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Cloud Kitchen Seeking Loan in Dubai, United Arab Emirates

Food court management startup with an attractive revenue model seeks funds to begin operations.

Established 1-5 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 6:54 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
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... View More
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.

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.

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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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