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Cloud Kitchen Seeking Loan in Singapore

Restaurant also involved in delivery & catering services seeks a business and working capital loan.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 3 million
Run Rate Sales USD 3.5 million
EBITDA Margin 20 %
Industries Restaurants + 1 more
Locations Singapore
Local Time 5:12 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 8.0% annual interest, 5 years (Native Currency: SGD 800,000)
Reason: Business expansion, opening more outlets, and debt consolidation.
Collateral Available: USD 0
Includes physical assets worth USD 1.5 million
Interested to connect with advisors
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Business Name
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Business Overview

- We are also registered on Foodpanda and GrabFood.

- We have a total of 60 employees out of which 8 are chefs working in our central kitchen.

- Engage in direct sales and digital marketing to promote the business.

- Revenue split: catering - 20%, restaurant - 40%, institutional orders - 20%, and delivery - 20%

- The restaurant has a seating capacity of 80 pax.

- Promoter has 20 years of experience in the culinary industry.

Products & Services Overview

We major in Indian, Chinese & Western cuisine,

Managing 4 international schools, a restaurant, s and a central kitchen.

Assets Overview

The two mortgaged properties (central kitchen and office) along with all the associated infrastructure and kitchen equipment across all the three properties.

Facilities Overview

We have 3 properties out of which 2 are owned and 1 is rented. The owned properties are mortgaged.

We have a 3,000 square feet restaurant on rent where we pay SGD 14,000/month.

Besides that, we have a 6,000 square feet central kitchen and a 600 square feet office that is owned by the business.

Capitalization Overview

- Presently we only have bank loans of SGD 400k.

- We will bring the business to the next level, where we want to grow aggressively.

Recent Activity
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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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