Cloud Kitchen Seeking Loan in Dubai, UAE
Food court management startup with an attractive revenue model seeks funds to begin operations.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Dubai |
| Local Time | 3:58 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
540 thousand
for
24.0%
annual interest,
5
years
(Native Currency: AED 2,000,000)
Reason: Require funds for the fit-out of the food court kitchens and cloud kitchens.
We shall start repayme...
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Collateral Available: USD 0
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Business Overview
- Start-up in the food industry of Dubai. We plan to be a food court management and cloud kitchens management company.
- Ground work is completed. We have signed LoI with participating brands and signed rental agreements as well.
- We will take food courts on lease from a mall on a revenue-share basis.
- We take the shell & core, invest, and prepare operational kitchens that are ready for use by food brands.
- This eliminates the need for CapEx by the food brands and they do not have to pay fixed rent. The food brands (tenants) will occupy the food court on a revenue share basis, they shall share 25% of the revenue with us.
- The no CapEx and no fixed rental, will be factors that will attract food brands to our food courts.
- 10% of the revenue will be paid to the mall as per the agreement and the rest 15% will be our revenue.
- We shall repay the principal and interest from this 15% revenue over the next 5 years.
- Our food courts will be in a mall with a strong footfall and have a famous anchor tenant.
- The owner of this start-up has experience in the property leasing industry.
- Ground work is completed. We have signed LoI with participating brands and signed rental agreements as well.
- We will take food courts on lease from a mall on a revenue-share basis.
- We take the shell & core, invest, and prepare operational kitchens that are ready for use by food brands.
- This eliminates the need for CapEx by the food brands and they do not have to pay fixed rent. The food brands (tenants) will occupy the food court on a revenue share basis, they shall share 25% of the revenue with us.
- The no CapEx and no fixed rental, will be factors that will attract food brands to our food courts.
- 10% of the revenue will be paid to the mall as per the agreement and the rest 15% will be our revenue.
- We shall repay the principal and interest from this 15% revenue over the next 5 years.
- Our food courts will be in a mall with a strong footfall and have a famous anchor tenant.
- The owner of this start-up has experience in the property leasing industry.
Products & Services Overview
Food court setup and management, cloud kitchen.Food delivery, and food brand development.
Assets Overview
We are a start-up company, not yet started. We do not own physical assets.
Facilities Overview
We operate from a rented office space in Dubai.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Investment & Food Technology, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Human Resource, Giza, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Home Education And School And Retail, Abu Dhabi, Corporate Investor / Buyer connected with the Business
Tags:
Fine Dine Restaurant Seeking Loan in Dubai, United Arab Emirates
·Casual Restaurant Seeking Loan in Dubai, United Arab Emirates
·Lend to Fine Dine Restaurant in Dubai, United Arab Emirates
·Cloud Kitchen Seeking Loan in Dubai, United Arab Emirates
·Lend to Casual Restaurant in Dubai, United Arab Emirates
·Restaurant Seeking Loan in Dubai, United Arab Emirates
·Lend to Cloud Kitchen in Dubai, United Arab Emirates
·Lend to Restaurant in Dubai, United Arab Emirates
·Fine Dine Restaurant Seeking Loan
·Casual Restaurant Seeking Loan
·Lend to Fine Dine Restaurant
·Cloud Kitchen Seeking Loan
·Lend to Casual Restaurant
·Restaurant Seeking Loan
·Lend to Cloud Kitchen
·Lend to Restaurant
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