main business which are:1. The main business activity is focused on construction services and our cafes.
2. Café 1 - specializes in catering service.
3. Cafe'2 - café conceptualized as an island café for catering service.
Both the cafes offer multi-cuisine options and specialize in local, Indian and Italian cuisines.
Although we are involved in multiple activities, the majority of our revenue comes from our cafes, followed by our construction services.
Assets Overview
Tangible assets:2 pickups.
1 van.
3 motorcycle.
1 speed boat.
Facilities Overview
- 1 construction go-down. (1,950sqft)- 2 cafes/restaurants (2,000sqft each approximately)
- 1 office space (700sqft approximately)
- 4 go-downs.
All these facilities are rented except the construction go-down.
Capitalization Overview
1 bank loan.2 friends who invested in the business (defined as anonymous investors).
Sales from both cafes and revenue collection from all business activities.
Sales from construction projects.
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysSenior Investment Banking Executive, Investment Banking, Atlanta, Corporate Investor / Buyer connected with the Business
Tags:
Interior Design & Architecture Seeking Loan in Kulhudhuffushi, Maldives
·Lend to Interior Design & Architecture in Kulhudhuffushi, Maldives
·Burger Joint Seeking Loan in Kulhudhuffushi, Maldives
·Coffee Shop Seeking Loan in Kulhudhuffushi, Maldives
·Cafeteria Seeking Loan in Kulhudhuffushi, Maldives
·Tea Room Seeking Loan in Kulhudhuffushi, Maldives
·Lend to Burger Joint in Kulhudhuffushi, Maldives
·Lend to Coffee Shop in Kulhudhuffushi, Maldives
·Cafe Seeking Loan in Kulhudhuffushi, Maldives
·Lend to Cafeteria in Kulhudhuffushi, Maldives
·Lend to Tea Room in Kulhudhuffushi, Maldives
·Interior Design & Architecture Seeking Loan
·Lend to Cafe in Kulhudhuffushi, Maldives
·Lend to Interior Design & Architecture
·Burger Joint Seeking Loan
·Coffee Shop Seeking Loan
·Cafeteria Seeking Loan
·Tea Room Seeking Loan
·Lend to Burger Joint
·Lend to Coffee Shop
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
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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