Need help?

Catering Business Seeking Loan in Kingston, Jamaica

Restarting Jamaican catering business with new facility, seeking investment to relaunch and grow operations.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 630
Run Rate Sales Nil
EBITDA Margin Nil
Industries Catering
Locations  Kingston
Local Time 10:25 PM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 6.3 thousand for 10.0% annual interest, 1 year (Native Currency: JMD 1,000,000)
Reason: The funds will go toward acquiring fixtures for the facility, upgrading cooking equipment, and purch... View More
Collateral Available: USD 44 thousand
Includes physical assets worth USD 47 thousand
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Operates a catering business specializing in Jamaican cuisine.
- Previously active but operations were discontinued 6 years ago due to financial constraints.
- Currently in the process of restarting the business with renewed focus and setup.
- Recently acquired a facility to support catering operations and future growth.
- Plans to serve events, parties, and corporate clients with authentic Jamaican food offerings.
- Business is in the process of re-registration as operations are being re-established.
Products & Services Overview
Core offerings will include Jamaican cuisine catering services, targeting event organizers, corporate clients, and private customers.
Assets Overview
The business owns tangible assets including a 100 sqm facility, a four-burner stove, two tabletop gas burners, a microwave, a toaster oven, a deep freezer, two gas cylinders, a percolator, and a stovetop griddle.
Facilities Overview
The will restart operations from a self owned facility in.
Capitalization Overview
No funding currently, business needs registration, placing and finance.
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 viewed this Business this week. 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

    Chat with Us
    Welcome to SMERGERS