Need help?

Fast Food Restaurant Seeking Loan in Bangalore, India

Planning on setting up a food hub with 5 different brands under one roof.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Fast Food Restaurants
Locations  Bangalore
Local Time 3:08 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 24.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: Have completed almost 75% of the interior works. Require funds to complete the outlet and start oper... View More
Collateral Available: USD 30 thousand
Includes physical assets worth USD 60 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- We are looking to set up a food outlet offering 5 different brands under one roof.

- Business is not yet registered. We would be looking to register the business immediately once the ongoing outlet work has been completed.

- Out of the 5 brands, we plan to set up 4 of our own confectioneries, paan, cafe and hookah brands.

- We also plan to set up an ice cream shop under the Baskin Robbins brand name within the outlet. We plan to set up a contract with them once the outlet is complete.

- Almost 75% of the interior work has already been completed till date.

- We can finish the entire outlet within 1 month maximum post receiving the investment.

- Promoter has over 14 years of experience and has owned and operated multiple Baskin Robbins outlets previously.

- Company's physical assets include interior, furniture and equipment.

Products & Services Overview

Confectioneries & shawarma, cafe, ice cream, hookah and paan.

Facilities Overview

Have acquired a 2,400 Sq Ft rental property spread across 2 floors located in the heart of the city.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

6 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more