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    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 3:33 AM Asia / Baghdad
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.5 / 10
    Compare with industry
    Seeking Loan
    USD 17 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 17 thousand
    Includes physical assets worth USD 17 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Logo
    Logo (66.9 KB)
    Health Department Certificate
    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.

    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
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