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Cloud Kitchen Seeking Loan in Cebu City, Philippines

Food business accepting more than 20+ orders daily with a strong customer base.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 4 thousand
EBITDA Margin 10 %
Industries Food Delivery + 1 more
Locations  Cebu City
Local Time 1:56 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.7 thousand for 10.0% annual interest, 3 years (Native Currency: PHP 100,000)
Reason: To grow the business and regain our old store.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
Documents
Business Overview

- Serve Indonesian and Asian food to our clientele. We also serve sizzlers. Our food is extremely affordable and the mark-up from the cost price of the produce is approximately 50-75%.

- Currently, we do not have a physical store and only accept orders through phone call and text messages.

- The restaurant has one chef and one delivery staff member.

- Before we lost the store, due to the ongoing pandemic, our primary clientele was school students since our food stall was located next to 2 – 3 schools.

- Currently, we receive 20+ orders on a daily basis.

- Have an active Facebook page where we have displayed the contact details required to make the orders. We also promote the business through regular campaigns on our Facebook page.

Products & Services Overview

We serve Indonesian, Asian food and sizzlers. Some of our popular food items include fried chicken, chicken teriyaki, chicken and pork sisig, pork belly and burger steak.

Assets Overview

The kitchen equipment and that includes a fridge, stove and oven.

Facilities Overview

We currently operate from home since we lost our physical store.

Capitalization Overview
Not Disclosed
Recent Activity
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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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