Fast Food Restaurant Seeking Loan in Erbil, Iraq
Quick service restaurant based in Erbil, Iraq seeks funds for expansion and marketing.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 460 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Fast Food Restaurants |
| Locations | Erbil |
| Local Time | 7:32 AM Asia / Baghdad |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
16.8 thousand
for
12.5%
annual interest,
5
years
(Native Currency: IQD 22,000,000)
Reason: - To buy additional devices and equipment for making fried chicken and for marketing.
- This is a n...
View More
Collateral Available: USD 16.8 thousand
Includes physical assets worth
USD
16.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Logo
(66.9 KB)
Health Department Certificate
(158.9 KB)
Business Overview
- Recently started fast food restaurant that serves fried chicken, chicken sandwiches, sides, drinks.
- We serve 100-130 customers per day.
- Facility has 8 dine-in tables with 32 chairs.
- The business is currently growing at a quarterly rate of 20 to 25%
- Owner has more than 10 years of experience in this industry.
- Restaurant has a ServSafe food safety certificate.
- We are planning a B2B partnership with corporate firms for discount deals, promotional meal sets for lunch and dinner.
- Business is owned by a single owner and does not have any liabilities.
- We serve 100-130 customers per day.
- Facility has 8 dine-in tables with 32 chairs.
- The business is currently growing at a quarterly rate of 20 to 25%
- Owner has more than 10 years of experience in this industry.
- Restaurant has a ServSafe food safety certificate.
- We are planning a B2B partnership with corporate firms for discount deals, promotional meal sets for lunch and dinner.
- Business is owned by a single owner and does not have any liabilities.
Products & Services Overview
Fried chicken.Fried chicken sandwich.
Sides.
Drinks.
Assets Overview
2 big coolers.2 big freezers.
2 fryer vats.
1 fryer hood.
8 preparation tables.
1 dump station.
1 burger grill.
1 crepe grill.
Food cabinets.
Backwash sink.
POS system.
8 dine-in tables with 32 chairs.
4 shelves.
Facilities Overview
Rented restaurant space.The monthly rent is USD 800.
Number of floors is 1.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysHead Chef, Restaurant, Adelaide, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Fast Food Restaurant Seeking Loan in Erbil, Iraq
·Lend to Newly Established Fast Food Restaurant in Erbil, Iraq
·Newly Established Fast Food Restaurant Seeking Loan
·Newly Established QSR Seeking Loan in Erbil, Iraq
·Lend to Newly Established Fast Food Restaurant
·Lend to Newly Established QSR in Erbil, Iraq
·Newly Established QSR Seeking Loan
·Lend to Newly Established QSR
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
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 113,000+ other businesses of all sizes.
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