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Catering Company Seeking Loan in Noida, India

B2B vertically integrated catering startup in Noida seeks working capital financing.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 245 thousand
EBITDA Margin 23 %
Industries Catering
Locations  Noida
Local Time 3:33 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 20.4 thousand for 24.0% annual interest, 5 years (Native Currency: INR 1,800,000)
Reason: To neutralize our existing credit line and bank overdraft of Rs. 5 Lakh. It will also be used as wor... View More
Collateral Available: USD 0
Includes physical assets worth USD 10.2 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- A food catering business based in Noida.
- We cater to the B2B market and our clients include corporate offices and co-living spaces.
- We serve veg and non-veg breakfast, lunch and dinner.
- Have 8 clients currently.
- Have 3 kitchens in Noida, Gurgaon and Delhi.
- Physical assets include kitchen equipment and setup.
- Operations began this year, hence sales for last year is 0.
- Founders are IIT-IIM A alumni.
- There is a 45 day credit period after which our clients pay us for the services provided. Funds will be used as working capital during this period.
Products & Services Overview
Food catering business serving veg and non-veg breakfast, lunch and dinner.
Facilities Overview
We have 1 kitchen in Noida, 1 kitchen in Gurgaon, 1 kitchen in North Campus Delhi, and office in Noida Sector 63. All properties are rented.
Capitalization Overview
Not Disclosed
Recent Activity
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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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