Cloud Kitchen Seeking Loan in Dubai, United Arab Emirates
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 | 2:21 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
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Earlier than 15 daysPartner, Investment & Food Technology, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Manager, Human Resource, Giza, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Home Education And School And Retail, Abu Dhabi, Corporate Investor / Buyer connected with the Business