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Fast Food Restaurant Seeking Loan in Bengaluru, India

HR consultancy company owner in Bangalore planning to open a vegetarian Karnataka & fusion restaurant.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 80 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 40 %
Industries Fast Food Restaurants
Locations  Bengaluru
Local Time 5:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 44 thousand for 10.0% annual interest, 3 years (Native Currency: INR 4,000,000)
Reason: HR consultancy company owner seeking funds to venture into the restaurant business.
Collateral Available: USD 39 thousand
Includes physical assets worth USD 9.4 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Successful HR consultancy company owner in Bangalore seeking to open a restaurant business to pursue their passion for the food industry.
- The restaurant will focus on serving Karnataka cuisine with a vegetarian menu, catering to local preferences and dietary choices.
- The menu will include a variety of fast food and tiffin options.
- The restaurant aims to provide a good ambiance for customers with an estimated seating capacity of 10 to 15.
- The owner plans to become a franchisee under a reputed restaurant brand. This strategic decision will provide the business with the necessary assistance in establishing, registration, licensing, and access to a proven business model.
Products & Services Overview
Restaurant serving vegetarian Karnataka cuisine.
Menu will include a variety of fast food and tiffin options.
Assets Overview
The existing HR consulting business has office equipment, furniture, computers, servers, etc. worth INR 8.5 lakhs.
The new restaurant business has no physical assets.
Facilities Overview
The HR consultancy company is operating from a rented co-working space in Bangalore.
For the restaurant, no facility has been occupied yet, but planning to rent out an 800 to 1,000 sq ft area facility.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There is 1 owner, holding 100% shares.
It is yet to start looking for investors.
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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