Cloud Kitchen Seeking Loan in Dubai, United Arab Emirates
|Employees||2 - 5|
|Legal Entity||Limited Liability Company (LLC)|
|Run Rate Sales||Nil|
|Industries||Restaurants + 1 more|
|Local Time||6:54 AM Asia / Dubai|
|Listed By||Business Owner / Director|
- 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.
Food court setup and management, cloud kitchen.
Food delivery, and food brand development.
We are a start-up company, not yet started. We do not own physical assets.
We operate from a rented office space in Dubai.
Earlier than 15 daysVP, Technology Solutions, Abu Dhabi, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysGeneral Manager, Electronic Transaction Services, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 daysFounder & Executive Chairman, Education,Technology, Dubai, Individual Investor / Buyer connected with the Business