Catering Business Seeking Loan in Port of Spain, Trinidad and Tobago
Profitable restaurant with good service and ideal location is seeking funds to expand the business.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 32 thousand |
| Run Rate Sales | USD 19.4 thousand |
| EBITDA Margin | 40 % |
| Industries | Fast Food Restaurants + 1 more |
| Locations | Port of Spain |
| Local Time | 10:21 PM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
22 thousand
for
15.0%
annual interest,
3
years
(Native Currency: TTD 150,000)
Reason: The business requires funds to add more locations.
Collateral Available: USD 440
Includes physical assets worth
USD
14.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Restaurant and catering business based in Port of Spain.
- We are currently doing 20-30 lunches a day and can do so much more once we receive funds, on-board an investor, or enter into a partnership.
- People are talking about how great the food is and the service we offer, and it's growing every day. The business location is ideal with over 500,000 commuters passing on a daily basis, coming on-board our business will be a big win for all parties.
- We advertise through social media and word of mouth.
- Right now most clients come for dine-in but catering contracts bring in a lot of revenue.
- We want to expand our dine-in ops to get famous and acquire catering contracts to ensure a good cash flow.
- The spread of Covid led to an overall trend of customers not eating out, a fall in tourists and catering contracts which hugely impacted our revenues.
- We are currently doing 20-30 lunches a day and can do so much more once we receive funds, on-board an investor, or enter into a partnership.
- People are talking about how great the food is and the service we offer, and it's growing every day. The business location is ideal with over 500,000 commuters passing on a daily basis, coming on-board our business will be a big win for all parties.
- We advertise through social media and word of mouth.
- Right now most clients come for dine-in but catering contracts bring in a lot of revenue.
- We want to expand our dine-in ops to get famous and acquire catering contracts to ensure a good cash flow.
- The spread of Covid led to an overall trend of customers not eating out, a fall in tourists and catering contracts which hugely impacted our revenues.
Products & Services Overview
We cook Jamaican, Caribbean, Creole, and international cuisines; we do pastries as well and are looking to do much more.We deliver the food to our customers as well.
Assets Overview
2 fridges, 2 freezers, a warmer, 2 jerk pans, numerous pots and pans.The owner owns half of the building they are renting.
Facilities Overview
Rented single-floor premises, recently renovated, and we added a jerk center and an outside shed to it. So, it's now two kitchens, a service area, and a prep area.The premises can accommodate 6-8 working staff and almost 50 customers.
Capitalization Overview
Not Disclosed
Tags:
Fast Food Restaurant Seeking Loan in Port of Spain, Trinidad and Tobago
·Catering Business Seeking Loan in Port of Spain, Trinidad and Tobago
·Lend to Fast Food Restaurant in Port of Spain, Trinidad and Tobago
·Fast Food Restaurant Seeking Loan in Macoya, Trinidad and Tobago
·Lend to Catering Business in Port of Spain, Trinidad and Tobago
·Catering Business Seeking Loan in Macoya, Trinidad and Tobago
·Lend to Fast Food Restaurant in Macoya, Trinidad and Tobago
·Lend to Catering Business in Macoya, Trinidad and Tobago
·QSR Seeking Loan in Port of Spain, Trinidad and Tobago
·Lend to QSR in Port of Spain, Trinidad and Tobago
·QSR Seeking Loan in Macoya, Trinidad and Tobago
·Lend to QSR in Macoya, Trinidad and Tobago
·Fast Food Restaurant Seeking Loan
·Catering Business Seeking Loan
·Lend to Fast Food Restaurant
·Lend to Catering Business
·QSR Seeking Loan
·Lend to QSR
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