Cafe Seeking Loan in Singapore, Singapore

Business seeking funds to expand operations of a Japanese restaurant in central business district.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 100 thousand
EBITDA Margin
32 %
Industries
Local Time
12:39 PM Singapore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 250 thousand for 10.0% annual interest, 3.0 years (Native Currency: SGD 350,000)
Reason: Upgrade from cafe to restaurant for fine dining to max income at SGD 300,000 a year.
Collateral Available: USD 250 thousand
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Cafe based in Singapore and wants to upgrade to fine dine restaurant with a bar.

- Currently has a seating capacity of 15 pax and are planning to upgrade to a 40 seat restaurant.

- We are planning B2B partnership with corporate firms for discount deals, promotional meal sets for lunch and diners.

- The business is currently growing at an yearly rate of 15 to 25%, and we are incorporating online marketing strategies to increase more corporate and executives' footfall in our cafe.

Products & Services Overview

- Serve authentic, traditional Japanese cuisine.

- Dine in only for office executives working in the near by office blocks in the central business and banking district with local and Japanese clients.

Facilities Overview
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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