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Event Management Business Seeking Loan in Nashik, India

Catering and event management business supplying food to industries and hospitals across Nashik.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 43 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 22 %
Industries Event Management + 1 more
Locations  Nashik
Local Time 10:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.4 million for 20.0% annual interest, 14 years (Native Currency: INR 250,000,000)
Reason: - To take over a 5-floor building which has a hotel, restaurant, and fitness centre in order to grow... View More
Collateral Available: USD 3.4 million
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Catering and event management business specializing in non-veg with a reasonable rate and focus on hygiene.

- We regularly supply food to over 100 factories, hospitals, industries across Nashik.

- All our clients are happy with our food and services.

- We supply breakfast, lunch, and dinner to clients and charge a monthly fee.

- We also organize and manage events and functions from time to time but our main revenue is from catering services.

- Planning to acquire 18,000 square feet 5-floor building with 25 rooms, a restaurant, and a fitness center. This will help us expand our existing business and grow in other areas.

Products & Services Overview

Catering services to corporates.

Event management services.

Planning to take over and run a hotel, restaurant, and fitness centre.

Assets Overview

Complete kitchen set-up which includes refrigerators, freezers, utensils, commercial stove, gas cylinders, racks, tables, storage units. Office set-up includes chairs, tables, desks, computers and laptops.

Facilities Overview

- We operate from a 6,000 sq ft rented kitchen and office space.

- Planning to acquire 18,000 square feet 5-floor building with 25 rooms, restaurant, and fitness centre.

Recent Activity
  • Earlier than 15 days
    Partner, Pune, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Mumbai, Financial Consultant connected with the Business
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2 Investors contacted this Business this month.
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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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