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Catering Business Seeking Loan in Kochi, India

Cloud kitchen business that serves 1,000+ meals daily seeks funds for digital and retail expansion.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 10 %
Industries Catering
Locations  Kochi
Local Time 6:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 13 thousand for 20.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Business expansion. The loan repayment will commence 3 months after receiving the loan amount.
Collateral Available: USD 20 thousand
Includes physical assets worth USD 20 thousand
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Business Name
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Business Overview

- Six years experience in event catering, corporate mess, and retail food counters.

- Clients include ICICI bank, IBIS hotels, Novotel Hotels, Lulu Grand Hyatt Hotels, Sacred Heart College in Thevara, Muthoot Football Academy, GERMS School Kakanad, and Lavender Group of Hostels.

- We have a small sales team that acquires clients.

- We run an employee/student mess service and have been catering to the above-mentioned clients for the last 4 years.

- Clients pay us on a monthly basis.

- Now we want to expand our business to online and direct retail business. Our website is currently under development.

- The sales are rocky and our monthly revenue tends to fluctuate.

Products & Services Overview

Provide breakfast, lunch, snacks, and dinner to our client employee/student group as per the given menu.

Now we are into online food delivery through our own website, Swiggy, Zomato, and through our direct sales counter all over cochin city.

Assets Overview

All kitchen equipment, utilities, building furniture, and deposits.

Facilities Overview

We have a rented cloud kitchen of 5,000 sq feet and equipment with a production capacity of 1,000 meals per day.

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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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