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Catering Business Seeking Loan in Lucknow, India

Catering and restaurant business in Lucknow requiring investment to open a bar and restaurant.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 180 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants + 1 more
Locations  Lucknow
Local Time 12:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 20.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: The investment is required to open a bar and another restaurant in Lucknow.
Collateral Available: USD 180 thousand
Includes physical assets worth USD 120 thousand
Business Overview

- A catering and restaurant business located in Lucknow that has been operating since 2012.

- Restaurant serves veg and non-veg Indian and Chinese cuisine.

- It has a maximum seating capacity of 40 pax.

- We have Swiggy as our online delivery partner.

- The total income we earn from online deliveries and customers in our restaurant is Rs. 60,000 per month.

- For the catering business we cover weddings, receptions, conferences and corporate events.

- We have 50 regular customers and 75 on and off customers.

- There are 3 kitchens located across Lucknow where the food is prepared.

- 70% of our total revenue comes from the catering business.

Products & Services Overview

Outdoor Catering Services, Restaurant serving Indian and Chinese cuisine, Home delivery.

Facilities Overview

There are 3 kitchens in Lucknow.

- The central kitchen is 4,000 Sq. Ft. and is rented.

- The second kitchen is 1,200 Sq. Ft. and is rented.

- The third kitchen is 4,000 Sq. Ft. and is the own property of the owner. It is not owned by the business.

The restaurant is rented and has a built up area of 5,500 Sq. Ft.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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