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Cloud Kitchen Seeking Loan in Bangalore, India

Bangalore-based cloud kitchen company providing fast-food items seeks funds for business operations.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 22.7 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 25 %
Industries Cloud Kitchens
Locations  Bangalore
Local Time 6:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Funds will be used for the working capital of the business and developing a mobile app for the brand... View More
Collateral Available: USD 6 thousand
Includes physical assets worth USD 6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our business is a cloud kitchen serving western fast foods, Southern Indian cuisine with beverages.
- The business has completed more than 5,000+ orders so far.
- On average, the business receives around 35 to 50 orders per day.
- We have 2 outlets in the city for food takeaway.
- Each outlet has 2 cooks, 2 staff members for cooking and delivery of the food.
- Business is associated with Zomato and Swiggy for online food delivery orders. The business also has in-house delivery services.
- Our business was affected by the Covid lockdown but we are recovering very well now.
- The promoter has 4 years of experience in the cloud kitchen business.
- Business operates in the approved margins and had a good revenue in the last 4 months.
- Our business has not taken any kind of business loan and does not have any outstanding balance so far.
Products & Services Overview
We provide cuisines like fast foods and southern Indian.
Assets Overview
2 large gas stoves, cooking utensils, packing boxes, 4 CCTV cameras, 2 refrigerators, 2 deep freezers, 4 tools, and fixtures.
Facilities Overview
We have 2 rented outlets both in 500 sq ft spaces. The rent for both the outlets is INR 30,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
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4 Investors already contacted this Business. Register below to connect now!
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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