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Cloud Kitchen Seeking Loan in Chennai, India

Cloud kitchen serving veg and non-veg food via online orders seek loan to set-up restaurant.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 4.3 thousand
EBITDA Margin 10 %
Industries Cloud Kitchens
Locations  Chennai
Local Time 6:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.4 thousand for 10.0% annual interest, 1 year (Native Currency: INR 200,000)
Reason: To open a small restaurant to serve walk-in customers, corporate orders and online orders.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 600
Documents
FSSAI Certificate
Business Overview

- Business started with food orders for corporate, functions and events, have now transformed into a cloud kitchen to serve online orders.

- We serve veg and non-veg food with mushroom, soya, gobi, egg, chicken, mutton, crab, prawns, fish options.

- Registered on Zomato, Swiggy and Dunzo for online orders.

- We receive 5-6 orders on weekdays and 10-20 orders on weekends.

- Our operation timing is between 3 PM to 8 PM.

- Looking for nearby locations to setup the restaurant.

- Business owns kitchen equipment.

Products & Services Overview

We serve breakfast, lunch, snacks, dinner, evening snacks through online orders.

We used to undertake food orders for events and corporate but are currently stopped due to space restrictions. Planning to set up a small restaurant to serve walk-in customers, corporate orders, and online orders.

- Last year the business was non-operational due to the pandemic.

Facilities Overview

Operating from a rental house with necessary equipment.

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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