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Cloud Kitchen Seeking Loan in Visakhapatnam, India

Cloud kitchen and health food provider with 300 active subscribers offering customized & standard meal packages.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 150 thousand
EBITDA Margin 20 %
Industries Cloud Kitchens
Locations  Visakhapatnam
Local Time 2:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 27 thousand for 11.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: We are planning to acquire a new cloud kitchen property in Hyderabad. Additionally, we need funding ... View More
Collateral Available: USD 0
Includes physical assets worth USD 20 thousand
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Business Name
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Business Overview

- We are a cloud kitchen and diet management company with monthly and weekly subscriptions.

- Offer a customized or standardized daily meal packages that assist in weight loss. Subscription charges are INR 2,500/weekly and INR 7,500/monthly.

- Have 300 active subscriptions currently across both the categories. This is the primary vertical of the business since it generates over 70 percent of the business' revenue.

- We also offer DIY meal packages and are registered on Zomato and Swiggy. The business generates INR 20,000 daily from this vertical. This particular vertical generates the remaining 30% of revenue.

- The cloud kitchen is open in two locations within Visakhapatnam. We have hired 2 expert chefs to run the kitchens.

- We are FSSAI registered and are partnered with StartupIndia, 100 Open Startups and Andhra Pradesh Innovation Society.

Products & Services Overview

We provide standardized and customized weight loss plans along with its associated meals. Additionally, we provide DIY meal packages.

Assets Overview

The registered office that is owned by the business. Besides that each kitchen is fully equipped with 8 burners, 1 exhaust, 1 chest freezer, 1 fridge, 1 griller, 1 microwave, 1 oven, 1 blender, 1 computer and 3 work tables.

Facilities Overview

Owned registered office with an area of 2,200 square feet.

Rented 2 cloud kitchens with an area of 1,800 square feet and 800 square feet.

Pay a monthly rent of INR 40,000 across both the properties. We have already paid a deposit of INR 1.5 lakh on both the properties.

Recent Activity
  • Earlier than 15 days
    Co-Founder, Bangalore, Financial Consultant connected with the Business
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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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