Cloud Kitchen Seeking Loan in Chennai, India

Multi cuisine Table BBQ Restaurant Bar and club seeking Preferential Equity.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 270 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants + 2 more
Locations  Chennai
Local Time 7:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 15.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: We want preferential equity for the company amounting to INR 2cr which will be paid 15 percent annua... View More
Collateral Available: USD 130 thousand
Includes physical assets worth USD 330 thousand
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Business Overview

We are group of Multicuisine / BBQ Restaurant / Recreation Club and Bar (in final stages of licensing to commence in 30 to 45 days) in Chennai and in most happening place and business locality.

The multicuisine restaurant has a seating capacity of 45 pax and BBQ restaurant 60 pax and Permit room 60 pax and three pool tables for customers and a recreation club license with scope for expansion and branching.

The average foot fall is around 100 in Multicuisine restaurnant and 80 in BBQ restaurant and we anticipate 120 in Bar and snooker and pool tables at 10 plus hours booking.

We are exclusive on zomato platform and Zomato gold and recently signed a contract with them for an assured online business of Rs. 1.50 crores this year ending Dec19 and we will increase to Rs. 3.50 to Rs. 4 crores in the next year.

The software we have is integrated with Zomato so the orders are direct flowing from customer to kitchen without any human intervention there by reducing time delay etc.

We are at No. 3 spot in Chennai in terms of Zomato order volumes and online business in continuously growing.

The promoters have a combined experience of over 20 years in the line.

We are identified as one of the preferred restaurant partner of Zomato to open 10 more cloud kitchen or dark kitchen outlets across Chennai there by scope of increasing the business to multi-fold in the time to come. which will be mostly happening in the next 12 months time. Which will give scope to migrate to a model of moving to centralized kitchen there reducing cost and increasing profits.

Besides we also do party orders / corporate party orders / and hook on catering orders to increase our sales.

Products & Services Overview

Multi cuisine Restaurant, Table BBQ restaurant Party orders, Marriage catering, hook on catering orders, Resto bar, Industrial catering, Recreation, Snooker club, Club member relations.

Facilities Overview

Restaurant with total built up area of 1400 Sq ft in each floor total three floors of which Restaurant in Ground Floor, Resto-Bar facilities at First Floor and snooker tables at Second Floor.

Table BBQ Restaurant.

Ground 250 Sqft Lift and Delivery counter and 1800 Sqft at First Floor for Table BBQ restaurant and 1500 Sqft at Second Floor for Kitchen and Snooker TAble and Roof Top 800 Sqft for open air dining.

Rent for Multicuisine restaurant at Rs. 75 K / PM with 5 years registered lease with 10 percent increase clause.

Table BBQ restaurant.

REnt Rs. 80K / PM with 10 percent increase clause for 5 yeras.

Recreation Club.

Three snooker and pool tables for the members.

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