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Catering Business Seeking Loan in Visakhapatnam, India

Catering solutions with strong reputation needs funding to setup food court on Beach Road.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 112 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 10 %
Industries Catering
Locations  Visakhapatnam
Local Time 2:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 33.5 thousand for 10.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: To setup food court at the beach road.
Collateral Available: USD 0
Includes physical assets worth USD 5.6 thousand
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Business Name
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Business Overview
- Located in Visakhapatnam, the business specializes in providing high-quality indoor and outdoor catering services.
- The company serves a diverse range of clients, including Kendriya Vidyalaya Sangathan, IRCTC, Regional Transport Authority, and The Hindu, showcasing its strong reputation in the area.
- Catering to approximately 15-20 orders every month, the business effectively meets the demands of various events and functions.
- The extensive client base indicates a robust market presence and credibility in the catering industry.
- Their services are ideal for corporate events, weddings, and other large gatherings, making them a go-to choice for both indoor and outdoor catering needs.
- The business generates revenue by providing customized catering packages that accommodate different budgets and event sizes, ensuring significant customer satisfaction.
- Operates with a valid GST certificate.
Products & Services Overview
The business’s top-selling offerings are its indoor and outdoor catering services, along with customized catering packages for events of all sizes. These services are widely used by schools, government bodies, corporates, and private clients.
Assets Overview
Tangible assets include:
- Kitchen set up.
Facilities Overview
The business operates from a rented facility in Vishakapatnam.
Capitalization Overview
- Sole proprietorship.
- No loans or debts.
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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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